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State Store Cotton Turnover Rate And Average Price Weakness Are Serious.

2017/4/1 22:48:00 28

National Cotton ReservesRound OutPrice Market

2016/2017 cotton reserves for third weeks, China

Reserve cotton

The management company planned to sell 153 thousand and 300 tons of cotton reserves, and the actual turnover was 107 thousand and 100 tons, with a turnover rate of 69.86%. Among them, Xinjiang cotton traded 73 thousand and 200 tons, and real estate cotton traded 33 thousand and 900 tons. From the paction price, the average price was 14732 yuan / ton, a decrease of 51 yuan / ton compared with the previous week, and the average price of the paction was reduced to 15941 yuan / ton of standard grade (3128), a decrease of 22 yuan / ton compared with the previous week.

Under the psychological trend of buying or selling, the average price of cotton reserves, volume and spot market prices continued to decline this week.

According to the national cotton market monitoring system data, the average price of cotton price B index (CNCotton B) on behalf of the 3128B grade cotton price in the mainland is 15961 yuan / ton, down 23 yuan / ton compared with the previous week.

During the week, the spring sowing work of Xinjiang agricultural first division, the two agricultural division and the third agricultural division of three agricultural divisions has been launched. It is estimated that the proportion of machine picked cotton is nearly 100%. Due to the lower temperature, the sowing date is 3-5 days longer than the previous years.

The downstream yarn market is better and the order is sufficient.

Price

Stable, smooth sales, some enterprises for auction cotton reserves and funds slightly nervous.

The cotton storage and warehousing work has been carried out step by step smoothly. For the violation of individual social storehouses, the general store company has seriously investigated and dealt with it and will never tolerate it.

Pakistan polyester and viscose prices fell, yarn prices should be lowered.

According to statistics, the price of 1.4D polyester staple fiber in Pakistan has dropped by 2 rupees / kg to 128 rupees / kg (1.22 US dollars / kg), a 1.54% decline, and the price of CNF imported from China is 0.99 US dollars / kg.

Viscose fiber imports from China CNF price has dropped to 2.15 U.S. dollars / kg.

At present, cotton prices continue to rise, Pakistan polyester fiber consumption continues to increase.

No matter how the cotton price rebounded in the past few weeks, the price of cotton yarn in Pakistan remained stable, mainly because of Vietnam and India.

compete

Caused by.

With the further growth of raw material costs, profits of Pakistan spinning mills are decreasing.

According to statistics, cotton prices surged 7.94% in the past 3 months, while the C30S price increased by only 5.73%. The price of polyester cotton yarn (PC) remained unchanged, and the price of polyester yarn (PV) decreased slightly.

Last week, cotton prices in Pakistan were kept at 6800 rupees / Mendelian high level due to domestic cotton supply shortage last week.

According to statistics from relevant departments of India, the output of cotton yarn in India from April 2016 to January 2017 decreased by 2.2% compared with the same period last year. However, the yarn output has not only remained stable and slightly increased due to some spinning mills turning to blended yarn production (blended yarn output increased by more than 6%), but the percentage of pure cotton yarn is still about 71.4%.

At present, the domestic cotton inventory in Pakistan has reached a low level. The cotton prices in Pakistan have risen with the recovery of New York futures prices, and the price of polyester staple fiber has dropped. The textile enterprises in Pakistan have begun to adjust their product mix and pfer from pure cotton to blending.

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