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66 Cotton Yarn Price Bulletin

2012/6/6 18:41:00 26

Phase CottonCotton Sub MarketYarn Market

(1) domestic aspects:

Zheng cotton

Futures today's 1301 contract opened at 18725 points, which closed at 18750 points, down 35 points.

In addition, China's cotton price index today is 18545 yuan / ton, or 53 yuan.

Commercial cotton electronic matching MA1206 closed 17615 yuan / ton, down 29 yuan, today traded 2540 tons.MA1207 closed 17600 yuan / ton, down 15 yuan, today clinch a deal 2880 tons.


(two) overseas:

Imported cotton

Price index FC Index M to port price 80.39 cents / pound, down 1.52 cents, 1% quota tariff under the port delivery price 12985 yuan / ton, down 241 yuan, sliding price of the port delivery price 13592 yuan / ton, down 149 yuan


(three) production area express: Shandong Linqing cottonseed 1.05 yuan / Jin, good 6 grade lint 12000 yuan / ton gross weight with ticket, level 6 lint 11700 yuan / ton gross weight with ticket.

Henan Nanyang local lint stock is not big, good four grade lint market quotation at 17700 yuan / ton (net weight belt ticket), lint spot price has no market, the market basically no deal, cottonseed price in 1.02 yuan / Jin.

Anhui Hanshan County cotton grade high, good four lint price 18300-18500 yuan / ton (net weight without ticket), level 4 lint price 17800-18200 yuan / ton (net weight without ticket), less volume, cottonseed sales basically ended.


(four) cotton sub Market: today's market

Cotton byproducts

The market is still dominated by weakness, cottonseed prices are stable and falling, and the acquisition of factories is very limited, which is limited by the external downturn. The quotation of cotton oil is still down, and demand is weak. Cottonseed meal and cotton lint are also running weak. The quotation of cotton shell is small and small, and the volume is limited.

As time goes on, the vice market of cotton is coming to an end.


(five) yarn Market: today's cash and clear cotton yarn: Huayang C7s17500 Juye C10s18000 Xiajin C16s19500 Jingmen C16s20500 Zhongyuan C12s18000 (low spun yarn) money clear cotton yarn: Shandong Zhongyuan C21s23500 Jingdong Hebei C32s high fit 26800 Henan Shangqiu C40s29000 Anhui inaction C60S32500 (high yarn) viscose staple 1.5D*38: Funing, Australia, 15300 Jilin chemical fiber 16000 16000 dragon 15400, Hailong 15600 chemical fiber 15300 Bola Jingwei 15300.


(six) market review:

Cotton yarn Market

Poor sales, turnover center of gravity has shifted down, the entire cotton textile industry chain has no confidence in the market outlook.

The price of cotton quotas in various regions of the country is not good enough, matching spot prices also have a small decline. The overall cotton market is still not optimistic. The economic situation in Europe and the United States is not good, textile exports are shrinking, domestic cotton sales are difficult, and cotton enterprises' information is insufficient.

Poor downstream market demand is still an important reason for the weak cotton market.

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