India CCI Sold 520000 Tons Of Inventory, S-6 Pick Up Price Remains Stable -- Sice Daily Market Express (8.12)

domestic

1.3128b cotton 12399 flat; 1.5D viscose staple fiber 8100 flat; 1.4d polyester staple fiber 5450 flat; pure cotton yarn c32s 18525 flat; rayon yarn r30s 11850 flat; pure polyester yarn t32s 9500 flat.

2. The spot market of cotton continued to adjust. The base difference quotation of a merchant's cotton machine picking 3128 grade Jiangsu warehouse was about 600-800 yuan / ton, which was about 12800-13000 yuan / ton at present. The actual order was negotiated, and the downstream purchase was on demand, and the transaction was light.

3. The market price of viscose staple fiber is calm, and the chemical fiber factory delivers goods smoothly. However, the cotton yarn Market of downstream people is still weakening in recent years, and the pressure of yarn factory shipment and cost is high. In the short term, the viscose staple fiber factory is expected to maintain low-cost shipment. At present, the price of middle end viscose staple fiber is 8100-8300 yuan / ton, and that of high-end viscose staple fiber is 8300-8400 yuan / ton.

On the first day of trading, the trading volume of cotton increased by + 296.021, the lowest, and the trading volume increased by + 1 291. Cy2101 closed at 20080, + 0.80% compared with the previous trading day; the highest was 20085, the lowest was 19855; the trading volume was 8649, and the position was 5903, + 304.

5. Today PTA Futures Volatility weakened, Zhejiang market polyester factory quotation is basically stable. Downstream textile enterprises continue to digest the raw material inventory in their hands, and are cautious and wait-and-see attitude is obvious, polyester transaction is not good. It is expected that the center of gravity of polyester will still be mild finishing in the short term. At present, the main price is between 3650-75t / T, and the main price is between 3650-75d / T, and the price is between 3650-75d / 75D.

6. China's light and textile city passenger increase, a total of 5.71 million meters, including 4.1 million meters of filament cloth and 1.61 million meters of staple fiber cloth, including 240000 meters of cotton cloth, 220000 meters of TC cloth, 240000 meters of TR cloth, 380000 meters of r-man cotton cloth, and 530000 meters of others.

international

1.11 ice cotton market growth continued. The main contract settlement price in December was 63.49 cents, up 69 points; the settlement price of March contract was 64.33 cents, up 73 points; the settlement price of may contract was 64.96 cents, up 75 points.

2. According to the forecast of Brazil conab this month, the cotton output of Brazil in 2019 / 20 will be 2.9297 million tons, an increase of 38500 tons compared with the forecast of last month. The main reason for the increase is the expected increase of yield per hectare, up to 1753 kg / HA from 1733 kg / ha last month, compared with 1717 kg / HA in the previous year. It is estimated that the output of Mato Grosso this year will be 2.0372 million tons, accounting for 70% of the total output.

3. Up to now, Indian cotton company has sold 3.05 million bales (518500 tons) of cotton through daily auction, and the remaining 8.35 million bales (1.4195 million tons), Maharashtra has sold 505000 bales (86000 tons) of cotton, and the remaining 1.25 million bales (213000 tons).

On Tuesday, S-6 ginning plant picked up goods at 33400 rupees per Kandi, or 56.90 cents / pound; j-34 ginning plant in Punjab paid 3610 rupees per maunde and 58.60 cents / pound. On that day, 6900 bales (1173 tons) of new flowers were put on the market, of which 4500 bags (765 tons) were in Gujarat.

4. The spot market trading of imported cotton yarn has improved slightly, the volume of traders' shipment has increased, and the price is still falling slightly. The main reason is that the market inventory is still large, traders still have a certain profit and are actively shipping. At present, the demand has recovered, but the recovery degree is still low. Traders' external orders continue partially. At present, there is a slight profit margin between the internal and external prices. Traders mainly place orders on demand.

5. The price of imported yarn is stable and the transaction is light. Most of the foreign disc mills and traders reported that after August, China's demand still did not improve significantly, mainly in a small number of purchases. Downstream demand is not good, traders order cautiously.

The price of Indian outer plate fluctuated, and the price of rotor spinning was stable and weak. The price of combed yarn was increased by 1-2 cents / kg. Local traders closely spinning jc26s US $2.36/kg, RMB after tax about 19600 yuan / ton, transaction light.

The price of Vietnam's external market remained stable, and local general trading continued. The quoted price of c32s package is US $2.29-2.3/kg, RMB after tax is about RMB 18400-18500 yuan / ton, and the transaction is light.

Pakistan's external price is stable and weak, and the difference between domestic and foreign prices is large. The price of c10s US $360 / piece was quoted by the traders, about 15900 yuan / ton after RMB tax, and the transaction was light.

6. The price of imported cotton in Hong Kong rose slightly today. The price of Indian cotton shankar-6 1-5 / 32 for shipment in August / September is 64.75 US cents / pound, up 0.75 US cents; the quotation of 13332 tons under sliding standard tax is increased by 66 yuan; the price of port self raised under 1% quota tariff is 11198 yuan / ton, up 127 yuan. In August / September, the quotation of emot sm of American cotton was 74 cents / pound, up 0.75 cents; the quotation under sliding standard tax was 14200 yuan / ton, up 80 yuan; under 1% quota tariff, the port self submitted price was 12769 yuan / ton, up 127 yuan. The price of Brazil SM in August / September is 68.95 US cents / pound, up 0.75 cents; the quotation under sliding standard tax is 13708 yuan / ton, up 67 yuan; the port self raised price under 1% quota tariff is 11911 yuan / ton, up 127 yuan.