Cotton Prices Down, Cotton Yarn Back Soft

　　 Viscose staple fiber 1.5D * 38MM market in November 12th the mainstream price of 30800 yuan / ton, higher quoted price to 31000 yuan / ton; by November 19th, the mainstream market quotation is about 30700 yuan / ton, higher offer to 31000 yuan / ton. The mainstream cotton lint in November 12th was quoted in the mainstream price of 14800 yuan / ton, until November 19th, the mainstream quotation was about 14000 yuan / ton; cotton pulp in November 12th, the mainstream quotation was about 22000 yuan / ton, until November 19th, the mainstream quotation was about 21500 yuan / ton.

In November 8th, the state Development and Reform Commission And other seven departments issued urgent notice, put forward 6 measures to maintain order in the current cotton market, and the central bank raised the reserve requirement ratio of banks. (328) the index is 31281 yuan / ton, compared with the previous day, 21 yuan / ton; to 15, China's cotton price index CC Index (328) index is 30986 yuan / ton, which is 295 yuan / ton lower than the previous day; on the 16 day, China's cotton price index CC Index (328) index is 29916 yuan / ton, which is lower than the previous day by 328 yuan / ton; the index of cotton price index of China is lower than that of the previous day, yuan yuan / ton, down by yuan / ton compared with the previous day; the Japanese cotton price index of China (CC) (RMB) index is RMB yuan / ton, which is down by yuan / ton compared with the previous day. Beginning in November 12th, China's cotton price index began to stop rising and falling, the 12 China cotton price index CC Index

Viscose staple fiber November 12th market Prices basically stabilized, 1.5D mainstream offer at 30800 yuan / ton, a higher price of 31000 yuan / ton, affected by the decline in upstream cotton futures prices, some traders intend to increase shipments, the market panic atmosphere intensified. From 13 to 14 days, the price of viscose staple fiber market was lower than that of the upstream cotton futures prices. The viscose staple fiber manufacturer's 1.5D price remained at about 30800 yuan / ton, and the price of the viscose staple fiber was less than 31000 yuan / ton. From 15 to 17, the production and sale of viscose staple fiber factory has dropped down, and the market purchasing psychology is thicker. Viscose enterprises are mainly based on multiple pre orders. The mainstream price of 1.5D is around 30500 yuan / ton, and the higher quoted price is less than 31000 yuan / ton, and some manufacturers are still relatively low inventory. From 18 to 19, the viscose staple fiber was lighter, the market was relatively calm, some viscose manufacturers were still relatively low inventory, the mainstream quotation remained basically, and the local price had been softened. The mainstream price of 1.5D was around 30500 yuan / ton, and the higher quoted price was less than 31000 yuan / ton.

Recently, viscose staple fiber enterprises have been watching for a short time in recent days. Viscose staple fiber enterprises are seeing a lot of air for a long time. There is a strong wait-and-see atmosphere in the lower reaches. The market is in a sluggish fashion, and the shipping atmosphere is relatively light. Although the price is basically deadlocked, some manufacturers have begun to have a preferential price of 300 to 500 yuan. In addition, the stock of viscose manufacturers is still not large, and the initial orders are still being completed. Most viscose staple fiber enterprises are still finishing the previous orders, which usually last for a week. But recently new orders are almost zero, all viscose short staple enterprises are also very few customers daily inquiry, although the prices of various manufacturers are stable in the 1.5D mainstream price of 30500 yuan / ton, a higher price of 31000 yuan / ton; 1.2D mainstream price in 30700 yuan / ton left right, higher offer 31200 yuan / ton, but the actual deal still has a discount. At present, although the market quotation is basically stable, but the manufacturers shipped out gradually, many factories have indicated that there is no order, most viscose enterprises have a new single missing phenomenon. In addition, traders thought of selling more seriously. At present, 1.5D viscose staple fiber has heard of 28000 yuan / ton offer. The state cracked down on farm products speculation, and the deposit reserve rate continued to rise this week, which also increased the market's anticipation of raising interest rates. In addition, many factors such as off-season factors plagued the market of viscose staple fibers in the short term.

The recent market quotation of cotton lint also began to fall into a downward path following the price of cotton, and many traders also lacked confidence in the latter market. Shipments increased sharply, and short supply of cotton lint appeared in excess of demand. The purchase price of cotton lint market in Shandong has been decreasing for several consecutive days. At present, the market quotation of cotton pulp with cotton pulp has dropped by 1500 yuan / ton to 14500 yuan / ton, and the short silk pulp short price has dropped to 13500 yuan / ton. The market price of cotton pulp in the near future remains at the level of 22000 - 22500 yuan / ton, but the downstream market is not in a hurry to get goods, and wait-and-see sentiment has spread to cotton pulp. The price of the dissolving pulp market is still maintained at 2400 to 1450 US dollars / ton in the near future. It is said that wood pulp is basically not available for sale, and manufacturers are still reluctant to sell them. To November 19th cottonseed prices continue to rise, the mainstream market of Xiajin Mao seed market quoted price to 2.5 yuan / Jin. Cotton lint filament yarn is quoted in two velvet at 14500 yuan / ton, short staple cotton short staple is maintained at 13500 yuan / ton, and there is a large quantity of goods in the market. Short staple cotton pulp market quotes are stable, but market enquiries and transactions are few, downstream businesses stop to wait and see. Wood pulp enterprise Continue to sell, I heard that the shortage will continue until next February.

Although viscose staple fiber market quotation continues to stabilize, but not much shipment, but shipments are obviously poor. At the same time that the production enterprises unanimously stabilize their quotations, traders of viscose enterprises are fighting for the price of goods, and the ordering cost is not high. They have started a price war, and the price of 28000 yuan / ton can be seen everywhere. Cotton prices have been falling for a long time, and the emergence of low viscose staple fibers has disrupted market sentiment, and the wait-and-see mentality continues to increase. At present, the decline of cotton prices has the most obvious impact on viscose staple fiber. The low price of intermediate traders to give viscose staple fiber price stability brings a little profit, and because of downstream cotton yarn manufacturers viscose staple fiber stock for about a month, estimated from the end of November to early December, cotton yarn manufacturers will start replenishment demand, this is the best time for low-priced viscose staple fiber shipment, it is expected that viscose staple fiber market will face further downgrades. Up to now, there is little pressure on stock in viscose staple production enterprises, and orders in advance can last for a week. Starting next week, the stock of viscose enterprises will gradually increase, and manufacturers will lower prices and preferential margins.

The price of upstream viscose staple fiber is stable, and the market quotation of the recent cotton yarn is still high, but the local stability has also dropped to varying degrees. The downstream wait-and-see atmosphere is thicker, and the goods delivery situation has obviously slowed down compared with the previous stage, but there has not been a marked increase in inventory. In recent years, the price of cotton yarn in Xiaoshao area has shown an uneven trend of decline. The downstream procurement is more cautious, with a strong wait-and-see atmosphere and a marked slowdown in goods. 30S tons of knitting yarn, Jiaozuo Yuntai production / first class goods price quoted at 38500 yuan / ton; 30S woven yarn Xiaoshan Hongxing production / first class product quotation at 37500 yuan / ton; 20S woven slubby yarn production in Jiangsu / bleaching sun / first class price at about 37500 yuan / ton; 30S/2 weaving yarn Xinxiang Fengquan production / first class price at 39500 yuan / ton; 40S woven yarn 20 Fen 20 Fen production / first class quotation at 38500 yuan / ton; 50S weaving yarn Jiangsu Nantong production / first class price quoted at 43000 yuan / ton; 60S/2 woven yarn Xinxiang joint production / first class quotation at 53500 yuan / ton. Among them: November 12th cotton yarn 30S knitting yarn Xinxiang Lida production / first class price quoted at 38500 yuan. 至11月19日人棉纱30S针织纱新乡联达产上/一等品报价在38000元/吨左右(下跌500元/吨)，30S针织纱焦作云台产上/一等品报价在37800元/吨左右(下跌700元/吨);30S机织纱萧山鸿兴产上/一等品报价在36500元/吨左右(下跌1000元/吨);20S机织竹节纱江苏漂阳产上/一等品报价在37000元/吨左右(下跌500元/吨);30S/2机织纱新乡凤泉产上/一等品报价在39500元/吨左右(价格基本稳定);40S机织纱绍兴二毛产上/一等品报价在38000元/吨左右(下跌500元/吨);50S机织纱江苏南通产上/一等品报价在43000元/吨左右(价格基本稳定);60S/2机织纱新乡联达产上/一等品报价在53500元/吨左右(价格基本稳定)。