Foreign Cotton To Hong Kong Volume Rebounded &Nbsp; Spot Easy To Fall, Difficult To Rise.

According to the survey, 20, 21 August, Qingdao, Zhangjiagang and Shanghai bonded area India S-6 domestic traders actual transaction price is 19500-19600 yuan / ton, the quoted price is 19800-20000 yuan / ton.

A Zhejiang cotton trader said that the spot price and transaction price of the port did not adjust with the sharp rise and fall of ICE futures. On the one hand, the spot market of the national cotton only showed a certain amount. Resilience Downstream demand has not really become warmer. Although some small and medium-sized cotton mills have a strong desire to start, produce and receive orders in September, they are still dealing with them. Probe And the inquiry stage. If the export and domestic sales orders in 9 and October are still sluggish, and manufacturers can not speed up the process of "de Stocking", even if the price of cotton is lower, these small businesses must advance. hibernation Therefore, it is too early for demand to hit bottom. On the other hand, in August, India cotton and West African cotton mixed with foreign shipment were mixed and mixed. The S-6 and J34 and India RG (2009/10) were mixed with more foreign fibers, short staple, neps and different horse values.

It is reported that Pakistan's Stars/1 and SLMLTSP cotton are increasing in port volume (mainly in Qingdao and Shanghai port). Although the price is 107-108 cents / pound, the actual transaction price is only about 100 cents / pound, and the interest of domestic enterprises is still not large. First, the lint grades in Pakistan are lower than one to two grades in the country. Two, the short lint is high and the foreign fiber is much, and it can only be used for a small amount of cotton blending. Three, the color of Pakistan cotton is generally yellowish or milky white, and is not suitable for the production of colored spinning and over 32S high count yarn.

In August 21st, the price of the EMOTM1 1/16 1/16 and EMOTSLM1 1/8 "Qingdao port" was 116-118 cents / pound and 119-120 cents / pound respectively, and the actual transaction price was 3-5 cents lower than the quoted price. The cotton company's EMOTSM (CIQ report) clearance price of the lint in the mainland Jiangsu, Henan and Henan was still 20400 yuan / ton, up 100 yuan / ton compared with last week.

The two foreign businessmen who mainly operate Australian cotton and American cotton said that although the spot quotations for Australian ports BEUT (SM) 1-5/32 and BEUT (SM) 1-1/8 are all at 136-138 cents / pound, the price is above 140 cents / pound, but the price is mainly for peers. Deal The price is below 120 cents / pound.

A large domestic trader said that due to the sudden increase in the delivery volume of foreign goods in August, the volume of tens of thousands of tons of port has greatly increased the sales pressure of the enterprises. In mid August, the price of the outside cotton of the company increased by 200-300 yuan / ton with the ICE futures, and the average daily turnover dropped from 800-1000 tons to 200-300 tons. Because there will still be a large quantity of cotton delivered to India in the short term, the quotation of the company's India, American cotton and West Africa cotton has to be adjusted to 200 yuan / ton, in order to increase the turnover.