Polyester Staple Market: Slowing Down (10.17)
Psf
Price declines slow down, production and marketing is still not ideal.
Polyester and short market decline slowed down, today's manufacturers multi level newspaper, the paction continued to negotiate, the market center of gravity is still weak, Jiangsu and Zhejiang 1.4D direct spinning polyester short market mainstream reported 8300-8400 yuan / ton factory, downstream demand replenishment, production and marketing is still not ideal.
Yesterday, Fujian
market
Polyester and short cut is bigger, but the downstream reaction is dull. Today, Fujian polyester and short manufacturers are watching and watching. The market is temporarily stall. The 1.4D direct spinning polyester and short market mainstream newspaper is short of 8200 yuan / ton, and the buying atmosphere is still insufficient.
North polyester short
There is still weakness. The Hebei market has been hit by low prices. The price has dropped significantly. The 1.4D direct spinning polyester short mainstream newspaper has been sent to 8350-8400 yuan / ton, and the price is low to 8300 yuan / ton.
Shengze's yarn market performance is mild.
Pure polyester yarn market steadily, 45S turnover is acceptable, 32S mainstream 12800 yuan / ton up and down, 45S mainstream 13700 yuan / ton near.
Raw material market shocks increased, market mentality divergent.
It is expected that the short and short market will be weak in the short term and the bottom market will continue to follow.
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In southern Akesu, the price of seed cotton to factory is 3.2 yuan / jin (43% of lint, 13-14% of water), unchanged from yesterday.
The price of seed cotton to the factory in Kashi area is 3.1 yuan / jin (40% of lint, 13-14% of water), up 0.05 yuan / Jin yesterday.
The price of seed cotton to factory price in Bazhou Korla ginning factory is 3.2 yuan / jin (43% of lint, 13-14% of water), unchanged from yesterday.
The price fluctuation of seed cotton in southern Xinjiang was narrowed, and Akesu, Kashi, Korla and other places fluctuated by 0.05 yuan / kg, showing signs of stabilization. However, there are still many high cost ginning plants that may stop or temporarily sell lint in the near future to wait for a stable paction.
At present, lint processing is maintained at a low level, and the raw material inventory of cotton enterprises is partly tight, and the enthusiasm for purchasing is high. After the general public inspection, the linen is directly pported to the mainland from the platform, and the stock of lint is sporadic.
The mainstream pick-up price of lint platform in southern Xinjiang has been maintained at 14600-14800 yuan / ton, and Akesu Kuche county and Bazhou Korla city have risen slightly at 14800-15000 yuan / ton, and cotton prices are stable as a whole.
The price of seed cotton to factory price in Yili Kuitun ginning factory is 3.25 yuan / jin (42% of lint, 13-14% of water), unchanged from yesterday.
Tacheng Wusu city cotton mill factory cotton price to 3.15 yuan / jin (40% lint, water 13-14%), unchanged from yesterday.
The price of seed cotton to factory in Shihezi ginning factory is 3.15 yuan / jin (41% of lint, 13-14% of water), unchanged from yesterday.
North Xinjiang has less seed cotton and many cotton ginning plants have stopped collecting. It is understood that the seed cotton is hard to harvest in Kuitun, Yili. According to the unified purchase price of 6.5 yuan / kilogram (regardless of linen), the local cotton seed price is lower. Some of the ginning plants indicate that the processing cost has been inverted with the platform price of 14700 yuan / ton.
In other areas, the purchase price of seed cotton basically remained at 6.2-6.3 yuan / kg, and the yield was also not large.
In recent years, the pickup price of lint platform has been maintained at 14500-14800 yuan / ton in most areas in Northern Xinjiang, and the purchasing enthusiasm of cotton enterprises has obviously weakened after the cotton price rises, most of which are purchased according to the demand for replenishment.
- Related reading
Xinjiang Cotton Spinning Enterprises Preferred Cotton Quotes Overall Decline
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