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Cotton Spot Price Volatility Declines &Nbsp; Textile Off-Season Is Coming.

2010/7/14 15:49:00 46

Yesterday's outer market

ICE

There has been a sharp decline, and today's domestic electronic disk also continues to fall, the decline is larger than yesterday.

Goods in stock

The price shock declined, Cotton Traders actively sold, enterprises with large hoarding cotton prices loosened, and firms with small cotton hoarding prices remained firm.

Real estate cotton because of limited resources, the price is not much, the price remains stable.

Xinjiang cotton quotation has been reduced, but textile companies are waiting to throw the store firmly. The market is in a stalemate.

In addition, in recent two days, Hubei, Hunan, Anhui and other cotton producing areas have more rainfall, which are unfavorable to the flowering of the new cotton.

New cotton grows well in northern China for fine weather.

Today, China's cotton price index (CCIndex328) is 18416 tons, down 2429 grade cotton to plant average price 18057 yuan / ton, up 0.

Under the influence of the coming of the textile off-season, the pressure of policy adjustment and the continuous weakening of the prices of Zheng cotton and electronic matching, cotton prices are rising slowly.

Because of the lack of obvious improvement in cotton resources shortage, cotton price support is still strong in the short term, and the trend is expected to be stable.

The price of cotton yarn in cotton mills and light textile markets in Shandong, Jiangsu, Zhejiang and Henan has generally been reduced by 500-1000 yuan / ton. With the textile market entering the traditional off-season, the textile industry will have a better understanding of China's economy in the second half of 2010.

Textiles and garments

Domestic and foreign sales situation may worsen, and cotton yarn price cut will be deepened.

Data released by the Customs General Administration on 10 may show that textile yarn, fabrics and products exported 35 billion 650 million US dollars in the first half, an increase of 32.3%, an increase of 2.6 percentage points over the first five months, and a 53 billion 230 million increase in clothing exports, an increase of 16%, an acceleration of 2.9 percentage points.

Recently, the industry has made a lot of speculation about the cotton yarn market. The downstream weaving mills are worried about the price drop after buying, increasing the inquiry of cotton yarn, but reducing the actual purchase, especially for dealers.

The price of cotton yarn is mostly stable, and a small number of manufacturers with higher quoted prices have a slight callback.