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

2011/8/23 12:50:00 49

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

A Zhejiang cotton trader said that the spot price and paction 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 resilience, and the downstream demand did not really get warmer.

Some small and medium

cotton spinning

Although the factory has a strong desire to start, produce and receive orders in September, it is still handling the trial and 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 hibernate in advance. Therefore, it is too early for demand to rebound. On the other hand, in August, India cotton and West African cotton mixed with foreign and exported cotton mixed and mixed goods were heavier. 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 have increased in port volume (mainly in Qingdao and Shanghai port). Although the offer is 107-108 cents / pound, the actual paction price is only 100 cents / pound.

domestic

There is still little interest in the procurement of enterprises. First, the lint grades in Pakistan are one to two grades lower than that in the domestic market; the two is short staple and high fiber, which 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 spun yarn and 32S high count yarn.

In August 21st, the price of 116-118 EMOTM1 / 1/16 and 119-120 cents / lb was awarded to the international cotton merchant of the United States, "EMOTSLM1 - 1/8" and "EMOTSLM1 - 1/8", and the actual paction price was 3-5 cents lower than the quoted price.

Cotton merchant

The United States EMOTSM (CIQ report) clearance of lint in Jiangsu, Shandong and Henan libraries in the mainland is still quoted at 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, and the other real quotation is for domestic importers, and the actual paction 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.