Domestic Viscose Staple Market - Mid End Supplement

Crude oil and other bulk products prices continue to be low, the prices of chemical fiber products are also low. Last week, viscose staple market was also weak downtrend, which was affected by the rapid reduction of high-end prices last week. The price of mid price in the first half of the week was reduced. The mainstream business talked about 11700-11800 yuan, the individual price was 11600 yuan, and the high-end price was 11800-12000 yuan. Purchase The price is still loose, the middle end to 11600-11700 yuan, and the high-end mainstream is 11800-11900 yuan.

　　 Cotton yarn The price is also down, weaving 30S at 15500-15800 yuan, knitting 30S at 15800-16200 yuan. Since December, chemical fiber products have been falling all over the market and constantly affecting the market. market The atmosphere is strong, and the trading remains low. In the later stage, manufacturers are worried about upgrading sales and inventory, and the price is still weak in the later stage.

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Reporters learned that China's cotton import quota policy has tightened this year. Apart from the quota of 894 thousand tons, 1% quotas will no longer be issued, which will discourage importers and textile companies from sailing for the coming months. According to feedback from port traders and domestic textile enterprises, the number of cotton exports to main ports in China has continued to decrease since November, and the total volume has dropped to eighty thousand or ninety thousand tons.

Recently, the US Department of agriculture (USDA) released the latest global cotton supply and demand report, of which 2014/15's annual global cotton production increased by 52 thousand tons, while its consumption increased by only 37 thousand tons, and the global cotton supply continued to be relaxed and the surplus was 1 million 253 thousand tons.

In addition, USDA also raised the end of the world cotton inventory to 23 million 375 thousand tons. At present, global consumption is still weak, ICE contracts are expected to remain under pressure.

Judging from the situation of China's cotton production and consumption (aside from reserve stock), China's output this year is 1 million 633 thousand lower than that of its consumption. Output outside China is 2 million 886 thousand tons higher than that of consumption, and the domestic supply and demand situation is better than that of the international market.

According to the survey conducted by China Cotton Information Network in October, the output of cotton in China this year is 6 million 20 thousand tons, of which 4 million 80 thousand tons in Xinjiang. This year, weather and the implementation of direct subsidy policy and other factors, the market buying and selling rhythm has changed.

Xinjiang was mainly affected by the weather in 9 and October, such as low temperature, rainfall and frost. The output of the northern Xinjiang decreased, and the southern Xinjiang was also affected. The trend of reducing production in the mainland can not be ignored. The proportion of machine picked cotton in Xinjiang is expected to increase further in 2015/16.