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Textile Exports Have Improved Slightly, Cotton Prices Are Expected To Be Dominated By Concussion In The Later Stage.

2012/10/13 9:49:00 11

Textile ExportsTrendsCotton Prices

 

today Zheng cotton Flat opened after the fall of high, a slight rise in the late market, increased positions. The opening price of CF1301 is 19405 yuan / ton, the highest price is 19480 yuan / ton, the lowest price is 19325 tons, closing price is 19430 yuan / ton, the price is 5 yuan / ton, the daily turnover is 72566 hands, the position is increased, and the daily turnover is 7822 to 232158 hands. CF1305 closed at 19300 yuan / ton, down 5 yuan / ton, the daily turnover was 25582 hands, and the position was reduced 160 to 122364 hands.


On the 12 day, ICE cotton rose slightly. The December contract closed at 71.36 cents / pound, up 65 points, and the March contract closed at 76.53 cents, up 64 points. The market is short of stimulation and is expected to be dominated by concussion in the later stage.


According to customs statistics, China imported 262 thousand and 900 tons of cotton (19430,5.00,0.03%) in September 2012, a decrease of 42 thousand and 600 tons compared with last month, a decrease of 14%, an increase of 10 thousand and 200 tons, an increase of 4% over the previous year. The total import volume of 4 million 29 thousand and 400 tons in the first 9 months of this year increased by 2 million 86 thousand and 400 tons compared with the same period last year, an increase of 107%.


According to customs statistics, China exported in September 2012. Spin product clothing About $25 billion 126 million, an increase of 9.33% over the previous year, an increase of 12.68 percentage points, an increase of 2.14% in the annulus, and a 0.83 percentage point increase in the growth rate. Exports of textile yarns, fabrics and products were 8 billion 541 million US dollars, an increase of 7.47% over the same period last year, an increase of 11.31 percentage points, an increase of 6.21% percentage points, an increase of 5.71 percentage points, and an increase of 10.32% in the export garments and accessories 16 billion 584 million US dollars, an increase of 13.42 percentage points, an increase of 0.16% percentage points, an increase of 4.06 percentage points. In 2012 1-9, textile and apparel exports totaled US $187 billion 157 million, an increase of US $988 million over the same period last year. An increase of 0.53% over the same period, an increase of 23.74 percentage points.


In October 12th, the planned storage and storage of 141600 tons, the actual turnover of 104670 tons, the transaction ratio of 74%. Among them, the Xinjiang warehouse point plan to close and store 86000 tons, actually clinch a deal of 85440 tons, the transaction proportion is 99.3%, the mainland warehouse plans to store and store 55600 tons, actually clinch a deal 19230 tons, the turnover rate is 35%. As of today's 2012, cotton temporary storage and storage totaled 773960 tons, with a total turnover of 631760 tons in Xinjiang and a total turnover of 142200 tons in the mainland.


On the spot, new flowers began to list, and spot quotations rose slightly. 328 for 18687 yuan / ton, up 4 yuan / ton; 527 for 16387 yuan / ton, up 3 yuan / ton; 229 index is 19604 yuan / ton, up 2 yuan / ton.


Downstream, prices were generally stable, and the turnover was light. KC32S is 25450 yuan / ton, flat; JC40S price is 30670 yuan / ton, flat; polyester staple price is 11100 yuan / ton, flat; viscose staple fiber price is 14600 yuan / ton, down 50 yuan / ton.


Conclusion: the daily storage and storage volume remained stable, and the total turnover reached 770 thousand tons. But downstream demand is still weak, which restricts cotton prices. It is expected that the latter is mainly based on concussion. Focus on late storage and country policy The situation.

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