Spot Quotation Rises, Enquiry Business Is Limited.
I. futures
According to market rumors, the planting area in India increased, and the American cotton area was in good condition. 27 ICE cotton fell slightly.
1610 contract settlement price 73.83 cents / pound, up 20 points; main 1612 contract settlement price 73.55 cents / pound, down 40 points; 1703 contract settlement price 73.80 cents / pound, down 57 points.
On the 27 day, the main trading contract fell early, and then rebounded briefly, but at 75 cents it suffered pressure and fell again.
Affected by monsoon rainfall, the area of India's Gujarat cotton growing area began to increase this week, which is only 14% behind the same period last year. At the same time, the new flowers of Dezhou are facing picking, and the dry weather brings about the quality of new flowers.
Two, spot
On the 27 day, the CotlookA index was 85.35 cents / pound, up 175 points.
27 day importation
Cotton price
The grid index FCS reported 86.90 cents / pound, up 131 points; FCM reported 84.35 cents / pound, up 117 points; FCL reported 81.29 cents / pound, up 130 points.
This week's drought in Dezhou has attracted market attention.
ICE cotton
The 26 day rise led traders to quote on the 27 day, and buyers' enquiries and pactions were very limited.
Three. Dynamics of countries
On the 27 day, the spot price of India was stable. The price of S-6 ginning factory was 47250 rupees / candi, 89.60 cents / pound, and 4780 J-34 / mod, 86.40 cents / pound.
This week India's import demand for Pakistan cotton is still constant. Type1503 1-3/32 offers 79 cents / pound. Up to now, the new flower signing export of Pakistan 2016/17 has been close to 50 thousand packages (8500 tons), mainly to India.
As cotton prices rose on the 26 day of the ICE period, cotton prices in Pakistan were supported, and the price of the ginning factory was raised.
Current seed cotton day listing discount
lint
20 thousand bags (3400 tons), domestic new flower ginning factory pick up price 6650-6900 rupee / mod, discount 77.50-70.00 cents / pound.
At present, Pakistan's cotton imports are mainly concentrated in the US cotton and green card cotton, and Brazil cotton, low grade Australian cotton and Turkmenistan long staple cotton shipped in 8/9 months have also received some attention.
- Related reading
Hebei Hengshui Reserve Cotton Listing Price Increases, Textile Enterprises, Heavy Hand Attack
|
- Industry perspective | Why Is The Internet So Good And Bad For The Fashion Industry?
- Fashion character | Lining: Athlete Experience Has Benefited So Far
- Mall Express | China Light Textile City: Autumn Polyester Terylene Trading Shock Rise
- Mall Express | Recently, The Traditional Knitted Fabric Of China Textile City Has Been Selling Well In The Autumn.
- Hardware ingredients | Why Does "Glycol" Increase In The Downstream?
- Material chemical industry | Why Is PTA Still Rising?
- Fabric accessories | Spot Quotation Rises, Enquiry Business Is Limited.
- Fashion brand | Luxury Brand Chanel Invest In 4 French Shops Specializing In The Production Of High-End Fabrics.
- Industry Overview | 传统纺织企业进军互联网 业内看好微商前景
- Standard quality | There Are 16 Indicators Of 9 Samples, Such As Snoopy.
- Luxury Brand Chanel Invest In 4 French Shops Specializing In The Production Of High-End Fabrics.
- 传统纺织企业进军互联网 业内看好微商前景
- There Are 16 Indicators Of 9 Samples, Such As Snoopy.
- From Now On, Dahongmen Will Demolish 5 Markets That Have Been Shut Down.
- Wulanchabu Will Undertake The Market Pfer Of Beijing Ya Po Road.
- Hi-Tech! Shoes Can Still Be Monitors.
- Hengda Will Bring A New "Shoemaking Revolution".
- Lin Chiling Responds To The Excellent Appearance Of Edison Chan'S Goddess.
- UA Revenue Continued To Grow, But Profits Plummeted.
- The Utilization Rate Of Shirts Is Super High And Easy To Wear Out Perfect Temperament.