Price Reduction For Polyester And Short Manufacturers Is Partly Down.

Overnight oil prices and morning

Futures fell sharply. Today, the quotation of short and short manufacturers has been partially cut down. The mainstream of Jiangsu and Zhejiang 1.4D direct spinning polyester and short market has reported 6200-6300 yuan / ton, and the actual deal is discussed.

Fujian polyester short market quotation is weak, 1.4D direct spinning polyester and short market mainstream report 6200-6250 yuan / ton short delivery, actual business negotiations, manufacturers inventory is low, the market outlook is stable slightly weaker expectations.

Shandong,

Polyester short quotation is weak, 1.4D direct spinning polyester short mainstream newspaper 6250-6350 yuan / ton to deliver, actual business negotiation concessions, at present, polyester short cash flow loss near 100 yuan.

Shengze Market

Price consolidation, less market volume, 32S mainstream offer 10000 yuan / ton up and down, 45s mainstream offer 11100 yuan / ton nearby.

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In November, some domestic textile enterprises replenish raw materials inventory, and at the end of the year, enterprises tightened their quotas. The number of cotton imports in China increased significantly from last month, but it continued to decline compared with the same period last year.

The use of quotas is still mostly 1%, and the proportion is close to 80%. In the trade mode, the regional logistics goods are the most important import mode, accounting for nearly 40%, the proportion of imported processing is second, the proportion of imports is slightly more than 30%, and Australia is the largest in the country of origin, but the proportion has dropped to 30%. The proportion of imported cotton in India has increased significantly, accounting for 24% of the total, and the import customs is mainly Qingdao, Nanjing and Shanghai; the import area is the largest in Shandong and Jiangsu.

According to customs statistics, in November 2015, China imported 84 thousand tons of cotton, an increase of 42 thousand tons compared with October, an increase of 100.6%, a decrease of 8 thousand tons, a decrease of 8.3%, an average import price of 1653 US dollars / ton, a decrease of 37 US dollars compared with October, a decrease of 2.2%, a decrease of 12.4% over the same period last year.

In the first 3 months of 2015, cotton imports totaled 177 thousand and 500 tons, down 40.2% from the same period last year, and 1 million 287 thousand and 100 tons in the first 11 months of 2015, a decrease of 40.9% over the same period last year.

According to the latest statistics from the General Administration of customs, in November 2015, 159 thousand and 500 tons of cotton yarn imported in China decreased by 8.49%, down 2.91% from the same period last year. In 2015 1-11 months, China imported 2 million 158 thousand and 900 tons of cotton yarn, an increase of 19.67% over the same period last year.

Cotton imports continue to show a significant downward trend, easing the pressure of domestic cotton market supply, domestic cotton supply and demand situation is expected to be eased, reducing the pressure on domestic cotton prices, but the increase in imports of cotton yarn also to a certain extent, hedging the cotton imports brought about by the substantial reduction of the impact.