Views: 0 Author: Site Editor Publish Time: 2024-06-12 Origin: Site
Recently, cotton raw materials, both internal and external cotton raw materials have risen, spot prices fluctuate with futures, and the basis is stronger. In the short term, the rebound of American cotton constitutes support for Zheng cotton price, but the driving force of Zheng cotton price rise is still not obvious. At present, the price of raw materials in the market does not fluctuate much, and the price of all cotton yarn is reduced by a large margin, mainly in blended yarn, and it is expected that the price of blended yarn has room to rise.
1. Zheng cotton first rose and then fell
Last week, Zheng cotton futures rose first and then fell, and the domestic cotton spot price remained stable overall under the support of on-demand procurement by textile enterprises, but the sales price of finished products of textile enterprises was slightly increased.
2.international cotton prices fell sharply
Last week, the international cotton market also showed a trend of first rising and then falling, and the new cotton sowing situation provided support for the global cotton production increase expectation. In the context of global new cotton production expectations and the collective weakening of peripheral commodity markets, international cotton prices fell sharply after rising in the first half of the week.
3. Polyester staple fiber falls first and then rises
Recently, the mainstream market price of domestic polyester staple fiber showed a trend of first falling and then rising, and textile enterprises continued to accumulate, reducing production has increased, and the demand for polyester staple fiber has weakened. Under the looser supply and demand structure, the price of polyester staple fiber may fall.
4.the price of viscose staple fiber is stable and slightly increased
Last week, the viscose staple fiber market remained stable, the raw material cost has a strong supporting role, and the viscose staple fiber market may continue to be stable in the short term.
5.cotton yarn futures fell sharply, and the phenomenon of textile enterprises to reduce prices to the warehouse increased
Last week, cotton yarn futures prices fell sharply, cotton yarn spot prices continued to decline slightly.
6. Future market outlook
In terms of the domestic market, despite the recent hail rain weather in Xinjiang, the overall impact on the cotton producing areas in Xinjiang is currently limited, and the new annual harvest is expected to be strong.
In terms of the export market, some enterprises have caught up with the export of orders, resulting in the recent surge in sea freight costs, and the pressure on export enterprises has increased.
Some raw materials, chemical fiber, yarn, grey cloth prices
Chemical fiber | |||
Name | Price | Unit | Increase |
Polyester staple fiber | 7365 | RMB/Ton | 0% |
Viscose staple fiber | 13050 | RMB/Ton | 0% |
Acrylic staple fiber | 14100 | RMB/Ton | 0% |
Polyester POY | 7625 | RMB/Ton | 0.33% |
Nylon FDY | 18350 | RMB/Ton | 0.27% |
40D spandex | 28000 | RMB/Ton | 0% |
Nylon DTY | 19600 | RMB/Ton | 0.26% |
Recycled PET | 5650 | RMB/Ton | 0% |
Polyester FDY | 8800 | RMB/Ton | 0% |
Polyamide POY | 17250 | RMB/Ton | 0% |
Acrylic top 3D | 15450 | RMB/Ton | 0% |
Viscose filament | 44500 | RMB/Ton | 0% |
Lilon DTY | 9050 | RMB/Ton | 0% |
Yarn | |||
Name | Price | Unit | Increase |
Air spun 10S cotton yarn | 16450 | RMB/Ton | 0% |
General comb 32S cotton yarn | 22730 | RMB/Ton | -0.22% |
Combed 40S cotton yarn | 26080 | RMB/Ton | -0.08% |
30S spun rayon yarn | 17050 | RMB/Ton | 0% |
32S pure polyester yarn | 11750 | RMB/Ton | 0.43% |
45S terylene cotton yarn | 17500 | RMB/Ton | 0% |
45S pure polyester yarn | 12900 | RMB/Ton | 0% |
Terylene cotton 65/35 32S | 16300 | RMB/Ton | 0% |
40S spun cotton | 18500 | RMB/Ton | 0% |
Polyester viscose yarn 65/35 32S | 14000 | RMB/Ton | 0% |
Greige cloth | |||
Name | Price | Unit | Increase |
10s of indigo denim | 9.6 | RMB/Ton | 0% |
32s cotton twill | 5.1 | RMB/Ton | 0% |
40s cotton combed poplin | 7.7 | RMB/Ton | 0% |
30s rayon plain cloth | 3.7 | RMB/Ton | 0% |
45s terylene poplin | 4.33 | RMB/Ton | 0% |
List of sea freight prices
Affected by factors such as recovering demand, the Red Sea crisis and global port congestion, global shipping prices still maintained an upward trend in June. Recently, major shipping companies have intensively issued new season surcharges and price increases, which has conveyed the nervous mood of the shipping market.
Cma CGM announces:
From June 7, the high season surcharge will be imposed from Asia to West Africa; From July 1, the peak season surcharge will be imposed from Asia to the United States; High season surcharge from Asia to Puerto Rico and U.S. Virgin Islands on July 3. Maersk announced: June 17 from the far East Asia to India, Pakistan, Sri Lanka and Maldives peak season surcharge; A peak season surcharge will be imposed on dry and refrigerated containers from South China ports to Bangladesh from June 15. From June 15, the high season surcharge will be increased from far East Asia to the Middle East and South Asia. High season surcharges will be imposed on A2S and N2S trade routes from China to Australia, Papua New Guinea and Solomon Islands from June 12.
Cosco Shipping announced:
From June 15 to June 30, the FAK rate from the Far East to North America will be increased:
Hapag-lloyd announced:
Increased PSS(peak season surcharge) from the Far East (including Oceania) to Northern Europe and the Mediterranean from 15 June.
Cma CGM levied the US line, West Africa PSS:
On June 3, CMA CGM announced on its official website that starting from July 1, 2024 (the loading date), the peak season surcharge PSS will be imposed on all types of containers from Asia including China, Taiwan, Hong Kong and Macao Special Administrative Region of China, Southeast Asia, South Korea and Japan to the United States until further notice.
Maersk announces peak season surcharges on several routes:
Maersk has announced a peak season surcharge (PSS) for dry cargo containers and reefer containers departing from South China ports to Bangladesh from June 15, 2024, at $700 for 20-foot dry box reefers and $1,400 for 40-foot dry and reefers and 45-foot HQS. The details are as follows: On June 4, Maersk announced that it will adjust the Peak season surcharge (PSS) for all types of containers from Far East Asia to India, Pakistan, Sri Lanka and Maldives from June 17, 2024. The specific charges are as follows:
Maersk announced a peak season surcharge on A2S and N2S trade routes from China to Australia, Papua New Guinea and Solomon Islands from June 12. The specific charges are as follows: Maersk announced that it will increase the peak season surcharge (PSS) for Brunei, China, Hong Kong, Vietnam, Indonesia, Japan, Cambodia, South Korea, Laos, Myanmar, Malaysia, Philippines Singapore, Thailand, Timor-Leste to United Arab Emirates, Bahrain, Iraq, Jordan, Kuwait, Oman, Qatar, Saudi Arabia, effective June 15, 2024 ); Increase Peak Season surcharge (PSS) for all 40-foot containers from Taiwan to United Arab Emirates, Bahrain, Iraq, Jordan, Kuwait, Oman, Qatar and Saudi Arabia effective June 28, 2024
Cosco Shipping announced an increase in FAK rates from the Far East to North America:
Recently, COSCO Shipping announced that from June 15 to June 30, it will increase the FAK rate from the Far East to North America, up to 9,200 US dollars.
Hapag-lloyd increases the PSS from the Far East (including Oceania) to Northern Europe and the Mediterranean:
Hapag-lloyd has announced an increase in the PSS(peak season surcharge) from the Far East (including Oceania) to Northern Europe and the Mediterranean from June 15 to $1,000 per TEU. Valid until further notice.
