Before The End Of The Year, It Is Not As Good As The Cotton Quotas And Other Cotton Quotas In Previous Years.

Compared to December of previous years, the volume of cotton arrived at the port has dropped dramatically. The cotton that has arrived in Brazil is mainly cotton in the near future. A small amount of cotton and cotton arrives at the end of November. Next week, new cotton will arrive in India next week.

According to industry speculates, in December, the maximum ceiling of cotton imports in China could be 350 thousand tons, with a lower limit of only 250 thousand tons. In the first three years (2011/12, 2012/13 and 2013/14), China imported 79, 53 and 610 thousand tons of cotton in December.

According to traders, the current cotton arrived in Brazil, the United States and cotton.

Or Australian cotton sales are faster, but the premise is no customs clearance.

The quoted price is about four cents for new cotton to India, and 85 cents for cotton grade three, and 72 cents for cotton grade three.

Quite a few

Custom retained a small amount of quotas before the end of the year to purchase Port Bonded new flowers, but because of this year's downturn, the number of foreign cotton purchased by traders decreased, and the cotton available for sale in December was limited. Compared with previous cotton expectations quota, this year's textile enterprises hold many quota for cotton.

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In the afternoon, the PTA internal market remained weak, the offer was at 5000 yuan / ton or slightly within the level, the market was generally buying, the possible negotiation was still around 4950 yuan / ton, the external market was light, the shipment intention was $680 / ton or slightly above the level, and the counter-offer was $670-675 / ton, and the possible talks remained at 675 US dollars / ton.

In the afternoon, the centre of gravity of the MEG market dropped, and the spot offer was 5900 yuan / ton, the purchase price was about 5850 yuan / ton, and the estimated negotiation was 5880 yuan / ton; in January, futures reported 5700 yuan / ton up and down, estimated 5660-5680 yuan / ton; the external market was sluggish, the recent shipping value was about 775 US dollars / ton, and it was negotiated to be in the vicinity of 770 US dollars / ton.

Overnight crude oil slump, polyester market mentality frustrated, polyester short market wait-and-see mainly, Jiangsu and Zhejiang 1.4D direct spinning polyester short market mainstream reported 7950-8000 yuan / ton factory, the paction generally negotiate concessions.

The price of oil has dropped sharply. Today, Fujian's market has been losing its focus. The mainstream of 1.4D direct spinning polyester and short market has been reported for 7950-8000 yuan / ton, and the downstream is cautious.

Shandong and Hebei market continued to weaken, the 1.4 direct spinning polyester short mainstream newspaper 8050-8150 yuan / ton to send, downstream continued to wait and see, few will enter the market, enquiries scarce.

On Wednesday, New York crude futures fell $2.88 in January to close at $60.94 / barrel, while Brent futures fell $2.60 in January, closing at $64.24 / barrel.

In December 10th, Asia's PX rose by 13 US dollars / ton to 870 US dollars / ton FOB Korea and 892 US dollars / ton CFR China.

European PX fell 35 US dollars / ton to US $780 / ton FOB Rotterdam.