Overnight crude oil rose, the early polyester and short manufacturers offer more stable, Jiangsu and Zhejiang 1.4D direct spinning polyester and short market mainstream reported 6800-6850 yuan / ton factory.

With the recovery of the overall atmosphere of polyester market, the replenishment of short and short market has increased, and manufacturers have cancelled more concessions or quoted prices have gone up slightly.

Shandong,

The market is short, the price is low, the supply of goods at a low price is reduced, and the merchants' willingness to lower the goods will be weakened. The 1.4 direct spinning polyester and short mainstream newspaper is sent to 6900-7000 yuan / ton, the inquiry atmosphere is better, but the price of 6950 yuan / ton is not easy.

The surge in oil prices has boosted the market in Fujian.

Positive, manufacturers generally quoted prices rose slightly, 1.4D direct spinning polyester short market mainstream newspaper 6900-6950 yuan / ton short delivery.

The Shengze market pure polyester yarn turnover slightly improved, 32S mainstream newspaper 11200 yuan / ton up and down, 45S mainstream reported 12200 yuan / ton near.

The surge in oil prices has led to the fact that the volume of short and short market is rising. The short market is expected to maintain stability in the short term, and the possibility of a small rise will not be ruled out.

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The target price policy of domestic cotton market was formally implemented in 2014/2015, and the principle of marketization was adopted in the acquisition of new cotton.

Judging from the acquisition of seed cotton this year, the acquisition began in mid September last year. By the end of December, the average purchase price of seed cotton in the whole country was roughly 2.88-3.51 yuan / Jin, and mainly concentrated below 3 yuan / Jin, and the price of cotton seed converted to grade 328 was 12520-12950 yuan / ton.

This year's overall purchase price is significantly lower than last year, the lowest point in nearly 5 years.

Policy factors support the formation of cotton prices.

Although the domestic cotton market is facing various pressures and difficulties, the information disclosed from the policy aspect is positive and positive.

That is to say, from the attitude of management, it is not expected that cotton prices will continue to fall too much.

First of all, the new year will strictly control the import policy, which will alleviate the pressure of market supply. Under the influence of this policy, the market predicts that domestic cotton imports will fall to around 1 million 500 thousand tons in 2014/2015, basically making up the gap between domestic supply and demand.

Secondly, at the beginning of 2015, the domestic export tax rebate rate was increased.

This policy will enhance the boom of the textile market and support its upstream cotton consumption.

In addition, the suspension of the reserve policy also has a supportive effect on cotton prices.

Since the domestic cotton stocks of 3/4 are state reserve stocks, as long as the state stores stop auctioning reserve cotton, they will not have a big impact on the market.

In the normal annual supply and demand, there is still a certain gap in the domestic cotton market.

Therefore, the time and mode of the late national reserve will greatly affect the market.

Overall, the current domestic cotton prices are still in the process of bottoming out, and under the influence of relevant policies, the downlink space is not large.

But before the appearance of the bottoms, there will be no blind bottom hunting. The occurrence of the price shifting from the bear to the bull will come from the real pformation of the supply and demand side.