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Bangladesh'S Clothing Export Revenue In June Was $2.2 Billion, Down 6.63% Year On Year

2020/7/28 11:38:00 0

Raw Material Market

domestic

1.3128b cotton 12258 fell 41; 1.5D viscose staple fiber 8100 fell 200; 1.4d polyester staple fiber 5300 flat; pure cotton yarn c32s 18550 flat; rayon yarn r30s 12000 flat; pure polyester yarn t32s 9500 flat.

2. The cotton spot market maintains the adjustment trend, and the trading atmosphere is relatively light. The basis quotation of 3128 grade cotton machine picking in Jiangsu is 500-700 yuan / ton, which is about 12450-12650 yuan / ton. The actual order can be discussed.

3. The market of viscose staple fiber continues to be weak. Large chemical fiber factories sign orders at low prices, followed by some middle end factories. However, some chemical fiber factories are still difficult to adapt to the new price changes, and downstream users sign orders mainly on high-end viscose staple fibers. At present, the price of middle end viscose staple fiber is 8200-8400 yuan / ton, and that of high-end viscose staple fiber is 8400-8500 yuan / ton.

4. Zheng Mian's 2009 contract increased and decreased, and the futures price continued to decline, closing at 11935, - 0.91% compared with the previous trading day; the highest trading volume was 11995, and the lowest was 11890; the trading volume was 284529, and the position was 294961, + 6627; the price difference between Cf9 and January was 575, - 5. Cy2009 closed 19015, - 0.29% higher than the previous trading day; the highest trading volume was 19070 and the lowest was 18760; the trading volume was 7339, with positions of 8031, - 171.

         

5. PTA futures are weak today, and the prices of polyester factories in Zhejiang market are rising steadily, and some of the preferential policies have been narrowed. The purchase of textile enterprises is just high, and there is no need to buy more goods in the downstream market. It is expected that the center of gravity of polyester will be mild in the short term. At present, the main quotation of POY 100D / 36F is 5150-5300 yuan / ton, that of FDY 75D / 36F is 5900-6000 yuan / ton, and that of DTY 75D / 36F is 7850-8050 yuan / ton.

       

6. The total volume of passenger reduction in China's light and textile city was 6.58 million meters, including 4.68 million meters of filament cloth and 1.9 million meters of staple fiber cloth, including 360000 meters of cotton cloth, 230000 meters of TC cloth, 180000 meters of TR cloth, 630000 meters of r-man cotton cloth, and 500000 meters of other fabrics.

international

1. On July 24, ice cotton market closed down sharply. The settlement price of the main contract in December was 60.10 cents, down 182 points; the settlement price of March contract was 60.82 cents, down 181 points; the settlement price of may contract was 61.54 cents, down 170 points. Other contracts fell 144-172 points.

2. Indian cotton spot price remained stable on Friday, with S-6 ginning plant's pick-up price of 32900 rupees / Kandi, 56.15 cents / pound; Punjab j-34, at 3560 rupees / maunde, at 57.85 cents / pound. The market volume of seed cotton on that day was 2839 tons of lint cotton, including 1870 tons in Gubang and 680 tons in MaBang.

         

3. According to the latest data of Bangladesh Export Promotion Bureau, in June 2020, Bangladesh's garment export revenue totaled US $2.240 billion, a year-on-year decrease of 6.63%. This is also the month on month decline for three consecutive months since the sharp drop of 85% in April this year. Total exports for the current fiscal year (starting from July 2019) were $27.949 billion, down 18.12% year-on-year. Among them, the export of woven clothing was 14.041 billion US dollars, a year-on-year decrease of 18.58%, and the export of knitted clothing was 13.908 billion US dollars, with a year-on-year decrease of 17.65%.

4. Today, the trading volume in the inner market of imported cotton yarn is light, and the price is mainly stable. Traders are still in a passive state of increasing inventory, and the market pressure continues. We heard from time to time that orders have improved in the downstream area, but the overall cloth factory is still not running well, and some parts even continue to go bad, so it still takes time for the demand to recover. However, due to the short-term impact on the transport market in Xinjiang, if there is a long-term impact on the transport market of Xinjiang, it will not be affected by the short-term supply of vehicles in Xinjiang.

5. The price of imported cotton fell sharply today. The price of Indian cotton shankar-6 1-5 / 32 for shipment in August / September was 62.5 US cents / pound, down 2 cents; the quotation of 13207 tons under discount and sliding standard tax fell by 175 yuan; under 1% quota tariff, the price of port self raised price dropped by RMB 10951 / T, decreased by 344 yuan. In August / September, the quotation of emot sm of American cotton was 70.75 cents / pound, down 1.75 cents; under the discount standard tax, it was 13960 yuan / ton, down 180 yuan; under 1% quota tariff, the port self submitted price was 12370 yuan / ton, down 301 yuan. In September / November, Brazil SM offered 66.25 US cents / pound, down 2 cents, 13537 yuan / ton, 182 yuan / ton; under 1% quota tariff, port self raised price was 11596 yuan / ton, down 344 yuan.

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