On December 4, following the additional tariffs on Brazil and Argentina, the Trump administration proposes to impose tariffs on US $ 2.4 billion in French imports, including French cheese, lipstick, handbags and sparkling wine, in retaliation for France's Taxes from US tech giants including Google, Amazon and Facebook. The Office of the United States Trade Representative (USTR: The U.S. Trade Representative) said a survey found that France's new digital services tax discriminates against U.S. companies.
Quotes
1.The price of Zheng cotton dropped slightly
As of 24 o'clock on December 3, 2019, a total of 911 cotton processing companies throughout the country for the 2019 cotton year processed cotton and conducted notarized inspections in accordance with the requirements of the reform plan for the cotton quality inspection system. A total of 790 companies in Xinjiang inspected 13456483 bales and 3.038774 million tons; 121 companies in the Mainland inspected 318,319 bales and 71,513 tons.
On December 3, the spot price of cotton was firm. The average domestic spot price of 3128B was 13092 yuan / ton, which was 5 yuan / ton lower than the previous day. / Ton, down 90 yuan / ton from the previous day.
2. On December 3rd, the reserve cotton transaction was 4,560 tons, with a transaction rate of 65.14%. On December 3, Xinjiang cotton wheels entered the market with a volume of 7,000 tons. The actual transaction was 4,560 tons, with a transaction rate of 65.14%, an increase of 36.57 percentage points from the previous day. The highest transaction price was 13,319 yuan / ton, the same as the previous day; the lowest transaction price was 12,879 yuan / ton, down 30 yuan / ton from the previous day; the average transaction price was 13,232 yuan / ton, down 27 yuan / ton from the previous day. Among them, 200 tons were sold in Xinjiang treasury and 4,360 tons were sold in inland treasury.
3. The price of cotton yarns is gradually loosening
Recently, the cotton yarn market has maintained a slight downturn trend, and the prices of cotton yarns in textile companies have gradually loosened, including conventional carded varieties with relatively good shipments; high-count yarns still have substantial losses, and prices are relatively firm. Master, keep low inventory running. Recently, the jet-quality C40S from Shandong has a ticket arrival price of 21,000-21400 yuan / ton; the Shandong-made compact spinning JC32S has a lower ticket arrival of 23,000 yuan / ton; the Shandong-made compact spinning JC80S Australian cotton spinning strong 133 has a ticket arrival of 35,000 yuan /Ton.
4.The price of cotton yarn continues to fall
Recently, the price focus of some viscose staple fiber companies has dropped, but the future purchase intention is still the same. The industry is concerned about the subsequent bidding of some high-end gimmicks, but a bearish mentality has formed. At present, the cotton yarn manufacturers are actively and flexibly selling. Xiao Shao's ring spinning 30S price is 14600-14700 yuan / ton, the actual order can be negotiated.
5. Pure polyester yarn continues to oscillate in a narrow range
At present, the downstream and terminal factories of the polyester market are still more wait-and-see attitudes, and in the later period, under the expected empty demand, pure polyester yarns have a certain accumulation of storage expectations. The inner pure polyester yarn will continue the trend of narrow oscillation. Recently, the price of pure polyester yarn in Shengze area continued to be weak, with T32S mainstream at around 11100-11200 yuan / ton and T50S mainstream at around 12880-12980 yuan / ton.
