The Number Of Imported Cotton Yarn Gradually Increases, And The Price Trend Is Not Objective.

< p > according to the survey, since the beginning of February, there has been a marked rise in the arrivals of yarn outside Guangdong, Huangpu, Foshan, Shanghai, Zhangjiagang, Qingdao and other ports. India, Pakistan and Vietnam have a relatively large proportion of yarn, with brand C32S, C21S yarn and OE16S and C16S yarn as the main ones.

Some foreign businessmen believe that as of the end of January, the number of bonded foreign yarn in China's main ports is about 4.5-5 million tons. Due to the pressure on ports to concentrate on port in February, once the domestic cotton yarn demand does not show a noticeable rebound, the < a href= "http://www.91se91.com/news/list.aspx Classid=101112107101" > the bonded warehouse pressure /a will suddenly increase, and the bonded amount of external yarn will reach more than 65 thousand tons at the end of February.

In India Gujarat, a spinning enterprise of 80 thousand spindles has recently reached three tons of bonded cotton yarn in Foshan, Shanghai and Zibo, with a quantity of 2500 tons, mainly A+ grade C32S and C21S yarn.

It is also understood that some foreign media and cotton mills have recently heard rumors that the Chinese government will increase import tariffs on cotton yarn in 2014 and reduce the impact of India and Pakistan on China's cotton textile industry. The tariff adjustment range is at 2%-5%. However, domestic cotton and textile enterprises generally indicate that the tariff increase scheme is only in the stage of brewing or proposal, and the possibility of short term introduction or clear news is unlikely.

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2.98-3 US dollars / kg, 3.27-3.30 dollars / kg; the number of cotton yarn quoted in Vietnam and Thailand is low 0.03-0.05 dollars / kg, and cotton mills and exporters continue to wait for a short visit. On the one hand, cotton prices in India have remained strong for nearly a month, and since mid January, they have stabilized at 43000 rupees /candy, which is 88 cents / pound. Because of the news that the India government or resuming export cotton yarn "increased export incentive scheme plan" offset the willingness of the mills to make up for inflation; on the other hand, China's weaving factories, garment factories and importers and middlemen are all on vacation. < p > February 5-10, the CIF quotations of India and Pakistan big enterprises, brand A+C21S and C32 yarn are stable.

Some traders said that although the domestic cotton prices in India and the shipping dates in the far months were less than a href= "http://www.91se91.com/news/list.aspx Classid=101112107108" > cotton price < /a > the expected increase in the short term was strong. But considering that the quantity of outer yarns shipped and arriving in February was relatively large, and the varieties were concentrated in C32S and C21S, once the purchase period of domestic textile and garment enterprises was postponed to the beginning of March, the increase of cotton yarn or offset the cost of Finance and warehousing, so the imported yarn was mainly waiting and looking for the machine, and it was not intended to catch up with the purchase.

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< p > it is learnt that the domestic price of cotton in India is "high fever". The ICE contract in May has returned to more than 88 cents. The number of foreign yarn coming to Hong Kong in February only accounted for the expected 60%-70%, because the price of C32S and C21S printed in December was lower than that in January after being lower than 0.25-0.30 dollars / kg. The India and Pakistan cotton mills and cotton yarn exporters continue to delay shipment and delivery date. Some mills are waiting for the declaration of "export reward system" or orders not to be opened, and cotton and other raw materials procurement difficulties, etc., on the pretext of refusing to deliver the goods according to the contract period. Some India mills directly propose to reformulate the contract price and the number of contracts; while some manufacturers are willing to ship on time, they request to reduce the number of contracts by reducing the number of contracts.

An importer in Nanjing, Jiangsu, said that in late December, the company signed a supply contract of 2000 tons of C32S yarn with an exporter in central India. The shipping date was 3.03 dollars per kilogram before February 20th, but the exporter recently failed to deliver the goods on the pretext of not supplying the cotton mill and asking the contract price to rise by 0.12-0.15 U.S. dollars / kg. The contract execution was more difficult. The exporter proposed to deliver the C32SA grade yarn in another medium-sized India mill, which was originally a A+ grade. The contract price and quantity were not adjusted, but the buyer refused.

Recently, the importer has submitted an arbitration and asked the exporter to claim compensation.

According to some arbitrators in China, since December, the proportion of "a href=" http://www.91se91.com/news/list.aspx "Classid=101112107105" > arbitration dispute > /a > has obviously increased in the import of India cotton and imported yarn.

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< p > 5-10 February, the shipment quotation of imported cotton yarn of C21S and C32S in Shandong, Jiangsu, Zhejiang and Guangdong rose slightly, with a range of 100-200 yuan / ton, but because most of the cloth factories, garment factories and middlemen were on holiday, the quotation was not effectively responded and supported by the downstream enterprises, so it was only in a "virtual inflation" state.

At present, Shandong area C32S, C21S yarn port delivery quote price 22000-22400 yuan / ton, 23600-24200 yuan / ton, and middlemen's purchase price is only 21600-21800 yuan / ton, 23000-23500 yuan / ton (all take the ticket, port gross weight pick up).

For the trend of yarn Market in 2 and March, traders generally think that the trend of domestic cotton yarn needs to be observed. No matter what the a href= "http://www.91se91.com/news/list.aspx? Classid=101112107107" > India Pakistan yarn > /a > US dollar, the price increase will need to be sold in the mainland after customs clearance. Once the increase is less than 300 yuan / ton, the risk faced by the traders in the market will increase.

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