Continuation Of Off-Season Quotes Continued Production Of Pure Cotton Yarn

As of August 12th, the demand for stocking of downstream factories has not yet been started, and the domestic cotton yarn market is still slack. The price of some varieties still has a downward trend. It is understood that some parts of the southern part of the country are affected by the high temperature weather, and there is a holiday phenomenon in the cloth factories. The demand for autumn clothing is about to start, and some orders will increase, but it will take time for the market to improve as a whole.

In August 12th, the price of Hebei air spinning OE21S (upper jet) was 18500-19000 yuan / ton. The price of Henan pure combed cotton blended yarn was 25000 yuan / ton, and the combed ring JC60S (fine hair) of Jiangsu Nantong area was quoted at 34000-34500 yuan / ton in August 12th.

The price of imported yarn is not obvious, and the transaction remains low. Current domestic textile Demand is weak, and imported yarn is mostly driven by fixed contracts from old customers. According to traders, at present, the price of imported yarn and carding is 21 yuan, 22500-22800 yuan / ton, and the difference between inside and outside cotton yarn is 1100 yuan / ton.

at present Trade Imported yarn is mainly imported from combed and air spinning cotton yarn, and cotton yarn from Vietnam is increasing. It is expected to become the third largest imported yarn after India and Pakistan. Market participants estimate that several of our country Cotton yarn The total import yarn Library of the main port is between 7.0-7.5 million tons, basically unchanged from last week.

At present, the authenticity of Cotton Subsidy Policy is still not fully manifested. The domestic cotton textile industry is more and more confused in the future, and more enterprises continue to limit production quotes to avoid the risk of price fluctuations in the future market. The financing situation of cotton spinning enterprises is still tense, affected by their influence, the operating rate is forced to decline, and the downstream orders of cotton yarns are dispersed, which brings a pessimistic atmosphere to the industry.

The peak of autumn garment production will arrive unexpectedly. The cotton textile industry will start to pick up, but the operating rate will rise to more than 70% from the current 55% or more. It will take more than 2 weeks. The imported cotton prices are in a low position, and the users of pure cotton products will be able to cash in on the good results.