Yarn Is Still In The Down Channel To Tighten Up To Reduce Inventory Pressure.
Recent approach Shandong Hebei, Tianjin and other textile enterprises, it is difficult to see the busy season for textile enterprises to replenishment and overtime production. The owner of a cotton mill in Tianjin said that the finished product inventory of textile enterprises was at a high level for 25-30 days. In particular, as the price of yarn continues to decline, the larger the inventory, the greater the future loss.
"We intend to continue. Yarn price Down 300-500 yuan / ton to attract orders. The boss said, for pure cotton yarn, the price center of gravity continues to move downward is irresistible, the more active the enterprise, the smaller the pressure on the future, otherwise, it may be large. loss 。
Speaking of October quotations and future operations, the boss said that the drop of cotton yarn in October was more than 500 yuan / ton, or even reached 1000 yuan / ton, which was related to the downward trend of domestic cotton prices and the difference of cotton prices between inside and outside. For textile enterprises, one should take the initiative to reduce the price of finished products and reduce the price difference between internal and external yarns. Two, we should adhere to raw materials and buy with them, reduce the risk from raw materials. Three, we should enhance the competitiveness of products, develop high-end products and take the road of differential competition.
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During the national day, the price of domestic cotton yarn has declined to a certain extent. On the 9 day, the 10S, 21S and 32S quotas of Shandong, Hebei and other land air spins were 15800 yuan / ton, 17700 yuan / ton, 24700 yuan / ton line, respectively, all down 100-200 yuan / ton compared with September 30th. Combing ring 32S and 40S prices were 27500 yuan / ton, 29000 yuan / ton line, down 100-300 yuan / ton, individual manufacturers cut 500 yuan / ton.
The cut rate of high count yarn is relatively large, and the price of the combed ring 60S of a spinning enterprise in Binzhou, Shandong is 33700 yuan / ton, down 800 yuan / ton, and the tight (long hair) combed 80S price is 57500 yuan / ton, down 1000 yuan / ton.
Cotton prices such a decline, mainly due to three reasons: first, the upstream raw material prices "stumbling", spinning costs continue to decline, the cotton mill to sell prices for sales; two, the downstream market is still weak, yarn sales are not good, orders are mainly short and small, three is the impact of external yarn, since mid September, import yarn prices accelerated, and the price difference between cotton and cotton increased significantly.
On the 9 day, port traders responded that the market was mainly purchased from India and Pakistan yarn and Vietnamese yarn, and the majority of them were 16-40 medium and coarse yarn. The heat of combed import yarn decreased rapidly, indicating that the impact of imported yarn was mainly concentrated in the field of low and medium yarn.
"We still do not dare to make a lot of replenishment. Zhao general, head of a cotton mill in Hebei, said that these days, some of the owners of the cotton mill went to Xinjiang to find cotton, and saw that Xinjiang was also unstable, and the market procurement was very cautious. It is expected that this situation will not improve until November.
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