Cotton Yarn Market: Usher In A New Round Of Price Cuts, There Is Still Room For Downward Trend.
The near future, domestic The pure cotton yarn market ushered in a new round of price cuts, of which the price of pure cotton yarn of general combed regular varieties was more obvious, with a drop of 300-500 yuan / ton, and the flow spinning pure cotton yarn slightly declined. In addition, as the weather gets cooler, the demand for autumn and winter fabrics continues to pick up, and the market demand increases slightly, supporting the low spin spinning. The local price of the high count yarn is improving, and the price is still not obvious. The reason is that the price of the previous price has dropped more and the price advantage has been slightly obvious. Two, after a period of time, the enterprise has gone to capacity, and the supply of high count yarn has shrunk. In terms of raw materials, domestic cotton prices continue to decline, profits from textile enterprises have gradually shifted from negative to positive, and the profit margins of individual varieties are higher, attracting some early stoppage enterprises to start work again, but there is still some resistance in the specific implementation process. As of 12, a lot of Jiangsu and Zhejiang and Hebei Lu enterprises have gone to Xinjiang to purchase Xinjiang, but they are still mainly buying and selling. They strictly control their inventory and take a downward view of the cotton prices in the future.
Eleven Since then, the price of domestic pure cotton yarn has shifted significantly, and the sales of imported yarn have been affected. In the Jiangsu and Zhejiang provinces, the price of the 21 markets of the combed ring spinning is 20400-21000 yuan / ton, and the weekly ring ratio is 500-700 yuan / ton. Although the domestic market of combs is concerned about the low level, but the same period also has a decrease of 300 yuan / ton. The difference between domestic and foreign cotton yarn is 2000 yuan / ton at the same time, which is 1000 yuan / ton lower than that in the 6-7 months of 21. The market is expected to come into operation with the new cotton in the late stage. The first round of domestic 21 yarn cost will be reduced by 300-500 yuan / ton, because the price of imported yarn has dropped considerably, and the order volume of traders has been compressed. It is estimated that at present, the outer yarn inventory of the port is about 75 thousand tons, which is slightly lower than before the national day.
Xinjiang cotton Inland Cotton prices gradually stabilized, of which Xinjiang cotton self raised price in 14700-15000 yuan / ton, the mainland pre-sale of 15400-15600 yuan / ton, the the Yellow River River Basin real estate cotton price 14300-14800 yuan / ton, the price trend is stable. Because of the demand for replenishment, textile enterprises are expected to start building up after mid October, which will effectively prevent cotton yarn from continuing to fall. In addition, the import quota is relatively tight this year, and there will be structural shortages in high quality cotton, and the cost of high count yarn will be reduced or limited, limiting its decline.
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