Pu Courtyard Market: Wool Yarn Volume Enlargement
This week (October 14-20), the market volume of sweaters in the Pu Yuan market has been enlarged. At the same time, it also increased the volume of wool yarn market volume, and the market price trend of wool yarn showed a trend of shock adjustment. Polyester colored yarn prices have declined, market trading volume is still affordable, reasons for price reduction, mainly affected by the upstream polyester staple fiber raw material decline.
Judging from the trend of market varieties, the whole Australian wool yarn and Australian yarn trading are more focused on high count yarn, for example, 42 Australian Australian wool yarn and 52 all Australian wool nitrile free yarn 30/70. The market is very smooth. It is understood that the products are especially suitable for making woolen sweaters. Compared with last week, the volume of national worsted yarn has generally increased, of which 42 markets are particularly smooth, and prices are basically flat compared with last week.
The total volume of nitrile yarn is small in this week, and the price trend is temporarily stable. The sales volume of cashmere and imitation rabbit hair is increasing this week, especially in the 36s/2 market. Supply quantity Slightly tight, but the price trend is stable. Polyester colored yarn has increased in volume this week, but it is down by the upstream staple price.
Rabbit wool yarn Sales in the market have increased slightly, mainly Trading volume Still concentrated in 80/20 rabbit wool yarn, and price trend remained stable. A recent wool nylon colored yarn 16Nm/1 wool 80/ nylon 20 downstream fabric production is very interested, it is mainly used for winter jacket sweater.
From the downstream production needs, the woolen sweater of the downstream knitting flat knitting machine has been booming for a long time, and there will be a moderate enlargement trend in volume. It is estimated that the overall price of Pu Yuan wool yarn market is also showing the trend of market fluctuation.
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The US Department of Agriculture released the monthly forecast of cotton supply and demand. Compared with last month's forecast, the report lowered the US cotton output, ending inventory and price in 2014/2015. Cotton production in the United States has been cut by 60 thousand tons, to 3 million 540 thousand tons. Affected by the weather in the US cotton region, the report has revised down the yield of cotton in the United States for two consecutive months, but it is a fact that compared with the 2 million 810 thousand cotton production in 2013.
In addition, India has surpassed China as the largest cotton producer this year. It is estimated that cotton production in India will be 6 million 750 thousand tons this year. Affected by China's policy, cotton prices of the two leading cotton exporters in the world have been falling. Among them, due to the reduction in export volume to China in recent years and the quality of cotton in India, India cotton has more pressure.
According to local media in India, it will buy about 850 thousand - 1 million 190 thousand tons of cotton wool, and the lowest purchase price of cotton in India will be reduced to 67 cents / pound. In general, the purchase and sale of the cotton will not affect the supply of the whole year, but the supply will be affected.
To sum up, at present, the new cotton market is in a tense situation, which makes the market worry about the number of warehouse receipt registration. Although there is a policy of purchasing and storage in the peripheral market, we should rationally consider the impact on the market. It is suggested that Zheng cotton should be the main source of high interest.
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