Conventional Market In Textile City: Rebound Of Knitted Fabric Bottom

After the new year's day, polyester filament yarn knitted fabric fashion lace varieties, big round machine, single and double faced fabric and so on, the number of listed goods has increased.

A week ago, with the re entry of Middle East customers, the number of new items increased, and the locality of the old stock prices continued to adjust, especially the revival of the order of foreign trade fabrics, resulting in the whole polyester filament.

The market atmosphere is better than last week, showing a new trend of recovery after the holiday.

This week, regular market knits of various types.

The main ornamental cloth (big round knitting, woolen and plush and plush, including some stage fabric and clothing dual-use mesh, Flower knitted, knitted jacquard, embroidery, burnt out, water melted cloth, compound, flocking cloth), clothing cloth (including non spandex).

Some knitted fabrics such as knitted polyester fabric, elastic fabric, elastic flannelette and so on were the main garments. The total sales volume rebounded less than last week.

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In mid January, domestic seed cotton purchase prices were basically stable, and some areas rose slightly, most of which were 2.70-3.10 yuan / Jin in Xinjiang, and 4.0-5.0 yuan / kg in the mainland.

Seed cotton prices have risen slightly, while spot prices are still weak.

As of 12, the domestic cotton enterprises 3128 lint factory price quoted at 12600-14300 yuan / ton, and 11 was flat, 4128 grade lint factory price quoted at 12300-13000 yuan / ton, individual cotton enterprises lowered the price of 200 yuan / ton.

Market analysis, as of now, there are still three bad factors to suppress the spot market:

First, Zheng cotton futures stagflation fell, as of Friday (9), Zheng cotton main CF1505 contract closed at 13110 yuan / ton, compared with last Wednesday (7 days) fell 150 yuan / ton, weak domestic and foreign futures market oscillation, is not conducive to the spot market.

Two, cotton production exceeded expectations.

According to the national cotton market monitoring system processing professional office data, as of January 9th, Xinjiang cotton processing total more than 4 million 90 thousand tons, the market predicts that Xinjiang cotton production this year will exceed 4 million 200 thousand tons or even 4 million 500 thousand tons.

This is ahead of the previous market's expectation of cotton production in Xinjiang at around 4 million tons.

Coupled with the huge reserve stock of the state treasury, the supply of cotton is abundant, and cotton consumption has not improved significantly this year, and the cotton price has been continued to be suppressed.

The three is near the end of the year, part of the enterprise funds are tight, in order to speed up the return of funds, part of the manufacturers in the sales process to the downstream enterprises profit margins have expanded trend.

The price of yarn has been dropping more recently. Since 2015, the overall price of conventional yarn has dropped by 100-200 yuan / ton, and the number of individual yarn has dropped by 300-400 yuan / ton.

In addition, orders are still dominated by small orders and short orders. Manufacturers are mostly single producers, and the market is rather light. The willingness to buy lint from textile enterprises has gradually declined, and the turnover has shrunk.

However, due to the late introduction of the direct subsidy rules, cotton farmers are reluctant to sell. The cotton enterprises do not have enough processing resources, the overall start-up rate is not high, the output of lint is relatively limited, and some cotton enterprises still hold high cost lint at present.

Generally speaking, in the case of weak demand, it is expected that the spot market of lint will continue to operate in a weak and competitive position before the Spring Festival.