Weekly Review Of Changxin Textile Market (6-12 January)

Judging from the trend of varieties, polyester FDY75D large glossy silk is still in demand in the market, but the price is low. At present, the price of silk has dropped to 8000 yuan /T, and five Satin used for weaving.

The light grade can be slightly lower.

The price trend of DTY varieties also declined, for example, the central price of DTY100D/36F light network is currently around 11000 yuan /T, down 400 yuan from /T last week.

The DTY75D/72F network wire can be traded within this week. The reason is that it interweaves with 75D/144F or DTY100D/144F to produce full spring Asian textile printing mill.

The finished fabric has wide uses and large sales volume.

Increased volume, while pulling DTY75D/144F, 100D/144F sales.

On the contrary, the production of polyester, Taffa, spring and Asian fabrics and other plain grain is not good, and has affected the FDY63D class sales. At present, the market price has dropped to around 8100 yuan /T, and the lowest price of 8000 yuan /T has appeared.

At present, due to the impact of the upstream raw material prices, the volume of downstream fabric pactions is decreasing, weaving enterprises are watching and watching, and it seems that polyester market will continue to decline.

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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.

In addition, the large reserves of national storage and cotton supply were abundant, while cotton consumption was not significantly improved in this year, and cotton prices 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.