Light Textile City: Steady And Slight Drop Of Cotton Cloth
Over the past week, with the new year's day, new and old varieties of decorative fabrics have springing up. The price and sales promotion continues. There are both guaranteed sales and new profits in the week, and some of them are limited to shipment in a week, and some of them begin to accept new customers from home and abroad. Although the foreign trade is slightly more than last week, but because of the cautious sentiment on domestic sales, marketing is shrinking, so the total sales volume in a week is slightly lower than last week.
This week, all kinds of woven polyester filament and knitted window dressing fabric (curtain cloth, window curtain, curtain gauze), sand release (including woven yarn dyed fabric, woven yarn dyed velvet), cushion cushion (island fiber suede) cloth, etc., the total sales volume decreased slightly compared with last week, a substantial increase over the same period last week.
For a week, though new year's day has passed, All cotton cloth Supply and demand stalemate, still few actions. A week cotton cloth listed on the spot is limited to some parts, the input order appears to be fragmented, most of the varieties lack of turnover in the week, and there are many marketable home textile bed sheets, quilt cover cloth, casual clothes, cloth and so on, but there are still many sales outlets, but more scattered discontinuous turnover is the main reason. Sales volume Compared to last week, there is still a slight drop.
This week, the regular market c/c Clothing cloth The total sales volume of woven and knitted cotton fabrics (including all cotton grey fabrics, cotton yarn dyed fabrics, whole cotton mesh gauze, and some of the best price cotton and ramie cloth), which are mainly woven with cotton and other cotton yarns, are smaller than those of last week, but they are still rising sharply over the same period last year.
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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.
- Related reading
Cotton Farmers Reluctant To Sell Psychological Heavy Seed Cotton Acquisition Difficult To Start
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