Cotton Yarn Is Not "Now Open" Cotton Gradually Warming Up

It is understood that since the beginning of the month ten, Shandong, Jiangsu, Henan, Hebei and other places to spin high count combed yarn, high spun yarn and blended yarn mainly large and medium-sized enterprises have started production, but orders, raw materials, workers to the posts rate and lack of funds and other reasons for the boot rate is generally less than 60%, and Guangdong,

Zhejiang and other places of small and medium sized spinning and weaving factories, weaving factories restart operation is not optimistic, some weaving town is expected to resume after the first fifteen months of the rate can reach more than 50%.

Judging from the quotations from the mills, the price of high count yarn is basically unchanged from that before the Spring Festival, and the willingness of the parties to rise is not strong. On the one hand, the domestic and foreign sales orders are sluggish. According to the usual practice, three or four months is our country.

Weaving,

In the peak season, cotton prices are low and weak in the domestic market. Cotton mills are worried that the price increase will result in the loss of a large number of orders. In the past year, the "opening up" market is hard to find. On the other hand, in mid February, the relevant departments of the state issued the quota of cotton import quotas (894 thousand tons) in 2015 in 1%, while the cotton and about 10000000 tons of cotton reserves in 2014/15 were already "full of cotton".

Cotton prices in Shandong and other places reflect that, in March, the cotton inquiry, goods and procurement in the mainland market were gradually warming up, mainly concentrated in the the Yellow River River Basin, cotton picking and cotton picking. Most of the small and medium-sized cotton mills were still on the sidelines. On the one hand, some textile enterprises were limited by the lack of funds for procurement, and they had to cooperate with the cotton business enterprises. One side was responsible for processing and selling the products. On the other hand, the domestic cotton policy was not clear, especially the recent acquisition and price reduction rumors of the Corps. The textile enterprises were worried that the cotton would not succeed at the bottom of the cotton market, instead of the "half waist" of the cotton price, and the high cost of the yarn and cotton yarn. The purchase was much more cautious than that in January. According to Jiangsu, Anhui,

Although US cotton, India cotton, Brazil cotton and Central Asian cotton were sailing to the Chinese market during the month of 3/4, prices, quotas and quotas in the past year have kept Chinese buyers temporarily silent.

In March 3rd, Xinjiang cotton enterprise supervision warehouse and mainland warehouse lint quotation only increased by 100-200 yuan / ton before the Spring Festival, and Shandong, Henan, Hebei and other places 3128 level quoted 14000-14300 yuan / ton, but the actual pactions are basically close to the offline.

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According to statistics from the US cotton export sales, as of February 19th, the United States signed a net total of 2 million 195 thousand tons of cotton for 2014/2015, including 2 million 144 thousand tons of land cotton, and 987 thousand tons of cotton and 45% of the shipment.

From the current US cotton export contract speed, this year's sales progress is obviously higher than the nearly five years average level, only below 2010 year.

Data show that the first half of this year, the United States completed 96% of the total annual exports of the United States, and the sales pressure is very small in the latter half of the year, which will also support the US cotton.

The good export sales data of US cotton make the focus of international market in the later stage turn to India market.

According to the US Department of agriculture's forecast of supply and demand in February, India's cotton output reached 6 million 641 thousand tons this year, with an expected consumption of only 5 million 225 thousand tons and a surplus of 1 million 416 thousand tons.

However, the import volume of the world's largest cotton importer in this year has been greatly reduced by 1 million 486 thousand tons due to import quotas. Other importing countries have not changed much.

Exporting countries, the largest exporter, has seen a slight increase in US exports. As of now, the sales figures are good and have completed 96% of the sales volume of the whole year.

And this year, the purchase of cotton imports in China focused on good quality cotton, cotton and so on. The market for India cotton has shrunk dramatically, so the restriction of China's import quotas has directly led to the shrinkage of cotton exports in India.

Although the purchase and storage of CCI company in India this year has a short support for India's domestic cotton prices, it is expected that after the completion of the India acquisition period, CCI will focus on the acquisition and storage of the market and turn to store and sell. Therefore, with the increase in the number of dumping and storage of CCI companies and the shrinking of expected exports, the cotton industry in India will face greater sales pressure in the future, thus inhibiting the global cotton price and yarn price, and the price of Chinese cotton yarn will also be suppressed.