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    The Price Of Cotton Yarn In The Domestic Market Keeps Falling, Which Is Expected To Recover Next Year

    2015/5/4 10:03:00 285

    CottonPriceClothingXinjiang

    According to the data, from January to March this year, China's textiles were priced in US dollars Clothing export The total amount was US $59.78 billion, up 2.9%. Among them, textile exports reached 23.99 billion US dollars, up 4.2%; Clothing exports reached 35.79 billion US dollars, up 2%. In RMB terms, the cumulative export of textiles and clothing was 366.13 billion yuan, up 3.1%. The textile export was 146.93 billion yuan, up 4.4%; Garment exports reached 219.2 billion yuan, up 2.2%.

    It is worth noting that in March this year, China's textile and clothing exports showed a downward trend. Measured in US dollars, exports in that month were US $12.57 billion, down 32.6% year on year. Among them, clothing exports reached 6.69 billion US dollars, down 35.4%. In RMB terms, the monthly export of textiles and clothing in March was 77.07 billion yuan, down 32.3%. Among them, clothing exports reached 41.03 billion yuan, down 35.1%.

    Recently, Xinjiang Production and Construction Corps lowered the sales price of machine picked cotton by 300~500 yuan/ton, the CIF price of port cotton and the RMB price of customs clearance fluctuated slightly downward, and the contract of Zheng Mian futures in recent months also declined. Due to the decline in the proportion of cotton mills and operators directly purchasing Xinjiang cotton from mainland warehouses, the quotation of hand picked cotton transferred to the mainland is no longer firm. The 2128 level quotation has dropped from 14200 to 14300 yuan/ton to 14000 to 14100 yuan/ton, and the 2128 hand picked cotton from Kashgar, Maigaiti, Bachu and other places in southern Xinjiang has dropped to below 14000 yuan/ton.

    The reporter learned that cotton enterprises are in a strong wait-and-see mood for the reduction of cotton prices. At present, cotton textile enterprises are under great pressure of cash flow, and some small and medium-sized textile enterprises in Shandong, Henan, Hebei, Jiangsu and Zhejiang provinces are facing difficulties in salary payment, and raw material procurement is intermittent. At the same time, for a period of time, imported yarn continued to impact the domestic cotton yarn market, and the cotton yarn price "fell continuously". Cotton textile enterprises generally expressed concern about downstream market demand and export orders.

    According to the port traders, at present, the price of 21 imported ordinary comb ring spinning yarns is 18000~19000 yuan/ton, 1100 yuan/ton lower than the price of domestic yarns. Imported The yarn is mainly produced in India, Uzbekistan, Indonesia and other countries. The products are mainly concentrated in Shanghai, Zhejiang and Shandong ports. The varieties are mainly 21~32 ordinary combed yarns quoted between 18000~21500 yuan/ton, and a small number of 16~21 rotor spun, 32 combed and 21 cotton yarns.

    Recently, the National Development and Reform Commission issued the cotton The target price is 19100 yuan/ton, 700 yuan/ton lower than last year. The insiders believe that the reduction of the target price will not have too much impact on the cotton planting area. The subsidy of 700 yuan/ton is actually converted into less than 0.4 yuan per kilogram of seed cotton, so in terms of the impact on the planting area, the cotton farmers who planted this type of cotton will still plant it, and the decline in the planting area is more due to the overall decline in cotton planting income last year, resulting in low comparative benefits.

    At the same time, the reduction of the target price has a certain impact on the cotton price in the new year. Some analysts said that from this year's point of view, most ginning plants lost money, mainly because they could not sell lint at a high price while scrambling to harvest seed cotton at a high price. According to the cost of about 14500 yuan/ton purchased in the early stage, plus the interest and storage fees in the later stage, the loss per ton was close to 1000 yuan. This may lead cotton enterprises to be more cautious in opening the scale for purchase in the next year, and there is a greater possibility of lower price purchase at the initial stage.

    For cotton farmers, because the comprehensive price brought by the feedback of actual subsidies and selling price in most regions this year failed to reach 19800 yuan/ton, cotton farmers may choose to protect their own interests when the target price is lower this year, which will form a certain support for cotton prices, Under the target price of cotton price to be lowered again in the new year, it is likely that there will be a gradual upward trend after low opening and shock.

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