China'S Cotton Throwing Storage Has No Great Impact On Imported Yarn.

In response to the Chinese government's formal announcement of 1 million tonnes of national cotton reserves in July, the Southeast Asian yarn and domestic cotton yarn traders in India, Pakistan and Vietnam showed a relatively calm performance. They believed that the impact on the import and export yarn Market in terms of quantity and price would not be much or even ignored.

A large cotton yarn export company in India believes that China will not have an impact on the market at the current market price, but if the price is substantially lower than the current market price and does not depend on the actual life and quality of cotton reserves, it will bring downward pressure on cotton prices.

Because the overall quality of China's cotton reserves is low, most of the cotton thrown out is not suitable for spinning knitting yarn or high quality woven yarn, so it will not affect the price of high quality yarn, but the price of low-grade yarns may be under pressure.

Overall, cotton yarn prices will remain basically stable.

First, at present, the port has cleared the 2014/15 annual clearance of India cotton S-6, the paction price is only 13400-13600 yuan / ton, the dumping price is significantly higher than the spot, which is good for India cotton, West African cotton and Pakistan cotton. Secondly, the focus of attention and auction of Chinese textile enterprises will be 2012 of the national storage cotton (rumored 100% cotton) and a small number of 2011 national cotton stores, the former has better quality and quality, compared with the current market available sources, such as "high consistency, long fiber length and strong strength" and other selling points; the latter is low in price, suitable for spinning C32S and below.

India cotton S-6 grade and quality are in the wrong position with the national cotton store in 2011 and the 2012 national storage cotton store in the United States.

Cotton yarn in India and Pakistan is still highly competitive. Third, because the supply orders for cotton yarn in India are mostly signed 30-45 days in advance, the contract price, quantity and arrival time have already been determined.

Spot performance, for the upcoming 1 million tons of throwing and storage mostly "sideways" cold, yarn contract adjustment is unlikely.

According to the analysis of the exporters, the Chinese government has set up a dumping price of more than 500 yuan / ton above the spot market, which is likely to trigger an overall rise in the price of the new cotton, the real estate cotton and the port has cleared the outside cotton quotas. On the one hand, the profits of the cotton yarn will continue to decline and the rate of starting up will decline. The import and export of imported yarn such as India and Pakistan will increase. On the other hand, India CCI still has a stock of about 1100000 tons, but the left behind storage time is less than 3 months. The average monthly turnover will be about 300000 tons before the new cotton market will be "light". So the more time is pushed back, the greater the pressure of CCI throwing and storing will be, and the sharp decline of the reserve price will be inevitable in the 7-10 months. India, Pakistan, Indonesia and other countries