Shengze And Jiaxing Market Yarn Market Is Not Good.

Pure polyester yarn market is still in a consolidation state, sales volume is generally, in contrast, pure polyester yarn 45s demand is acceptable, the current price is about 12200 yuan / ton, recently, the polyester and short market has stabilized and upturned.

It is expected that there will be a trend of adjustment in yarn market next week.

The price of viscose staple is strong and upward.

It's around 14000 yuan / ton.

Next week, the cotton yarn market is expected to continue to rise.

Market prices continue to rise this week, the 30s price is currently around 17600 yuan / ton; 20s price in 16400 yuan / ton, a week's total increase of 100-200 yuan / ton, the price increase of cotton yarn products is mainly due to the increase of raw material costs.

The quotation of the whole cotton yarn is relatively stable, and the price of the whole cotton yarn is loose. In the Shengze area, 7S and 10S all cotton yarn is popular, mainly used for the production of cotton suede products by jet production.

The market demand of J21s is also acceptable, which is mainly used to produce jet cotton brocade series.

Polyester cotton yarn market changed little, polyester cotton yarn 80/20 32S demand is acceptable.

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For many years, the cotton textile industry has a false proposition to mislead investors. The main idea is that the depreciation of the currency is conducive to the export of textile and garment industries in the lower reaches, which will increase the volume of export orders, and then increase the use of cotton and cotton yarn.

As demand increases, the price of cotton and cotton yarn will go up, thus making the whole industry chain flourish.

This "magic soup" really knocked the brains of many academics.

The author thinks, looking at the present, is not such a thing.

In addition to the difficulty in raising the profit of textile products, the import raw materials will also increase. The cost of importing cotton yarn will be greatly increased.

At present, textile enterprises adopt the strategy of "buying and selling with their products". There are not many stock products. Most of the orders are still in customs clearance and sea. The depreciation of the RMB exchange rate makes the purchasing cost of enterprises rise, so that the profits of the industry will further converge, which will weaken the demand for cotton and cotton yarn in a disguised manner, and is not conducive to the higher prices.

In the middle of last month, when the people's Bank of China did not give any warning in advance, the central parity of RMB against the US dollar was suddenly cut to 1000 basis points, to 6.2298, which not only set the biggest one-day decline since the official exchange rate of RMB was merged with the market exchange rate in 1994, but also made the RMB exchange rate fall to a new low in April 25, 2013.

One stone stirred up waves.

Currency devaluation is traditionally seen as a "straw" in improving the export industry of a country.

"The depreciation of RMB will help improve the export price of textile and clothing?"

This is the original saying of the head of a textile export enterprise in the conversation with the author.

China's textile industry is positioned at the middle and low level, competing with other countries, with price advantages and no other core technological advantages. Therefore, the domestic textile industry has long been a very low profit and a synonym for "sweatshops".

It is understood that in the middle of last month, when the RMB depreciated sharply against the US dollar in the middle of last month, a few days later, it received foreign mail, asking for a 2% reduction in the next batch of orders. If it did not agree, the order would be given to countries with low labor costs such as Vietnam, Laos and Kampuchea.

Enterprises can only be forced to accept the requirements of foreign businessmen.

"Artificial sword, I am fish."

In the absence of technological advantages, we can only survive in the vicious cycle of "no minimum, only lower", in the context of price competition alone.

The head of the textile enterprise exclaimed.

In fact, the advantages of RMB depreciation have been taken away by foreign businessmen. Chinese textile enterprises still can not enjoy any benefits, and still need to work hard to earn the meager hard-earned money.

This sudden overnight depreciation seems to have a supporting role in the short term for cotton and cotton yarn quotations, but in the long run, it has no advantages to exporters, even if there are so-called benefits, which are short-lived.

Because a simple imitation and neglect of product development, only cheap labor and primary resources industries, it is difficult to obtain long-term stable profits.