Increase Of Knitting Fabric In Textile City

In the third week of September, the textile and weaving Market of Shaoxing China Light Textile City repeatedly showed the demand for goods, and the number of movable pins increased greatly.

Varieties:

The demand is stable for a long time, mainly due to the large demand for thick circular knitting machines and warp knitted flannel.

Price: most of the prices are stable, and only some of the stocks and new ones have gone up and down.

Spot: spot market slightly more than last week, launched

Basically maintained, total spot sales significantly exceeded last week;

On the one hand, the number of orders received is slightly more than that of last week, and the number of new orders is enlarged.

Domestic sales: new varieties of domestic varieties are growing.

Stable and overall sales volume was significantly higher than last week;

Foreign trade: foreign trade thick varieties are rising steadily, thin varieties are basically the same as last week, and the total volume of foreign trade exceeds last week.

This week, all kinds of knitted fabrics made of knitted chemical filament yarn in the fabric Market (large circular knitting weft knitted plush and warp knitted plush, including some stage fabric and clothing dual-use mesh, Flower knitted, knitted jacquard, embroidered, rotten flowers, water melted cloth, compound, flocking cloth), clothing fabrics (including spandex double shells, some knitted polyester elastic fabric, elastic velvet) and other knitted fabrics, which are mainly used for garments, total sales increased substantially compared with last week, and a huge increase over the same period last year.

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The mood of "watching and waiting" is dominant, and investors are very cautious. Basically, the United States has entered the picking process, and the overall picking rate is slower than in previous years. But in the central part of the country, picking has been nearly 50%, and the quality and quality of cotton are better. The picking and acquisition period of China's Xinjiang cotton has been delayed for about a week. According to the feedback information from all parties, the impact of disaster on cotton production is not large, and the quality of lint is different. Cotlook expects that the planting area of India is smaller than that of the same period last year, but the yield per mu may exceed that of last year, and the total output is higher than that of the previous Cotlook forecast of 37 million. Moreover, CCI still has 2 million 200 thousand bags of Chen cotton, and the three basic areas of cotton are all showing a small "bad". Before the Fed raised interest rate decisions, the commodities market and ICE futures were dominated by small and upward oscillations.

Some institutions and cotton traders believe that because of the early start of the US cotton pre sale and the good signing situation in 2015/16, and the global textile market is gradually changing to the traditional peak season, it is expected that the downstream market will have a good turn and have a certain support for cotton price. Therefore, the main contract of ICE is backed by 61 cents per pound, and the consolidation in the 63-68 cents / pound compartment is a big probability event.

According to the port traders in Qingdao, Zhangjiagang and Guangzhou, because of the severe shortage of cotton import quotas in 1% tariffs, and the high concentration of quota resources in the hands of large operators and cotton textile mills, although the price difference between domestic and foreign cotton continues to shrink, the SM price quotation for the United States cotton EMOT and Xinjiang 2128 has been reduced to less than 1000 yuan / tonne, but the pfer price of the quota is still up to 1700-1800 yuan per ton.

Since the middle of September, China's warehouse has achieved "double 28", "double 29" high quality Xinjiang cotton, and the quoted price has increased by 100-200 yuan / ton. Therefore, some Chinese buyers have increased their enquiries and goods in Australia, cotton and cotton in Hong Kong, but the import quota is limited to the biggest obstacle to the sale of foreign cotton.