Analysis Of The Four Characteristics And Development Trend Of Cotton Textile Industry At Present

October new flower concentration

The sales volume increased slightly, the quality was lower than expected, and the order was insufficient, and the market confidence was slightly insufficient.

Quality of new cotton is worrying and high quality cotton is scarce.

This month, new flowers are listed on the market, and the quality is lower than expected.

domestic

The price dropped slightly. As of 21 days, the domestic 3128B cotton price index dropped by 0.2% compared with the beginning of the month, and the cotton price rose 4.6% outside the grade. The price difference between the inside and outside cotton was reduced to 1400 yuan / ton after the 1% tariff was cut on the same day.

According to China's cotton notarization inspection data at the end of September 2015,

Cotton, with a length of 28mm and above, accounted for 27.46%, 93.07% in the same period last year, and 13.93% cotton in the B2 range, accounting for 99.11% in the same period last year.

This year, the quality of cotton in Xinjiang has declined: first, the continuous high temperature in the southern Xinjiang has affected cotton growth; two, the current target price reform subsidy is mainly based on weight, while cotton farmers pay more attention to cotton production and neglect cotton spinnability.

According to customs data, China imported 1 million 160 thousand tons of cotton in 1-9 months, a decrease of 42% over the same period last year.

The national development and Reform Commission announced that the import quota was 894 thousand tons in 2016. Its Chinese trade was 33%, the quota number was flat compared to 2015, and the supply of high quality and low cost imported cotton was still less.

The research has learned that, in order to avoid the possible structural resource contradiction of cotton, the purchase quantity of double "28" and above cotton has been increased, which leads to the sale of cotton in this grade, not only the price is very strong, but even the cotton is favored.

Tracking data show that in September, the purchase of raw cotton increased by 3.2%, including imports of cotton increased by 22.9% and inventories decreased by 3%.

Due to the reduction of cotton suitable for spinning and high count yarn, the price of new flower is declining, sales are slow, and the cotton price difference has narrowed, but the future trend is still uncertain.

Purchase of chemical fiber short wave should still be cautious.

Crude oil prices rose in October.

WTI crude oil opened at the beginning of the month of 44.7 U.S. dollars / barrel, soaring to 49.6 US dollars / barrel, up 9%, then fell, 21 to close at 45.2 U.S. dollars / barrel, up 1.1% this month.

The price of 1.4D direct spinning polyester fiber shook with the price of crude oil, down 20, down 0.6%.

Mainstream viscose staple fiber supply and demand continued to adjust, the rally is slowing down, as of 21 days, viscose staple fiber prices rose 0.8% this month, higher than the 3128B grade cotton 1400 yuan / ton, viscose staple fiber supply is tight, the price is still high, the textile enterprises to buy more cautious.

With the continuous decline of crude oil prices, the willingness of enterprises to buy Polyester staple fibers will continue to decline. Tracking data show that in September, the purchase of non cotton fibers decreased by 5.8%.

Production and marketing did not meet the expected price cuts and withdrawal of funds.

At present, although it belongs to the peak season of traditional production, most enterprises express less orders and underemployment. The main reasons are: first, under the influence of the downward pressure of the national economy, the internal driving force of the demand is weak; the two is the change of regional production pattern, the weakening of the competitiveness of domestic low count yarn and the loss of some orders; and the three is that the fluctuation of raw material prices directly affects the judgement of enterprises on the latter market and is cautious.

Tracking showed that yarn and cloth output decreased by 0.4% and 3% respectively.

These factors will continue in the future and the market will slow down.

Cotton prices have slowed down and cotton yarn and cloth prices have dropped slightly.

As of 20 days, the yarn price of CY C32S decreased by 0.3%, and the price of CG C32 fabric decreased by 0.1%.

Due to the high degree of homogenization of the pure cotton products and the weak competitiveness of the market, some enterprises have sold the funds at reduced prices, but sales are far below expectations. Sales of pure cotton yarn and cloth have increased by 1.2% and 1.8% respectively.

In sharp contrast, products such as colored spun yarn, yarn dyed fabric and denim are highly differentiated products, and sales and sales increase simultaneously.

At present, domestic and foreign cotton price differentials continue to shrink, which is good for cotton spinning enterprises. However, the domestic market of cotton regular products is still limited.

The price fluctuation of chemical fiber short fiber leads to the vibration of chemical fiber yarn and cloth. The price of polyester yarn and cloth rises first and then falls. As of 21 days, the price of CY T32 yarn drops by 0.4%, the CG T/C45 fabric is down 0.2%, the price of polyester gauze fluctuates greatly, the downstream market dare not blindly place orders, and sales are difficult to rush.

The price of human cotton yarn and cloth continued to rise, slowing down. As of 21 days, CY R30 yarn prices rose 0.2%, and CG R30 grey cloth increased 0.7%.

Tracking data showed that sales of chemical fiber yarn increased by 0.8% in September, and sales of chemical fiber fabrics fell by 1%.

Keqiao September chemical fiber grey fabric index fell 8.1%, downstream demand is weak, the future sales pressure will not decrease.

Chemical fiber gauze is more sensitive to raw material prices. Fluctuations in raw material prices are not conducive to product sales. Enterprises are eager to maintain stable prices of chemical fiber raw materials.

Continue to reduce inventory and look forward to market warming

At present, the signs of market warming are weak, and enterprises' awareness of reducing stocks to inventory has been enhanced. Reducing inventory is still one of the main means adopted by enterprises to adapt to the current market situation.

Tracking data showed that yarn and cloth inventories decreased by 1% and 0.02% respectively in September.

In the future, the price of raw materials is uncertain, and market confidence has not yet been restored. Enterprises hope that the market will pick up and usher in a real "boom month".