The Quotation Of Foreign Yarn Is Strong, And The Domestic Market Is Also Strong.

According to the traders of cotton yarn in Guangdong, Fujian, Shandong and Zhejiang, the cotton yarn market at home and abroad in the past week has been characterized by "adequate supply, obvious inventory, declining demand, weak yarn prices", especially imported Siro spun yarn and spinning yarn imported from Pakistan, India and Indonesia, while JC21S, JC32S and JC40S imported from Vietnam, India and other cotton mills have been favored by Chinese weaving factories and traders because of the high price and unstable quality. In Vietnam, Indonesia, Taiwan and India and Pakistan, C21 and C32 yarn for jet OE21, OE32S and upper air jet looms are still prevailing in the market. An importer of cotton yarn in Qingdao said that the C40S and above high grade combed and combed yarn were still mainly ordered by Chinese buyers. Buyers generally designated cotton, cotton and Brazil cotton as cotton blending, and had detailed requirements for CV value and strength. Moreover, the price of high yarn was not much superior to that of China. Therefore, Port Bonded C40-C60S, JC40S-JC80S India and Vietnam gauze were few, and several large foreign and cotton yarn importers had only a few counters.

Compared with the domestic cotton yarn market price and volume are sluggish, the contrast is that the quotation of foreign yarn and US dollar is strong against the trend. Some India, Vietnam, Pakistan and Uzbekistan produced C21S and above counts cotton yarn FOB and CIF quotations rose slightly. On the one hand, with the India government fully developing seed cotton storage and storage work, India's domestic S-6, J34, MCU5 and so on. Transaction price A slight rebound, the amplitude of 0.50-1.0 cents / pound, and ICE recently also backed by 61 cents / pound, continued in 61-64 cents / pound body consolidation, the overall cotton price quotation has bottomed and rebound signs; on the other hand, India and Pakistan textile department asked for increased cotton yarn. Grey At the same time, the Pakistani side asked the government to raise the import tariff of cotton yarn by 10%. In addition, the India government further accelerated the negotiations with the European Union, Australia and Canada, and held talks with China and Turkey to reduce tariffs on India's textile products.

Some cotton yarn operators said that the "strong inside weak" market structure is very risky for traders. After all, cotton yarn has to be cleared to sell in the domestic market. Once ICE or India's domestic cotton prices have risen sharply, the quotation of foreign yarn will be adjusted, while the domestic market is still "warm water", which is out of sync with foreign markets or even opposite. Many cotton yarn procurement contracts will be very difficult to execute. Therefore, when the outer yarns of the port have been "piling up mountains" and the risk of sales is increasing, traders must place orders in order to "do their best" and not blindly advance. Recently, some factories and traders in Henan, Shandong, Hebei and other places reflected the trend of "high-end growth and low-end slipping" in the sale of fabrics and clothing orders. Therefore, the demand for cotton yarn in C32S and below is not stable, while the consumption of cotton yarn with 40S and above counts is expected to rebound slightly. But whether or not we can promote the price recovery of cotton yarn depends on the trend of cotton, the quantity of orders and the situation of the peripheral economic market.

From the survey, there is still a certain amount in the middle of 11. Outer yarn Arriving in the bonded warehouse, however, it was different from the main source of goods imported from small factories and traders in 7-9. In the late period, most traders and middlemen purchased most. It is estimated that the port cotton yarn inventory will reach 11.5-12 million tons before mid November, and the bonded volume will be difficult to lower in November. In contrast to the continuous rise in the arrival of yarn outside the port, the cotton market in the domestic market still has no signs of bottoming. As a result, the small and medium-sized weaving factories and middlemen of C21S, C32S and OE10S-OE21S yarn are still in the process of failure or withdrawal. Some Chinese buyers have already told foreign cotton mills and exporters that they have encountered difficulties in the execution of the contract, and they have to extend the shipment for a month or two months.

Some foreign businessmen believe that because of the varieties of cotton yarn produced in India, Pakistan, Vietnam, Uzbekistan, Indonesia, Taiwan and South Korea, which are concentrated in OE10S-OE21S, ring spinning 10S-32S, the products are highly homogenized, and the competition for quotation is fierce. 1-2, Qingdao, Zhangjiagang and other places C21S, C32S cotton yarn pick up offer 17200-17500 yuan / ton, 19000-19200 yuan / ton, some traders in order to ship as soon as possible to withdraw funds, cotton yarn spot special disk increased, such as C21, C21S/2, JC32S/2 and so on 16700 yuan / ton, 22300 yuan / ton, 26200 yuan / ton quotes, on the one hand, the number of special dish yarn is relatively small, traders to clean up inventory, slightly defective cotton yarn is the main; on the other hand, ports, India, Pakistan, Vietnam, Indonesia, Central Asia cotton yarn, CIF, CNF and clearing customs quotation is very confusing, the same factory production, the same batch of C32S cotton yarn quotation or even difference 200-300 yuan / ton, so the so-called special yarn has little impact on the market. November