Raw Material Market Appears "Landslide" Cotton Yarn Clinch A Deal Lightly.

In the near future, the pure cotton yarn market is still deserted, and the turnover is light. Some enterprises are still on the waiting stage, or they are going to abandon the market directly.

In terms of imported yarn, the price of imported yarn is relatively stable, but sales volume is not satisfactory. Many traders indicated that they had no orders or only some old customers' orders.

Last week (February 2016 22-26), textile mills began to operate in all parts of the country.

A "landslide" has a negative effect on cotton yarn.

During the week, the price of Zheng cotton dropped sharply. As of Friday (26), the 1609 contract of zhengmian main force was closed at 10080 yuan / ton, which was 380 yuan / ton lower than the 10460 yuan / ton of the previous week, and the futures price continued to fall, which brought great negative impact on the stock market. The market doubted whether cotton could hold 10000 yuan / ton mark.

As of 26 days, Xinjiang cotton price cut 50-100 yuan / ton, the mainland warehouse 2128B level in 12500-12600 yuan / ton, 2128C level in 12000-12200 yuan / ton.

However, there are individual enterprises to reduce their quotas to inventory. On the 27 th, the price of 2128B grade cotton produced by some cotton ginning plants in the the Yellow River Valley is 12400 yuan / ton, while the 3128C grade is only 12000 yuan / ton.

At the same time, let textile enterprises dare not buy materials.

Zhou,

Still cold and cheerless, there are still some enterprises in the stage of wavering and wait-and-see, or directly abandoning the market.

According to the feedback from Jiangsu and Zhejiang manufacturers, cotton yarn orders did not increase significantly after the year, and the price of cotton yarn continued downward adjustment due to the influence of upstream raw materials. The price of combs 21S and 32S was 14300-14400 yuan / ton, 19500-19600 yuan / ton, and combed 32S price was 22000 yuan / ton.

Enterprises still face greater pressure to go inventory, and the downstream credit is strong, so that the yarn factory can not get enough money.

At the same time, in the aspect of high spun yarn, enterprises are still dominated by old customer orders, rarely new orders.

On the 27 day, the price of combed compact spinning 60S in a factory in Jiangsu was 29500 yuan / ton, unchanged from the previous week.

The staple cotton is mainly cotton.

The same downturn is difficult to sell, mainly in Jiangsu and Zhejiang, 100% long staple cotton combed compact spinning 80S price in 50000 yuan / ton line, price volatility is not big.

In terms of imported yarn, the price of imported yarn is relatively stable, but sales volume is not satisfactory. Many traders indicated that they had no orders or only some old customers' orders.

Mainly in the context of falling domestic and international cotton prices, we are pessimistic about the long-term price of cotton yarn, so no one dares to ask for long-term cotton yarn contracts.

In the past, factories that made long-term foreign yarn were mostly converted to domestic yarn or port import yarn.

However, some factories continue to order imported yarn in order to maintain the stability of product quality.

According to traders, at present, the yarn inventory of the bonded area is about 72 thousand tons, and the inventory pressure is larger.

Market analysis, Spring Festival enterprises resume work generally, especially raw materials, finished products are constantly falling, the enterprise heart is sad, will will continue to be sold, expect next week's market is still stable down.