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    5 Characteristics Of Cotton Textile Industry In February 2016

    2016/3/1 11:16:00 54

    Cotton TextileCottonFiberXinjiangImportStock

    February 2016

    cotton

    Prices continued to fall and spreads widened.

    fibre

    The price increase is expected to increase; the production and marketing of pure cotton products are blocked, and the competitiveness of low count yarn is slightly increased; the price of chemical fiber gauze is rising, production and marketing are more smooth, and the pressure to reduce inventory is still large.

    First, cotton prices continue to fall, and raw cotton purchases decline.

    Domestic and foreign cotton prices were down in February.

    Among them, the domestic 3128B cotton price index as of 21 days is about 12850 yuan / ton, down 0.58% this month.

    Cotton prices rose slightly at the beginning of the same month after the same level, followed by a weak downward trend, rising in the middle price, falling by 1.69% as of 19 days. After 1% tariff, the cotton price difference between inside and outside was about 1899 yuan / ton, expanding in January.

    Investigation and understanding, production cotton for the Spring Festival before stocking, inventory is about 15 days.

    Xinjiang

    The quality control of machine picked cotton is relatively good. It has become a priority choice for enterprises. The price of 3128B grade machine picked cotton is about 12900-13000 yuan per ton.

    From the main contract of zhengmian 1605, the closing price for 22 days is 10530 yuan / ton, lower than the spot price, and the policy of dumping and storage has not yet been promulgated.

    Tracking data showed that the purchase volume of raw cotton decreased by 9.24%.

    Two. The increase in non cotton fiber prices is expected to increase inventories.

    This month, the amplitude of WTI crude oil price was relatively large. At the beginning of the month, it rose to $32.28 / barrel from 31.62 US dollars / barrel, then dropped to 26.21 US dollars / barrel, and rose to 29.64 US dollars / barrel as of 19.

    From the WTI04 contract, 22 days to close at 34.81 U.S. dollars / barrel, the expected increase in the future, 1.4D straight spinning polyester staple fiber prices rose 1.61%; mainstream viscose staple fiber prices continued to rise, this month rose 3.77%.

    The price of non cotton fiber goes up and the inventory of enterprises increases.

    Tracking enterprises showed a 2.33% increase in non cotton fiber inventory.

    Three, the impact of the Spring Festival

    Affected by the Spring Festival, some enterprises with less orders extended their vacation time and left early.

    The enterprises with more orders, because the workers are not fully available, have learned that the operating rate is about 70%.

    Tracking data showed that the yield of gauze decreased by 3.51% and 2.31% respectively.

    According to enterprises, at present

    Imported

    The advantage of yarn has gradually weakened, and the order of some enterprises in low production yarn has increased. Some enterprises producing conventional products have made efforts to improve yarn quality by meticulous management, and gradually established yarn brands, and orders have been relatively increased, resulting in a slowdown in the production of blended yarn and chemical fiber yarn.

    At the same time, many industries have increased investment, by increasing the degree of automation of equipment, such as automatic doffing system, pipe machine and baler, so as to improve production efficiency and solve the difficulties of manual labor and manual labor.

    Four, sales of cotton products are blocked, and the shipment of non cotton products is smooth.

    Cotton prices fell slightly this month, and the price of pure cotton gauze weakened.

    CY C32S yarn dropped 0.05%, CG C32 grey cloth fell 0.56% per meter.

    From the understanding of enterprises, market demand still exists, but under the downward trend of cotton prices, the sales pressure of cotton gauze is greater.

    Tracking data showed that sales of pure cotton gauze decreased by 0.44% and 5.12% respectively.

    CY T32 and CY R30 rose 0.98% and 2.18% respectively, thanks to the increase in polyester staple and viscose staple fibers, and the price of CG R30 grey fabric increased by 0.071%.

    According to the January Keqiao chemical fiber grey cloth index, the end of 4 months of decline, a rise of 20.24%, from the tracking data show that the sale of purified fabric sales increased by 1.68%.

    With the increase of downstream demand, the future sale of chemical fiber gauze will increase.

    Five, reduce inventory to cater for the overall reform situation.

    Near the Spring Festival, many enterprises strive to digest inventory and increase the liquidity of funds.

    In 2016, under the market oriented environment of digestion and inventory, the company will ease the outstanding contradictions in the supply side of cotton spinning industry, increase confidence in enterprises and promote market development.

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