Textile Raw Material Procurement Is Not Active, Yarn Prices Remain Weak And Stable

It is understood that the current market divergence increased, bearers believe that the 11 million tons of state cotton stocks huge inventory, cotton prices will continue to decline significantly; optimists believe that cotton prices have dropped to the bottom, once the boots once landed, cotton prices will hit bottom rebound.

This week (March 2016 7-11), the electronic disk oscillation downward, as of March 11th, zhengmian main CF1609 contract closed at 10110 yuan / ton, weekly fell 125 yuan / ton.

On the one hand, the electronic disk oscillates upward after reaching below 10000 yuan / ton mark, and has stabilized over ten thousand yuan. On the other hand, the price of the week stays low and the market atmosphere remains pessimistic.

At present, the market divergence has increased. The bearers believe that 11 million tons of national cotton reserves are huge.

It will continue to fall sharply; optimists believe that the price of cotton has dropped to the bottom and that once the boots are on the ground, cotton prices will hit bottom.

As of March 13th, the the Yellow River market real estate cotton market for the 3128 level in 12000-12200 yuan / ton, 4128 level in 11400-11500 yuan / ton, the price fluctuation is not big; has completed the pfer of Xinjiang 3128B grade hand picked cotton price in 12400-12600 yuan / ton, individual reached 12700 yuan / ton, slightly up.

The market still thinks that the cotton price of the future market will be "superior cotton and high price and low cotton price", because it insists on selling high-quality cotton and selling low quality cotton.

Zhou,

To maintain a weak and stable pattern, low demand for yarn is acceptable.

As of March 13th, the price of combs 21S and 32S in an enterprise in Shandong was 14200 yuan / ton, 19300 yuan / ton, and remained stable.

The head of the enterprise said that the order has rebounded from the previous week, but the overall situation is still not optimistic.

The air spinning market is generally weak. The price of air spinning 10S and 16S in Anhui and Jiangxi is 11650 yuan / ton, 13000 yuan / ton respectively, and the price of individual manufacturers is reduced by 50 yuan / ton, because the fine yarn is in the off-season, the order situation is not very good, and the stock of enterprises has rebounded.

and

It remained stable.

The prices of combing 40S and 60S in Jiangsu and Zhejiang provinces are 24400 yuan / ton and 28300 yuan / ton line respectively. Since the middle of March, Xia Dan has increased gradually, which is conducive to the sale of fine yarn, and textile enterprises gradually adjust their product structure.

However, there are two uncertainties in the recent market, which make the business look strong.

The first factor is that when the national storage cotton will be out of stock, the price and the quantity are not clear. The second factor is the import of foreign yarn.

According to feedback from traders, imports, JC21, JC32S cotton yarn, and imported compact spinning yarn imported from India, Vietnam and Pakistan in the early March are more active than those in 1-2 months.

At present, the main port free trade zone has a stock of 68 thousand tons, and the stock pressure of traders is still large.

Especially since the second half of 2015, the advantages of imported yarn are not in place. Traders are turning more and more, and ports are becoming more and more deserted.

Market analysis, because the market is concerned about the state store cotton outbound, recent textile enterprises raw material procurement is not active, especially yarn sales are also in a critical period of seasonal change, the recent price of yarn or remain weak and stable.