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    Spinning Enterprises With Profit And Loss Is A Key Factor.

    2016/4/8 11:09:00 29

    Spinning EnterprisePriceMarket Quotation

    According to the cotton textile enterprises in Henan, Shandong, Hebei, Jiangsu and other places, since the middle of March, clothing, fabrics, grey fabrics and cotton yarn market has finally come to a long season. The production and marketing situation of C21S-C40S, JC21-JC40S and OE21S and OE16S spun yarn are much better than those in February and early March. However, the order and shipment of high and high profit cotton yarn such as combed yarn, compact spinning yarn and so on have not improved much, showing less than that of 40S and below combed and combed yarn.

    Market analysis

    Low count yarn

    One factor is that the cotton price difference between China and foreign countries continues to shrink significantly after the Spring Festival. The competitiveness of domestic cotton yarn and grey cloth has been continuously improved.

    Garment factory

    Middlemen are more willing to purchase homemade yarn with relatively stable quality and easy to claim or replace.

    Since late March, the quotations for domestic C21S and C32S cotton yarn are 18800-19000 yuan / ton, 19600-19800 yuan / ton respectively, while the quoted price of India C21S and C32S A+ yarn is generally 18200-18500 yuan / ton, 19200-19500 yuan / ton (B- yarn quoted price is less than 1000 yuan / ton of A+ yarn), and the price difference of C32S yarn is only 300-400 yuan / ton at home and abroad.

    Two, the credit support of cotton textile enterprises and cotton enterprises has been enhanced, the financial pressure has been alleviated to a certain extent, and the cost of financing has declined, which is better than the real economy, plus the United States.

    European Union

    Although the pace of economic recovery in developed countries is slow, the consumption demand for cotton textiles and clothing has rebounded. Recently, traders in Shandong, Qingdao, Zibo and Liaoning Dalian indicated that exports of all cotton and polyester cotton garments in Japan and South Korea were smoother.

    From the survey, 3 and April, the traditional cotton textile industry is coming late (half a month or so), but the market is expected to be busy until May. This is a great support for Zheng cotton, ICE cotton and other domestic electronic market and domestic cotton spot market. Cotton prices are expected to continue to rebound in a low amplitude, CF1609 or standing at 10500 yuan / ton.

    However, there are two unfavorable factors that need to be considered. One is that the price of dye and the processing fees of printing and dyeing factories have risen sharply, even to 0.40-0.80 yuan / m, and the upstream weaving factory contract has been signed, the price increase is rather difficult, and some of the orders are in no profit or loss.

    Two, it is the pressure of the central banks to release the water and the depreciation of the RMB. It is a big problem that how to avoid exchange rate risk.

    On 1-6 April, the domestic market JC50S (30% long staple cotton), JC60S (50% long staple cotton), JC80S (100% long staple cotton) and JC100S (100% long staple cotton) market quotations were 29500-29800 yuan / ton (brand, big factory A yarn 31000 yuan / ton), 30600-31000 yuan / ton (brand, big factory A yarn 32000 yuan / ton), 48200-48800 yuan / ton, 58000-58500 yuan / ton, all lower than the first half of March, 48200-48800 yuan / ton, because of JC60S and above cotton yarn order is relatively small and the amount of money is large, so most spinning enterprises to order spinning order, almost no high count combed yarn stock.

    Some spinning enterprises believe that although the quotations of Xinjiang 137A, 237 and 336 grade long staple cotton have dropped to 21500-21700 yuan / ton, 20500-20700 yuan / ton, 19600-19800 yuan / ton, but this year, not only the domestic long staple cotton supply is adequate, but also nearly 2-3 million tons of SJV PIMA and Egypt's Ji Zha cotton are delivered to Hong Kong, and more importantly, the weakness of the high and low count yarn export orders is much higher than expected. Therefore, the JC40S and above high count yarns are not only in a dead end, but are also difficult to turn over in the short term.


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