Quotation Of Foreign Yarn Increases The Market Of Conventional Yarn.

Recently, the Guangdong market OE10S-OE21S knitting cotton yarn, Pakistan 7S-21S siro spinning, India and Vietnam produced C21S, C32S, C40S air-jet yarn and JC21S, JC32S yarn inquiry, the paction is quite active, Vietnam produces C32S air-jet yarn CNF and CIF quotation shows a rapid upward trend, while the high and medium yarn bleaching and dyeing cotton yarn orders and demand declined compared with March, bonded stock and futures yarn orders are now showing signs of falling.

Pakistan, India and Central Asia (mainly Uzbekistan, Azerbaijan, etc.) producing C20S, C21S towel yarn, stockings yarn quotes and sales showed a high level.

Some Jiangsu and Zhejiang provinces,

Cotton Traders in Henan and other places have said that due to the recent rise in the price of imported cotton yarn CNF and CIF, coupled with the strong domestic demand, some brands of yarn and large factories in India and Pakistan are rather tight. There are some difficulties in delivering the goods according to the contract. Some cotton mills have proposed "increase the price for delivery" or allow manufacturers to replace the delivery with the same quality cotton yarn.

An importing enterprise in Zhengzhou, Henan, said that in just over a week, the quotations of OE21S, C21S, C32S and JC21S of some India mills increased by 0.04-0.05 dollars / kg. The previous contract also needs to increase the price of 0.02-0.03 dollars / kg, otherwise the shipment will be postponed, and Chinese weaving factories and traders will complain very much.

For imported cotton yarn, industry analysis, although since mid February, the difference between domestic and foreign cotton prices continue to shrink (mid April India cotton S-61-5/32 "Far East port CIF offer 67 cents / pound, 1% yuan tariff quotas of about 11200 yuan / ton, while Xinjiang local cotton enterprises machine cotton picking price is only 11500-11700 yuan / ton), the competitiveness of domestic cotton and above cotton yarn has been greatly enhanced (especially Xinjiang cotton yarn), but the difference between India and Pakistan C32 and C21S cotton yarn reaches 0.23-0.28 US $/ kg, much higher than the difference between domestic C32 and C21S about 1000 yuan / ton, so the competition strength of C21S and below yarn is still strong.

The decline of the US dollar promoted the export of cotton, cotton and cotton in India, but also promoted the export of cotton yarn in India, Pakistan, Vietnam, Indonesia and Central Asian countries. Whether it was cotton grading or supply stability, Chinese weaving factories and middlemen recognized the quality of OE yarn, C21S-C32S yarn, JC21S and JC32S yarn.

According to the survey, since April, India,

The price of CNF and CIF of cotton yarn in Uzbekistan and Vietnam has increased by 0.05-0.07 US dollars / kg, of which JC21S and JC32S yarn have increased slightly. On the one hand, the price of American cotton, Australian cotton, uyguri cotton and West African cotton increased considerably with the increase of ICE (about 3-4 cents per pound) for nearly half a month. The ex factory price of India cotton S-6 and J34 domestic ginning mill also reached 66.30 cents / pound, 65.20 cents / lb. S-6 increased by 5-5.5 cents / pound compared with the middle of March, and the cost of cotton yarn material showed a more obvious upward trend; on the other hand, India, Bangladesh, Pakistan,

The demand for cotton yarn by other weaving mills and middlemen is very hot. China's share of India's cotton yarn exports has been declining by about 27.4% (48.32% in 2015).

On 12 and 13 April, the CNF quotations of OE10S, C21 knitted, C32S knitted and JC32 yarn of India, Qingdao, Shanghai and Ningbo were 1.46-1.48 dollars / kg, 2.14-2.18 dollars / kg, 2.39-2.42 dollars / kg, 2.64-2.68 dollar / kg respectively, and the trend of increase was more obvious.