New York Cotton Up And Down, Export Began To Show Shrinkage Mode.

The sharp decline in exports, the end of the cotton week in New York rose nearly a week, the contract fell sharply in recent months; 1605 months contract 60.64 cents / pound, down 99 points; 1607 months contract 60.85 cents / pound, down 44 points.

On the same day, the contract fell sharply in the near future, and the lowest price fell below 60 cents / pound.

Although there has been a rebound, it remains on the same day.

In the first week of April, the US cotton contract volume decreased significantly compared with the previous week.

Reaching 7 million 977 thousand packs, a decrease of 23% over the same period last year.

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Many textile enterprises reveal their feelings and express embarrassment in the busy season.

Mainly in several aspects: first, the supply of raw materials is embarrassing.

"We mainly produce combs, combed 32S and 40S, but now cotton is hard to buy."

In April 14th, Liu manager of a textile enterprise in Shandong reflected that since the beginning of April, the whole inland market basically could not find the cotton suitable for their production.

According to its introduction, at present, some cotton banks in the the Yellow River River Basin are characterized by the fact that there are not many mainstream cotton grades in the 3128B class and above. In addition, the local cotton ginning plants have low overall quality and two are sporadic and difficult to organize.

Even if it was patchwork up to 100 tons or 200 tons, the consistency was poor.

The embarrassment in raw materials is that cotton prices have risen rapidly in recent years, which has made textile enterprises unbearable.

In April 14th, a textile manufacturer in Jiangsu wanted to purchase a few 2128B grade and above Xinjiang hand picked cotton for cotton blending, but the price reached 12650 yuan / ton in the market.

Nowadays many cotton ginning mills and cotton merchants have stopped offering quotations, especially for high quality cotton.

A pessimist said that in 2015, the overall quality of cotton in China was declining, and the structural gap crisis was serious.

Secondly, the import yarn takes advantage of the "disruption", spinning enterprises internal and external troubles.

Internal worries are well understood. Now conventional domestic yarn production capacity is still surplus, and peer competition is fierce.

Foreign invasion is the biggest worry in recent years.

Recently, imported yarn has two characteristics: first, India, Pakistan combs 21S, 32S, 40S and combed 21S, 32S inquiry and paction are relatively active, especially in Vietnam, 32S air jet quotation shows a rapid upward trend.

In terms of price, the price difference between imported yarn and domestic yarn is further reduced to 200-400 yuan / ton.

Two, the recent import of yarn, especially conventional yarn, has increased significantly to port. According to traders, although some India and Pakistan manufacturers have raised the price of some spinning and knitting yarns by 4-5 cents / kg, domestic manufacturers and traders have complained a lot, but the enthusiasm for ordering them has not diminished.

As of April 15th, the import yarn inventory of China's main port free trade zone increased to more than 75 thousand tons.

Some market participants said that although the price difference between the internal and external yarns was narrowed, the advantage of the yarn price advantage was improved to a certain extent, but the impact of imported yarn on domestic yarn should not be underestimated.