Import Yarn Price Volume Rose OE Yarn Enquiry Active
According to many places
Cotton yarn
Trade
Traders reported that the price of OE yarn, C20S-32S air-jet yarn, combed yarn and high spun yarn FOB, CNF and CIF continued to rise since early July, and the price of OE yarn was more active than that of the OE yarn. However, the knitting yarn of JC40S and above was very cold. The Pakistan produced C10S-21S Siro spinning was gradually abandoned by Chinese manufacturers and middlemen due to the relatively large increase in quoted price, low inventory of bonded stocks (the buyers could choose small space), and the decline of quality, etc. in Pakistan.
Industry analysis, first, imports of OE yarn and C10S, 16S, 21S and other low count yarn is becoming more and more lively and China.
National cotton reserves
The sharp rise in paction prices of low grade and low quality cotton in 2012 and 2013 came directly related to the sharp increase in the sale price of the spinning mills.
Since June 1st, the average price and the lowest daily paction price of Zheng cotton futures and national cotton auction have increased by 3760 yuan / ton, 2199 yuan / ton, and 2470 yuan / ton respectively. C40S and below cotton yarn have no choice but to rise 500-1000 yuan / ton passively. The distributor and the middleman have not only lost profits but lost money, so they have to turn to the low count yarn of Southeast Asian cotton mill again. Two, India, Pakistan, Vietnam and other countries, the difference of cotton yarn difference between C32S and C21S and below is obviously larger than that of domestic yarn. The lower the number of imported yarn and the larger the difference between domestic yarn and domestic yarn, the stronger the competitiveness.
If mid July, Qingdao, Guangzhou port India produced OE10S, 21S, C32S yarn CNF quotes are 1.48-1.50 US dollars / kg, 2.35-2.38 dollars / kg, 2.67-2.70 dollar / kg, C21S and OE10S price difference 0.87-0.90 dollar / kg, C32S and the difference between the price of 2.67-2.70 / kg, and the domestic price difference of up to 1500 yuan / ton.
Some domestic buyers said that India, Pakistan, Vietnam yarn and other FOB and CNF rose significantly lower than the US cotton, India cotton, Australia cotton and other gains. The profit margins and sales enthusiasm of the mills were greatly reduced. Whether the supply contracts could be executed in 4 and May were variable. A few India brand factories were negotiating with buyers, hoping to sign additional contracts. The cotton yarn was increased by 0.03-0.05 dollars / kg to continue the performance contract or increase the number of contracts on the basis of the original price.
They rose 15.70 cents / pound, 13.30 cents / pound, or 22.05% or 18.29%, respectively. Since March, India cotton has increased by more than 55%. Cotton prices have risen sharply in the direction of India's cotton mills and textile associations. Therefore, the import volume of foreign cotton has increased in an explosive fashion. With the arrival of monsoon rainfall, the cotton planting area of India has been fully promoted and funds and bull speculation have begun to decline. On the other hand, India yarn and cotton blending is made from a single India cotton to India cotton, American cotton, West African cotton and a small amount of Australian cotton. The quality of cotton yarn, cotton grading and product consistency can not be guaranteed by the cotton blending technology and the proficiency level of workers, and high-grade cotton may not spun high quality cotton yarn. Purchasers are more cautious. On the one hand, the pickup price of India cotton S-6 and J-34 ginning plants since June 1st
In addition, the quotation of imported yarn FOB and CNF continued to rise, causing traders to worry about whether Chinese enterprises can digest or attract.
Judging from the survey, since the beginning of July, the import yarn stock of China's main ports has not increased significantly, still maintained at 7.5-8 million tons, mainly in Vietnam, India, Pakistan, Uzbekistan, Indonesia and other places, and C32S and below counts of cotton yarn accounted for more than 85%.
In June, foreign cotton mills, export enterprises and Chinese textile factories and traders did not expect that the domestic cotton prices would go up wildly in the near future, and the spot price rose 1500 yuan / ton in just 1 months. The internal and external cotton yarn "upside down" phenomenon disappeared, and the low count yarn and low yarn order returned from Southeast Asia were once again "diverted". In addition, the production capacity of India, Pakistan and other cotton mills declined, and the supply capacity declined. For Chinese enterprises, it was too late to make up the bill. On the other hand, since the late June, domestic manufacturers and middlemen were very active in inquiring and demanding goods for OE10S-21S, and their inventory declined continuously, and the new imported yarn was less than the shipment volume. Some import companies finally waited until the imported yarn "volume and price rose". On the one hand, 5
The price of imported yarn in OE yarn is very active.
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