Few Cotton Reserves Have Become The Focus Of Market Competition.

At present, there are some areas in southern Xinjiang and Northern Xinjiang. The purchase price of seed cotton is more than 6.5-6.8 yuan / kg, and the price of new cotton is over 14000 yuan / ton. Compared with the same quality reserve cotton, it has 500 yuan -1000 yuan / ton discount.

In the middle of September, only half a month or so left behind the reserve cotton. Only a few of the reserve cotton became the focus of market competition.

Therefore, since September 6th, the turnover rate of cotton reserves has been continuously higher than 90%, and volume and price have increased.

In the near future, the unit price of printing and shipping is obviously lower. The low price of individual resources is 4-5 cents lower than the mainstream price of the market.

The India factory's "letting price" reflects the factory's reputation and a certain degree of "advance and retreat" with downstream traders. It is also a risk control behavior between buyers and sellers in a big drop.

Traders generally believe that the credibility of the India factory is better. This is also the reason why some traders are willing to cooperate with India cotton mill when the market is at risk.

downstream

Warming is another major factor affecting prices.

After the G20, the factory which was previously restricted production was restarted, and the order volume has also been restored, especially the 32 below medium and low count yarn.

However, after printing 32 rebounds to 22000 yuan / ton, the price continued to rise, and the price was even or slightly higher than that of domestic yarn.

The market outlook is more cautious, and it is expected to fall back after the end of the peak season.

At present, the overall cost of imported yarn is still high, basically between 22800-23500 yuan / ton, and the overall port volume is relatively small.

Affected by seasonal orders,

Goods have been quickened.

At present, the competitiveness of China's low and medium air spinning domestic yarn is somewhat higher than that of imported yarn.

The reason is that domestic combed noil is used more frequently in air spinning, and the cost is easier to control and the strip is better.

In the first two years, the cost of foreign cotton was much lower than that of China, and the impact was serious.

The price of internal and external cotton is in line with the advantages of low and medium branches.

Two, India uses more raw cotton to produce spun yarn, and domestic cotton prices remain high.

Many spinning enterprises change their production to produce high count yarn, and the production of medium and low branches decreases.

Three, the spinning capacity of Vietnam and Pakistan is smaller than that of ring spinning and siro spinning.

In addition, the bankruptcy of Hanjin, the largest shipping company in the world and the 8th largest shipping company in the world, has caused a global trade storm. The company also carries part of the shipment of cotton yarn in Pakistan and India.

Although the current shipment has gradually returned to normal and has come to Hong Kong in succession, but because the cost of the goods is still high, individual traders therefore refuse to pay.

On the outside side, India's yarn has experienced a sharp rise and fall and then stabilized.

The price of the 32 ring spinning dropped from the highest price in late July to US $3.05 / kg to 2.58 US dollars / kg at the end of August, and dropped by 15.4% in one month.

This is mainly because the amount of previous orders has caused some factory inventory backlog, and even at the expense of "big sale".

Price reduction, India textile enterprises to achieve significant inventory results, and then the yarn price also rose to more than 2.7 U.S. dollars / kg, because there is still nearly two months from the new domestic flower listing in India, India cotton prices in the short term still have strong support, coupled with the closure of some factories or conversion of yarn production capacity decline, it is expected that the price of India yarn is still stable in the short term, and the impact on domestic yarn is limited in the short term.