September Domestic Cotton Yarn Market "Not Too Hot" How To Do?

At the end of the G20 summit, the printing and dyeing enterprises in textile and garment industry began to pack their bags and start again.

Orders for trade companies have been gradually implemented. Recently, the main body has been laid out in small quantities. Later orders will increase. But with the tight delivery period, the market demand is generally low, customers' willingness to receive orders is not strong, they are mainly based on old orders.

Since September

Steady growth, not expected now gold nine silver ten frenzy, cotton yarn overall stable, the paction is deserted, the market is still low.

The international cotton market is affected by the holiday, the market is cold, the quotation of imported cotton is steady, the spot quotation is slightly increased, and the recent cotton reserve is coming to an end. Yesterday, the reserve cotton market resources are still only 25 thousand and 700 tons. In the morning, all the cotton reserves were sold, and the average price of the cotton business rose to 13790 again. With the closing of the cotton auction, the textile enterprises are actively stocking up, and the resources of the reserve cotton market are reduced from 30 thousand tons to 25 thousand tons.

The market anticipate that speculative traders will again raise the issue of daily volume, such as the issue of late day volume, and then be hyped up, or the market may be fired again.

at present

It is the area where new cotton is bought earlier. The price is still at 6.5-7 yuan / kg, and cotton price has not reached the expectation of cotton growers.

In the long run, domestic cotton is still in the cycle of consuming large quantities of cotton stock. Later, it is very difficult to recover the output before long.

Strong shocks.

In the short term, the amount of reserve cotton is decreasing, and the reserve cotton price increases positively. The market is expected to be stronger before October.

The previous G20 summit led to many downstream textile enterprises dyeing and printing enterprises to cut production and stop production.

Even some printing and dyeing enterprises directly shut down, pure cotton yarn delivery atmosphere is cold.

A large quantity of cotton yarn has slowed down the price of cotton yarn, but the price has continued to decline.

Downstream orders are still unable to meet the needs of the small peak season.

Downstream there is no substantial big order to reverse the situation, spinning enterprises do not have confidence to continue.

Most of them are shipped at a price basis, and prices continue to decline. In the case of cotton prices gradually stabilized, the recent decline has slowed down.

The order of dyeing plant is basically full and full load production.

The guests of hemp varieties began to place orders gradually, and the volume of the latter would be increased.

Coupled with the rapid expansion of spinning capacity in Xinjiang in recent years, the quality and capital cost advantages make it rapidly replace imported cotton yarn. At the same price, downstream weaving factories are more inclined to domestic cotton yarn, on the one hand, quality is stable. On the other hand, Xinjiang yarn is expected to further occupy the import yarn market share in the high-end cotton yarn market, and to a certain extent, it will benefit domestic demand.