China'S Cotton Yarn Prices Are Rising, Import Yarn Has A "Comeback" Trend.
In mid November, the quotations for C21S, C32S and JC32S arriving in India were $2.43-2.45 / kg, 2.55-2.60 USD / kg, 2.85-2.90 USD / kg (CNF quote), and the price difference between internal and external yarn increased to 1000-1200 yuan / ton, attracting Chinese buyers to place the order.
It is estimated that the number of outer yarn will continue to increase in 11-12 months.
Traders reflected that because of the rising price of Chinese cotton yarn, imported yarn had a "comeback" trend. Especially India and Pakistan yarn were welcomed by domestic yarn businesses for their price advantage.
Up to now,
Import yarn
Inventories increased to 85 thousand tons, an increase of 10 thousand tons compared with the first half of October.
Mainly concentrated in Qingdao, Zhangjiagang, Guangzhou, Ningbo, Shanghai, Tianjin and other ports.
Affected by the rising price of PTA and MEG, the price of polyester staple fiber in Pakistan has risen slightly, and the price of blended yarns has been raised, and domestic and export market demand is active.
Due to insufficient supply of cotton in Pakistan, cotton prices have always been higher than polyester staple fibers. In order to reduce production costs, Pakistan textile enterprises adjust the proportion of polyester and cotton and reduce the use of cotton.
According to statistics, last week
Pakistan
Polyester staple fiber prices rose 1 rupees / kg, an increase of 0.86%, polyester cotton yarn and polyester viscose yarn prices rose 1 rupees / pounds.
Viscose supply is expected to stabilize in the coming week, and the price of polyester viscose yarn will be reduced, and the price of cotton yarn will remain strong.
At present, Pakistan textile enterprises actively replenish cotton stocks, and the cotton price in the cash market of the caiera is about 6000 rupees / Mende.
The quantity of imported yarn in Qingdao port is about 25 thousand tons, up 5 thousand tons from half a month ago, and the main source countries are India, Pakistan and Vietnam.
The quantity of imported yarn in Zhangjiagang was about 21 thousand tons, up 3 thousand tons from half a month ago, the main source country.
India
Pakistan, Indonesia, Vietnam and Uzbekistan.
The number of imported yarn in Guangzhou port is about 16 thousand tons, up 1 thousand tons from half a month ago. The main source countries and regions are India, Indonesia, Vietnam, Pakistan, Uzbekistan, China Taiwan, the United States and so on.
The quantity of imported yarn in Ningbo port was about 11 thousand tons, which changed little compared with half a month ago, and the main source countries were India, Pakistan, Vietnam and so on.
The quantity of imported yarn in Shanghai port is about 11 thousand tons, up 1 thousand tons from half a month ago, and the main source countries are India, Pakistan and the United States.
The quantity of imported yarn in Tianjin port was about 1 thousand tons, which changed little than half a month ago.
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