India Yarn Began To "Force" What China'S Textile Enterprises Are Competing For.

According to preliminary statistics, as at the end of November, the yarn import volume of China's main ports was about 9.0-9.2 million tons, representing a substantial increase of nearly 10 thousand tons compared with the end of October. And from the declaration of some large traders and weaving mills, the arrival and delivery of goods in December will continue to show momentum. At the end of December, imported yarn bonded stocks or exceeded 100 thousand tons.

It is noteworthy that the India yarn exported to China in 12/1 months has shown signs of "strength". Some India mills and exporters expect to be able to export cotton yarn to the Chinese buyers like Vietnam and other ASEAN countries.

Taking into account the November, Vietnam, Indonesia and other cotton mill orders have been discharged after January 2017, plus ICE, cotton spot prices "high", while Pakistan and India cotton cancel the import license, so short term Vietnam, Pakistan and other cotton mills are difficult to make a big contribution.

The factory price of India S-6 and the quotations from the Far East port are 73 cents / pound, 76 cents / pound, 3500 yuan / ton and 3000 yuan / ton respectively with the domestic cotton price difference.

According to customs statistics, in October 2016, China imported about 140 thousand and 700 tons of cotton yarn, a decrease of 8.59% in the ring ratio, of which 52 thousand and 800 tons of Vietnamese yarn imported accounted for 37.53% of China's imports in that month, ranking first, and imported 24 thousand and 500 tons of India yarn (17.4%), which was more than Pakistan yarn (16.6%) and returned to second.

Some port cotton yarn traders and India cotton mills indicated that the 11/12/1 yarn weaving factories and traders in India had higher enthusiasm for ordering Qingdao yarn, and the shipment situation of Qingdao, Zhangjiagang and Guangzhou Port Bonded India yarn was also significantly stronger than Vietnam and Pakistan yarn. Therefore, the gap between China's imports of India yarn and Vietnamese yarn in November will be further narrowed, and it is not possible to overtake Vietnam's yarn imports and even surpass it in 12 and January.

On the one hand, 11/12 month sailing date.

The quotation of yarn is still much higher than that of India and Pakistan yarns. "The goods are not beautiful, the price is not cheap" is the main reason for Chinese buyers to turn around and turn to India cotton mill.

Such as C32S jet and C32S rapier, Vietnam brand yarn quotation is higher than India cotton mill 0.08-0.10 US dollars / kg; on the other hand, Vietnam small and medium size cotton mill is mainly (10 thousand spindles below scale), and is not the main producing country of cotton, the stability of spinning and matching cotton is poor (with most cotton, India cotton, Brazil cotton, Central Asia cotton and so on), there are great differences between different batches of cotton yarn, different production dates and even different containers.

Recently, traders in Shandong, Jiangsu, Zhejiang and other places responded that enquiries and pactions in imported JC32S, C40S and above high combed and carded yarns were still very low. In order to reduce the pressure on funds and to return money before the Spring Festival as soon as possible, traders and India, Vietnam, Uzbekistan and other cotton mills and exporters were negotiating for shipment for 1 months. Some traders were contacted with foreign mills, and the 12/1 month supply contract was adjusted to C10-32S ring spinning or even OE yarn.

Mainly since the middle of November, domestic 32S and below

Shipment is not bad in the off-season.

And the 21S, 31S and OE10-21S used in the jet industry showed a trend of "small price increase and small volume increase". The profit of imported yarn with C32S and below was significantly higher than that of high count yarn and combed yarn.

A trader in Qingdao calculates that at present, the quotations of C21SA and C32SA in India are respectively 2.48-2.52 USD / kg, 2.62-2.65 USD / kg (CNF price), the price of RMB after clearance is less than 500-1000 yuan / ton of domestic yarn, but JC32S and C40S have almost no difference at home and abroad, and the cost of imported India yarn above JC40S or above is even "hanging upside down" with domestic yarn.

Before the festival, traders are in urgent need of cash reallocation, loan repayment and other expenses. The characteristics of "short, flat and fast" are obvious, while those with high import yarn are mainly "long term, stable and convenient".

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