Cotton Yarn Prices Continue Upward Trading Also Signs Of Recovery

Hebei Shijiazhuang for three consecutive days of fog and haze finally dispersed, but ushered in a small to moderate rain, accompanied by fine snow along with it, the entire cotton textile industry has not been affected by the impact.

In recent years, the price of cotton yarn continues to uplink in the Beijing Tianjin Hebei region with heavy external pollution and some external objective effects.

According to feedback from some textile companies, recent enquiries have increased and trade has also shown signs of recovery.

On the same day, a textile manufacturer in Shijiazhuang said that there was a shortage of raw material supply in the near future.

Their factory has been insisting on buying and using this year this year, but the recent high-speed road closure and rain and snow conditions have made it impossible for them to purchase cotton in their surrounding areas.

As of 21, cotton producers in Baoding, Cangzhou and Xingtai will quote 16600 yuan / ton of "double 28" Xinjiang hand picked cotton, plus freight to factory cost of 16900 yuan / ton.

In addition, the price of real estate cotton is stable. As of 21 days, the local 3128 grade bales of cotton cost about 15800 yuan / ton, but some ginning plants require cash to pick up the goods. Otherwise, no matter how high the price is, they will not be sold.

According to feedback from an enterprise in Liaocheng, Shandong, the number of downstream enterprises who have come to the factory for enquiry and trading has not been increased recently, but telephone enquiries have not increased much.

"Look at the trend. Recently, yarn may be sold or blowout after the end of bad weather such as fog and haze."

The official said that the downstream fabric manufacturers also because pportation problems, raw materials are difficult to meet the demand.

Moreover, as the weather turns cold, the downstream fabric enterprises may purchase cotton yarn for a rainy day.

"Cotton yarn materials continue to rise, and cotton yarn sales also hope, many textile enterprises began to continue to raise the price of cotton yarn."

On the 21 day, the head of a factory in Shandong said that the factory was producing pure cotton yarn, blended yarn and pure polyester yarn.

Prices continued to rise slightly by 100-150 yuan / ton, of which the price of 21S and 32S was 21300 yuan / ton, 23700 yuan / ton respectively, and the price of blended yarn rose 200-300 yuan / ton. On the 12 day, the price of 21s 65/35 of polyester cotton yarn produced by the factory was 14500 yuan / ton, and the price of 32S 65/35 was 15500 yuan / ton.

The price of pure polyester cotton rose slightly. On the same day, the price of pure polyester yarn 21S was 12000 yuan / ton, and the 32S price was 13000 yuan / ton.

According to analysis, the price of polyester cotton yarn and pure polyester yarn has been rising continuously. With the price of pure cotton yarn driving, the recent rise in chemical fiber prices is inseparable.

As of 21, the price of 1.4D direct spinning polyester staple in Jiangsu, Zhejiang and Hebei was 8500-8650 yuan / ton, raw materials were rising, and yarn prices were rising at the same time.

According to the industry analysis, the recent haze, the government heavy blow pollution and external oil, chemical fiber and other products prices rose, right.

Strong support is formed, and it is expected that cotton inflation will continue to catch up in the near future.

At present, Zheng Shang has innovatively set up a cotton pfer intermediate store in Xinjiang. Cotton Xinjiang production, Xinjiang inspection, Xinjiang registration, cotton pfer warehouse receipt delivery unit, inspection method, inspection institution, delivery standard, time pfer mode, independent pairing delivery method, warehouse receipt margin deposit, bank pledge and other functions are all the same as the standard warehouse receipt.

If the pfer warehouse receipt is to be converted to standard warehouse receipt, only the problem of pportation from Xinjiang to the mainland will be left. The pport time will be flexibly resolved by the warehouse holder and the delivery pfer bank according to the tightness of railway pportation.

In addition, to help farmers in poor areas of Xinjiang to get rid of poverty as soon as possible and reduce farmers' Cultivation

Risks, Zheng Shang and a number of futures institutions and other parts of Xinjiang also launched the "insurance + futures" business.

In early November of this year, the signing ceremony of the first "insurance + futures" innovation pilot project in Xinjiang was held in Shache County, Kashi, Xinjiang. The PICC and the South China Futures wholly owned subsidiary, Nanhua capital, signed the "cotton insurance + futures" innovation cooperation agreement, and issued a cotton price insurance policy to 25 cotton growers.

The reporter learned from Zheng Shang that in the future, Zheng Shang will also focus on the development trend of China's cotton industry to Xinjiang, strengthen the training of futures business for cotton related enterprises in Xinjiang, and actively promote the establishment of cotton futures valuation points and delivery repository in Xinjiang.

For more information, please pay attention to the world clothing shoes and hats net report.