Premarket Cotton Yarn Sales Market Presents A "Small Spring" Market

According to traders in Qingdao, Guangdong, Ningbo and other places, the imported yarn imported into the bonded warehouse since January has been mainly dominated by medium and low branches (21S below ring spinning and OE yarn), while the supply of air-jet looms and rapier looms used in C32-40S package bleaching has declined.

Because the price advantage of C8-16S Pakistan siro spinning compared with domestic yarn has been gradually reduced, and with the opening of some small and medium-sized weaving factories and traders near the Spring Festival, there are some difficulties. Therefore, the inquiry and paction of low count Pakistan yarn are lighter.

For pre season low ring spinning, OE yarn spot inquiries and paction brief warming, India, Pakistan cotton mills, traders generally see very light, think that the duration will not be long, and because of the Loom factory, middlemen pre stocked up to the mid February sales of imported yarn is a bad.

For the premarket cotton yarn sales market showing a "small spring" market, the industry generally analyzed the reasons are as follows:

First, the quotations of imported "futures yarn" have risen substantially.

Due to the continuous rise of cotton prices in India in the past 1 months, the factory price of S-6 has risen from 71.5 cents / pound to 78.30 cents / pound. The cotton mill has been depressed by the pressure of raw materials. "Futures yarn" quotations also rose by 0.12-0.15 US dollars / kg; the cotton mills in Pakistan and Vietnam were also rising with India yarn because of the high price of cotton, "ICE", "cotton" and other origin cotton, and the rising cost of energy and labor costs.

Two. Preventive actions of looms and middlemen before the festival.

。

From the survey point of view, this year, the domestic cotton mills generally "late holidays, long holidays", some small and medium cotton mills even before mid February to return to work, production, orders, for raw materials, "buy with you, look at the order," the weaving factory, garment factories have to prepare a small amount of stock in advance, in order to avoid affecting processing and delivery.

In addition, some downstream businesses who are unable to complete the order before the festival are worried about the sharp fluctuations in cotton and cotton prices after the holiday and the exchange rate adjustment, so as to negotiate with the mills in advance to lock the price and quantity of yarn resources by paying the deposit, accepting bills of exchange and domestic letters of credit.

Some textile enterprises in Hebei, Shandong, Jiangsu and other places indicated that the price of grey cloth and cotton yarn has been showing an "upside down" market in recent days, supporting the whole industry chain confidence.

Three, the "sequelae" of small and medium size mills have been reduced.

Xinjiang cotton and real estate cotton prices were 15800-16000 yuan / ton, 15300-15500 yuan / ton first line, and did not decline along with the sharp fall in the contract. A large proportion of small and medium-sized mills and weaving factories had to cut down production after nearly 2 months' production and sale. After that, the supply of C32 and below ring spinning and OE yarn continued to decline, and the printing and dyeing enterprises that did not meet the environmental requirements have ceased production and rectification, although the overall cost rose by 0.50-0.80 yuan / M. Although the dyeing factory was working overtime to rush to order, there were still a large number of orders being pushed to the end of 11 months or even later in mid and late April. In 11 and December

Recently, some Jiangsu, Zhejiang and other land gas spinning factories said that spinning profits were not good, and imported India and Pakistan yarns were constantly devouring the country.

。

Since mid January, Vietnam, Ningbo, Qingdao and other ports Vietnam C21S, 32S knitting spot price 20300-20500 yuan / ton, 21800-22000 yuan / ton; and India C32SA knitting spot quotation is also 22000 yuan / ton, and two JC32 knitting quotation at 23800-24000 yuan / ton, India and Vietnam yarn no difference; Pakistan C21S knitting quotation is lower than India yarn, Vietnamese yarn 300-400 yuan / ton, but because of cotton level, machinery and equipment and worker proficiency, and so on, Pakistan yarn competitiveness is stronger than India yarn but lower than Vietnamese yarn.

A trader in Jiangsu said that compared to Pakistan yarn, Vietnam and India yarn imports were mainly concentrated in C21-40S, JC21-32S and JC21S/2, JC32S/2, while the focus of Pakistan yarn was

C8S, C10S, C16S, C21S and C21S knit. Chinese buyers are very interested in ordering high count combs and combed yarns.

On the one hand, since March 6th, the reserve cotton rotation will be fully opened. A large number of medium and low quality cotton will once again flow into the small and medium sized spinning mills and weaving factories. The cost of Chinese enterprises will obviously decrease. The difference between OE yarn, C21-40S and imported yarns will be narrowed or even "upside down". Downstream purchases will be pferred to domestic yarns, and the "bitter days" of imported yarns are not far away; on the other hand, the strong expectation of RMB devaluation and the trend of Sino US trade policy are full of uncertainties. The import of cotton and cotton yarns by Chinese weaving factories and traders will be more constrained and restricted.

In addition, the main contract of ICE continues to consolidate at 71-75 cents / pound. India S-6 cotton price is difficult to recapture because of CCI storage, slow listing and exchange rate. Therefore, the "futures yarn" has great resistance to reduction, and the low count yarn will be "recovered" by China's cotton mill.

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