China'S Cotton Market Has Been Promoted By The External Market Of The Spring Festival.

In the whole domestic textile industry, the general trend is still good.

According to the National Statistics Bureau's statistics on the profits of Industrial Enterprises above Designated Size in 2016, in 2016, the total profits of 29 industries in 41 industries were increased, 1 were flat, 11 were reduced, and the textile industry increased by 3.5%.

In addition, under the influence of "one belt and one road", the pressure of textile exports will continue to be eased in 2017.

At the same time, under the strategic background of vigorously implementing the supply side reform in our country, the tradition

The industry will gradually become capacity oriented, and the pace of restructuring of textile industry will be accelerated.

The fundamentals remain unchanged for a long time, and the trend of the textile industry is generally good.

On the one hand, the strong export of US cotton and the decline of the US dollar index pushed cotton prices up sharply. According to the US Department of agriculture statistics, the net contract volume of 1.13-1.19 cotton exports to us was 104 thousand tons, an increase of 32% over the previous week, an increase of 65% over the previous four weeks, reaching a new high this year, pulling cotton prices up.

At the same time, due to the "ban on Muslim" ban, the US dollar fell and the US dollar index fell to below 100. The fall of the US dollar also played a certain role in promoting the growth of cotton. On the other hand, the impact of India's US cotton and the domestic waste on the speed of lint listing did not end. India's cotton industry also maintained a strong strength. As of 2.1, India's MCX cotton was 20590 rupees / pack, which rose 300 rupees / bags compared to the holidays.

The domestic cotton market is confident enough to boost cotton prices.

Because of the turbulence in the cotton market in 2016, textile enterprises have little stock of cotton and cotton yarn in order to control risks. According to feedback from some enterprises, the finished product inventory of large textile enterprises is generally 15-20 days, and small and medium-sized textile enterprises are in 10-12 days, and the overall decline is 1-2 days compared with the same period.

It is understood that this year

Employees return to work for 5-7 days ahead of schedule, and most of them are full load production, which indicates that the production and marketing trend of textile is better.

On the one hand, inventory is at a low level. On the one hand, the demand for cotton has increased significantly, making cotton spinning industry full of confidence and a great boost to cotton prices.

Cotton has started to rise, and the downstream cotton yarn market is rising.

According to price monitoring, in February 3rd, the price of 21S high quality knitted pure cotton yarn was 22600-24500 yuan / ton, up 18.19% over the same period last year.

This year cotton yarn enterprises generally started earlier, and downstream demand is expected to be better. It is understood that a textile enterprise in Shandong has officially resumed in the sixth year of the year, and the downstream manufacturers have already had telephone inquiries, indicating that they have strong willingness to place orders.

During the Spring Festival, the strong export of US cotton and the US dollar index led to the rise of US cotton. The domestic cotton prices in India also performed well, leading to a good start in the cotton market. At the same time, domestic cotton market confidence was generally enough to boost domestic cotton prices.

But with the expectation of the coming out of the national cotton store and the increase in the enthusiasm of cotton planting, the output is expected to rise, to a certain extent, which prevents the cotton from rising sharply. Therefore, the possibility of continuous rising of cotton prices is very small. We should avoid blindly catching up.

Generally speaking, domestic

In the near future, there are basically good prospects, and short-term cotton prices are expected to be strong.

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