Domestic Cotton Has Stagflated And Cotton Yarn Has Gradually Become Active.

Recently, domestic cotton has stagflated.

February 20th Xinjiang lint spot "double 29" hand picked cotton platform delivery price of 16200 yuan / ton, compared with last Friday.

The price of the 3128 grade machine picked cotton in the southern Xinjiang is 15500 yuan / ton, and the fluctuation is not large in the near future.

Individual cotton enterprises and Cotton Traders give the downstream manufacturers about 100 yuan / ton profit margin during the actual paction process.

In the mainland, as of February 20th, the price of the 3128 bales of cotton in the the Yellow River River Basin was about 16000 yuan / ton, and the 4128 level was 15600 yuan / ton. The price remained stable in the near future, and some individual cotton enterprises planned to cash in the stock before the storage cotton wheel came out.

There is a stagflation in cotton, and even some people are worried and worried about the fall of cotton. Why?

The price of US cotton fell down last week (February 13-17). The ICE5 contract closed at 75.01 cents / pound in February 16th, compared with 77.09 cents per pound in the same period of March. It fell 2.08 cents / pound.

And after the two day of the rally, the price of zhengmian is also weakening. As of February 17th, the CF1705 contract of Zheng cotton was closed at 15515 yuan / ton, down 330 yuan / ton compared with 15845 yuan / ton in the same period of the previous week, and the futures price fell, and the spot market of the empty cotton lint.

At present, some spinning enterprises in China have already started work in full scale, but most of the spinning enterprises are stocking up years ago, and there is no desire to purchase large quantities of goods. Even if they want to replenish the warehouse, they will continue to use the low inventory strategy that is purchased or small batches and lots of batches, and are expected to be affected by the national rotation. This will aggravate the mood of the textile enterprises, and Liao Wuji, a lint trader, will restrain the lint market.

At present, it is only two weeks away from the reserve cotton rotation. If the cotton reserves are released in March 6th according to the plans of the relevant departments, the daily listing will remain at 30 thousand tons.

After the domestic cotton market will show an oversupply situation, once the pressure comes out, the cotton price in later stage will be under downward pressure.

However, at present, the purchase and sale of seed cotton has entered the late stage, and there are not many sources of leftovers in the market, and because of the low rate of overall start-up of cotton enterprises in recent years, the manufacturers have a relatively limited supply of lint goods, and are not willing to sell at low prices.

Generally speaking, the short term lint rise is limited by the impact of the coming out of cotton reserves and poor demand, and the domestic cotton market will be oversupplied after the rotation.

Gradually become active and maintain quotations, and individual varieties offer an upward trend.

The demand for C32S and JC40S is better, and other specifications are generally traded. Cotton yarn increases with the price of raw materials, and R10S turnover is relatively large.

Pure polyester T45S sells well.

Polyester cotton yarn and polyester viscose yarn also rose slightly with the increase of raw material prices, but the volume of T65/R35 32S/2 and 40S was acceptable.

But now the Spring Festival is gradually fading away, and most of the mills are back to normal.

Combed pure cotton yarn shipments are relatively general.

Stabilization is the main adjustment. JC40S price of a factory in Henan is 26800 yuan / ton.

The price of polyester cotton yarn is stable, and the goods are still available. A factory in Shandong has quoted 15800 yuan / ton of T80/C20 21S.

According to customs statistics, China imported 174 thousand and 300 tons of cotton yarn in January 2017, up 7.92%, 13.59% of the ring ratio, 28 thousand and 300 tons of cotton yarn for export, 6.95% over the same period, and 9.13% of the ring ratio.

In 2016/17, 849 thousand and 500 tons of imported cotton yarn were imported, 5.54% less than the same period, and 142 thousand and 400 tons of cotton yarn exported, up 15.42% from the same period last year.

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