The Trend Of "Hanging Upside Down" Of Internal And External Yarns Has Been Enlarged.
According to traders from Qingdao, Ningbo, Shanghai, Guangzhou and other places, since mid February, not only low price of siro spinning, but also low turnover in Pakistan, and even the storehouse of C21 -32S jet spinning and rapier looms in 12 and January were also weakening obviously, and the sales of JC20S-JC32S India, Vietnam and Indonesia have been weakening for four weeks. Nantong, Changzhou, Weifang, Zibo, Zibo, and so on imported yarn orders and consumption areas were "quiet".
The analysis of the industry has caused the Chinese textile factories and middlemen to "not buy" or even strongly contradict imported cotton yarns. The main reason is that the outer yarns "lift up their stones and hit their own feet", which are not worthy of sympathy and care.
Inner yarn
The signs of replacing the outer yarn are becoming more and more obvious.
First of all, the trend of internal and external yarn hanging upside down.
India's domestic cotton prices continued to rise in 12 and January (the price of S-6 ginning factory rose from 72-73 cents / pound to 83-84 cents / pound). The profit of the mill was narrowed and forced to substantially raise the quotations of cotton yarn FOB, CNF and CIF to pass on the cost risk. In addition, the ICE futures rose more than 500 points during the Spring Festival, and the spot prices of cotton, Central Asia cotton and African cotton were followed up. The cotton yarn from Vietnam, Pakistan and Indonesia also rose with India yarn, and the direct result was the price of the port's customs clearance, futures yarn Quotations (customs clearance and RMB price), and the price of the bleached yarns at home and abroad.
Textile mill
Ex factory price "hang upside down" 700-1000 yuan / ton, foreign yarn talk about competitiveness?
Second, the reserve cotton wheel is sent to the cloth factories and garment factories to "provide the bottom".
According to the announcement of the national development and Reform Commission and the Ministry of Finance (Ninth 2016), in 2017, the sale of cotton reserves will start in March 6th, and the deadline will be set at the end of August. The daily sales volume will be 30 thousand tons.
The understanding of downstream enterprises is as follows: first, 2017 rounds.
Reserve cotton
Second, the reserve cotton is dominated by medium and low quality and low color resources, and the domestic small and medium sized spinning and weaving factories are facing the opportunity of high load starting production. The supply of cotton yarn with 40S and below will increase greatly. When imported yarn has no advantage in terms of price, quality, delivery and settlement, what is the same as domestic yarn? Third, from Cotlook A, CNCotton B and CCIndex 328 index. In 2017, the reserve price of cotton is 15000-15300 yuan / ton, but considering the quality and quality of reserve cotton is relatively large, so the price of cotton and cotton yarn is a shock. The resources are very abundant and are expected to be no less than 3 million 500 thousand tons.
Again, after the festival, grey cloth and clothing reported "thunder and rain little", and the industrial chain "intestinal obstruction" problem is outstanding.
According to the survey, after the Spring Festival, CF1705 contracts rose nearly 1200 yuan / ton, cotton spot rose 400-500 yuan / ton, cotton yarn increased from 500-800 yuan / ton, and some of the weaving materials of the weaving factory tried to raise 0.10-0.20 yuan / meter, but it was immediately opposed by the garment factories and foreign trade companies, and most of the actual paction prices were still executed according to the contract before the Spring Festival.
In the face of the "unscrupulous" rise of the outer yarn (Vietnamese yarn, India yarn, etc.), Chinese buyers can only take the reduction or even suspend the order, and increase the purchasing strength of the domestic yarn which is smaller and the price can be negotiated.
Some foreign trade companies say that because foreign customers have difficulty in accepting "fixed exchange rate" and RMB settlement, therefore, taking into account the risk of RMB depreciation, most domestic garment factories and cloth factories in the medium and long term orders adopt the "avoidance" attitude.
For more information, please pay attention to the world clothing shoes and hats net report.
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