The Yarn Market Of Polyester Cotton Yarn Is Very Complicated.
According to Qingdao, Ningbo, Guangzhou and other places of cotton yarn traders, since mid March, Vietnam and Indonesia yarn have a small number of inquiry and paction, while India 4/5 months shipping yarn almost no new signing; Guangdong, Jiangsu, Zhejiang and other places, weaving factories, middlemen to Port Bonded Imported OE yarn, Pakistan low siro spinning, India big factory brand A+, A yarn orders enthusiasm continued to decline, overall look not only imported "futures" yarn downturn, port spot also significantly lower than February.
According to some media and exhibitors, though
The fourteenth China International Textile yarn (Chun Xia) Exhibition
The yarn exhibitors in India once again assembled the "group" exhibitors, and the number of cotton yarns covered from OE yarn to JC100S, but because yarn FOB, CNF, CIF quotation were significantly higher than other origin, the same count yarn, plus more than 40S cotton count need to be placed 2 months ahead of schedule, so the current field attention is not high, almost zero turnover.
Industry analysts, India, Pakistan domestic cotton prices strong lead to a very limited price space for the mill.
ICE cotton main contract continued at 77-80 cents / pound oscillation, the United States cotton is about to "oversell" and the global cotton consumption is relatively strong, and the uncertainty of the external market is increasing, and so on to India cotton enterprises, traders speculation opportunities.
From the survey point of view, as the India rupee increased sharply against the US dollar recently, the cotton supply statistics of India Cotton Association decreased by 7.6% as compared with the same period last year by the end of February. The quotation of S-6, J34 and MCU5 in India has rebounded again. Among them, India S-6 dollar quotation has been innovating to a new high level.
On the other hand, since March 6th, the sale of cotton reserves has been less than two weeks trading time, the turnover ratio has decreased from 100% to 70.42%, and the average daily paction price has also decreased from 15476 yuan / ton to 14710 yuan / ton; while the disk price of zhengmian 1705 contract has dropped from 16500 yuan / ton to below 15200 yuan / ton, the cost of cotton yarn in C40S and below has dropped considerably compared with that in 1 and February, and the pressure of callback of most cotton mills and traders on combed yarn and OE yarn has been increasing.
Domestic yarn
Competitiveness shows itself.
On March 15-17, the quotations of "C32S" and "India customs" after the customs clearance were over 1500 yuan / ton, and the difference between Vietnam and C32A was 1000-1200 yuan / ton.
Garment factory
The attention and purchasing strength of weaving enterprises to domestic yarn has been increasing.
A sharp contrast to the sluggish signing of imported cotton yarn is that the T/C yarn and CVC yarn produced by some cotton mills in Indonesia, Vietnam and India are more active than in 1 and February, especially in Indonesia, where T65/C35 45S, T65/JC35 32S and high polyester cotton OE yarn are relatively active.
Middlemen in Qingdao, Zhangjiagang and other places indicated that since 2017, the proportion of imported polyester cotton and polyester viscose yarn has increased, and some cotton yarn traders have shifted their focus to blended yarns.
In the middle of March, the price of PTA and 1.4Dx38mm polyester staple fibers had collapsed, and the profit of the cotton mill has been rebounded in the middle of March. Secondly, the domestic cotton mill has been the main runner in the domestic small and medium size mills, with the OE yarn and the C40S ring spinning all cotton yarn as the main part, while the production of the blended yarn, especially the high grade OE yarn and the high count polyester cotton yarn, has declined, and the supply and demand stage gap. Again, in March, the proportion of orders for foreign trade companies and garment factories rose in autumn and winter, and the consumption of "T/C", "T/R" and "C/R" yarn arrived. First, the recent crude oil prices fell sharply.
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