Cotton Reserves Continued To Decline, And Textile Companies Were Half Worried.

The whole market is short of popularity recently. There are people in the industry who believe that the recent cotton prices are expected to be bottomed. There is a great possibility of a rebound in 4 and May. Cotton companies at this time are taking good opportunity to analyze goods as follows: cotton reserves continue to decline and the recent narrow oscillation. There are two characteristics of cotton reserves in the past week: first, the turnover rate remains low; in March 31st, the cotton turnover rate dropped to 58.19%; two, the price fluctuated narrowly, and the ups and downs were all difficult. In March 31st, the average price of cotton reserves rose by 120 yuan / ton compared with Monday. After 1 months' adjustment, reserve prices have bottomed out, and the recent oscillation is building up this foundation, laying the foundation for the next step up.

Since early March Reserve cotton So far, real estate cotton spot has dropped 400-500 yuan / ton. By the end of March, the decline has been less obvious, and some regions have even begun to stabilize. As of April 1st, 3128, 4128, and 2227 grade cotton prices in the mainland were 15500 yuan / ton, 15100 yuan / ton, 14700 yuan / ton respectively, compared with yesterday. In addition, according to some cotton enterprises feedback, up to now, the cost of real estate cotton after a long time warehouse is mostly 16000 yuan / ton, and the cost of real estate cotton is 500 yuan / ton upside down.

The price of some PET staple manufacturers has reached 8000 yuan / ton below 7800 yuan / ton, viscose staple high-end price of 17000 yuan / ton, middle end 16500 yuan / ton up and down. The price of bulk raw materials has been constantly cut down, making downstream textile enterprises suffer from mixed feelings, the temporary cost has been reduced, and profits have been rising from negative to positive. But it is worrying whether the price of yarn will decrease with raw materials in the later stage, resulting in fierce competition in the market for price war.

Recently, sales volume of C32S and 40S in Shandong, Henan and other places is basically stable. Spinning enterprises Low inventory, low yarn slightly weak, the price is generally stable, the spanaction yield situation. Most of the cotton yarns of Hebei Shandong and Henan are made of workmanship fabrics, and the export volume is very large, resulting in the large and stable amount of polyester cotton yarn. Although the profit is thin, the order is not worried.

Faced with the current situation of raw materials and yarns, many people in the industry are forecasting the trend of the future market. There is a regional feeling that the sales of cotton yarn have turned a slight trend. Therefore, the sales volume of the future market will go downhill, and the price will also be adjusted at a low price. As of April 1st, the mainland "double 28" and "double 29" Xinjiang cotton warehouse delivery price of 15700-15900 yuan / ton. cost Inverted 200-400 yuan / ton. According to many cotton traders and cotton enterprises, they are in a dilemma because of the high cost. This is also the reason why the spot market is hard to get and it is difficult to rise.

According to the textile enterprises, the price of pure cotton yarn and blended yarn has been stable since March, and sales are acceptable. As of April 1st, Shandong, Hebei, Henan and other places OEC10S price 14600 yuan / ton, C21S combs price 19600 yuan / ton, C32S combs price 23500 yuan / ton, the recent profit level 1200-1500 yuan / ton. Combing 21S, 32S price respectively 23600 yuan / ton, 25600 yuan / ton, price fluctuation is not big, some sales are smooth, downstream goods are more active, spinning enterprise product inventory is in the low position. Many people in the industry have reflected that at present, large scale textile enterprises are running at full capacity, and raw material purchase will be strong. Some enterprises have said that they will take large quantities of cotton to stabilize cotton prices so as to maintain cotton in later stage.

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