Imported Cotton Yarns In India And Pakistan Are Becoming More And More Difficult To Operate.

According to feedback from cotton yarn traders in Guangdong, Jiangsu, Zhejiang and other places, in recent days, the 8-16S price of bonded siro spinning in Guangdong Province rose by 150-200 yuan / ton. Weaving mills and middlemen declined to make inquiries and pick-up. In the middle of March, the India, Pakistan, Vietnam JC21S and 32S exchanges, which were relatively active, were significantly lower. Some traders and importers switched to the middle and high grade blended yarn such as India, Indonesia T/C45S and T/R40S.

Vietnam and Indonesia C21SA (A+) and C32A (A+) bleaching and weaving (upper jet and rapier looms) were also affected by the fluctuation of China's domestic yarn prices, and the volume and price were weakened due to the high price of India's foreign offer and at least 45 days' advance orders.

On the whole, the number of imported yarn arriving in port and entering the bonded warehouse in March was lower than that in 1 and February.

Some foreign and trading companies estimated that as of the end of March, the import yarn of main ports in Guangzhou, Ningbo, Qingdao, Shanghai, Zhangjiagang and other main ports in China was about 9.2-9.5 million tons. Vietnam, India and Pakistan gauze remained the top three brands. And since March 6th, the storage of cotton yarn has been continuously higher than the outgoing stock since the opening of the reserve cotton sale.

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Traders said that imported cotton yarns such as India and Pakistan were becoming more and more difficult to operate, and the profit margins could be predicted to be constantly compressed. If they were careless, they might be caught. Therefore, the short-term purchase of futures yarn and spot yarn would be lower.

On the one hand, although India's new cotton market reached 4 million 369 thousand tons in March 23rd, accounting for 75% of the expected output, however, as the rupee continued to strengthen against the US dollar and cotton farmers and cotton enterprises had a strong price, the cost and export prices of the mills were still high, so there was little room for consultation and concession between the mills and the export enterprises in India.

Recently, with the ICE cotton contract in recent months fell below 77 cents and 75 cents mark, the quotations of US cotton, West Africa cotton, Australia cotton and Central Asia cotton have fallen considerably. Vietnam, Thailand, Central Asia (Uzbekistan, Azerbaijan, Turkmenistan, etc.), Indonesia yarn's FOB, CNF and CIF prices should be lowered.

The choice of space has been widened. On the other hand, the 2017 sale of cotton reserves has been opened for 1 months. Most of the spinning enterprises that have participated in reserve cotton auction have used cotton reserves, and the cost of cotton yarn has generally decreased by 400-500 yuan / ton; in addition, the CF1705 contract has dropped to 14700-14900 yuan / ton recently, and the cost of receiving the warehouse from textile enterprises has also been reduced by 300-500 yuan / ton compared with the previous stage. Therefore, the profit margins and bargaining space of the domestic yarn are gradually widening, and the impact on imported India, Pakistan and Vietnam yarn is larger (Indonesia's exports to China are mainly polyester cotton and polyester viscose yarn).

Several textile enterprises in Shandong and Jiangsu reflect that in the year of 2011-2013, Xinjiang cotton had little problem of cotton blending as JC21S, 32S and high C21S and 32S (spinning above 40S for strength,

The horse's value is higher.

According to the survey, since late March, India port and Pakistan C21S have been selling at low prices. The lowest paction price of C21SB+ and B has dropped to below 21800 yuan / ton, which is mainly due to the pressure of a few traders. The worries over the simultaneous reduction of cotton prices and cotton yarn prices in India in 4-6 months have intensified and the need for clearing up the blended yarn and high count yarn has been increased.

On April 6-7, the price of RMB C21S, 32SA, JC32SA (package bleach) in India, Qingdao was 22400-22600 yuan / ton, 24800-25000 yuan / ton, 26800-27100 yuan / ton respectively, although it was generally down 200 yuan / ton in mid March, but it was still much higher than that of domestic C21S and 32S price 1200-1500 yuan / ton, while the spot price of Indonesian knitting yarn port was only 21400-21500 yuan / ton, 23000-23500 yuan / ton, which was much lower than that of India and Pakistan yarn.

Some operators said that with the competitiveness of domestic cotton yarn, Vietnam and Indonesia, cotton yarn continued to be strong (mainly cotton, West African cotton and India cotton), EMOT SM 1-5/32 "S-6 1-5/32" price has been pulled up to 4-5 cents / pound), India and Pakistan cotton mill futures yarn has been constantly expanding or even chopping, so it is the best policy to seize the bag for safety.

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