Different Yarn Market Performance Has Different Cotton Market Or Will Stabilize.

The overall market situation of the Hebei Shandong and Henan textile market has steadily decreased, and the market performance of different yarns is different.

Cotton yarn aspect: this week ordinary cotton raw material price has no obvious change, there is a slight decline in the market, at present, spinning enterprises are still mainly in the middle and low spun yarn, but the overall sales volume is still general, the downstream cotton cloth has basically been in the off-season, the sales sluggish, leading to the cotton yarn market orders and shipments are limited, and cotton yarn prices have also been slightly reduced; many textile enterprises are worried about the future market, the overall market situation is not optimistic, and the price of cotton yarn will decline all the way.

In contrast, the bearish ability of high count yarn is better than that of medium and low count yarn. Besides, the varieties in the second half of the year should also be high, so some manufacturers are stocking for the second half of the year.

Chain reaction led to slow sales of cotton, and then back to the situation.

Polyester cotton yarn: Although the market of polyester cotton yarn in past years is not too much attention, it always maintains that the price should reflect the speed of the market, and the characteristics of the large quantity of orders without interruption, though it is thin, has the ability to effectively relieve the pressure on the machine platform, reduce the loss, and revitalize the working capital. This is also the aim of some spinning enterprises.

This year's polyester cotton yarn has broken through the usual practice, and the price is still going with the tide. However, the quantity of orders is quite different from that in the past. The number of orders is too small, the number of small and medium orders is 10-30 tons, the varieties are frequent and the price is not up again. Therefore, most of the spinning and weaving enterprises generally do not count the polyester cotton varieties.

Aspects: viscose staple fiber prices are still downward this week, the mainstream price is maintained at 15500-16200 yuan.

Although the price of raw materials has contributed to the cost reduction of textile enterprises, the market of people's cotton yarn is hard to change.

In terms of futures, Zheng cotton 1709 contracts stabilized this week. As of April 7th, Zheng cotton's main contract 1709 closed 15745 yuan / ton, compared with last Friday's settlement price of 15435 yuan / ton rose 310 yuan / ton, up 2.01%.

ICE cotton this week stabilized to stabilize, due to the first delivery notice May approaching, the main contract exchange this week, helped the United States Department of agriculture (USDA) cotton export sales data is good, ICE period cotton stabilized to stabilize.

As of April 13th, the ICE 7 cotton monthly was 76.54 cents a pound, and the contract rose by about 1.5%.

Overall, Zhengzhou cotton has warmed up this week, and ICE cotton has stabilized.

Within sixth weeks of the week, the standard sale base price was 15381 yuan / ton, which was down 60 yuan / ton compared with fifth weeks (15441 yuan / ton).

During the week, the proportion of Xinjiang cotton went up.

The turnover rate rose sharply.

As of April 14th, the cumulative output of cotton reserves was 884 thousand and 500 tons, with a total turnover of 656 thousand and 400 tons, with a turnover rate of 74.22%. All of them were made of domestic cotton. The average price was 14847 yuan / ton, and the 3128 price was 15981 yuan / ton. The highest price was 16500 yuan / ton, and the lowest price was 13360 yuan / ton.

During the week, the market wait-and-see sentiment eased, enterprise procurement was relatively positive, and the reserve cotton paction heated up, but spot sales remained slow as compared with the price of Xinjiang cotton in 2016.

downstream

Prices showed a steady weakening trend, pure cotton yarn sales are still smooth, pure cotton cloth sales are stable, basically no inventory.

Affected by the overall weakening of the raw material market, the market is becoming cold, and the textile enterprises are reducing sales promotions.

Sun Kuanghua, a business analyst, believes that the supply of domestic cotton market is relatively adequate, and that the cotton reserves are in order. Zheng cotton stops falling, and at the same time, the decline of ICE cotton appears, and the market atmosphere is not dispersed, resulting in a weak price in the lint market.

Downstream cotton yarn market performance is relatively stable, with lower lint, some companies shipped slower, lower prices, the domestic cotton prices are insufficient support.

Overall, the supply of short-term cotton market is relatively abundant, Zheng cotton shock, ICE cotton fell sharply, the market is mainly bad. It is expected that the cotton futures market will stabilize next week.

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