2019 Gold Three Silver Four Yarn Market Ups And Downs Dilemma
Entering the April, the domestic yarn Market tended to be stable, and textile enterprises also welcomed the orders in spring and summer. Most manufacturers were optimistic about the future market, but there was no room for external factors.
Shandong Liaocheng region yarn market is no exception, only to maintain stability, want to rise can not.
The proverb "gold three silver four", but this year yarn market performance is not good, Liaocheng area March yarn market is still weak, in April barely maintain stable operation.
The price of the local combed ring spinning is 32 yuan, 23100 yuan / ton, the 40 offer is 24000 yuan / ton, the air spinning 21 17800 yuan / ton, 24 18000 yuan / ton, at present, the shipment is general.
Market stalemate factors stalemate, yarn market ups and downs dilemma.
Bad factor: yarn futures are not performing well.
This week Zheng yarn futures lower down, Thursday CY1905 contract low morning closing price to 23915 yuan / ton, compared with yesterday's closing price fell 195 yuan / ton, CY1909 contract closing price in the morning to 24830 yuan / ton, down 180 yuan / ton; downstream started slowly, yarn stock pressure is bigger; Sino US trade negotiation uncertainty factors, export orders greatly reduced, restricting textile processing capacity.
Profit factor: 800 thousand tons of imported cotton quasi tax quotas issued, but small textile enterprises have limited application, seed cotton resources are insufficient, lint market is strong, Liaocheng Gaotang area three lint factory price quoted at 15500 yuan / ton, to form a certain support for yarn prices.
Seasonal pformation, textile enterprises will also usher in a certain number of spring and summer orders, and the market is expected to be optimistic.
Under the competition of external factors, the yarn market has remained stable for the time being. We still need to pay close attention to the change of downstream market demand, and do not exclude the adjustment of partial fluctuations.
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