C40S Yarn Prices Fell 200 Yuan / Ton, Zheng Cotton Futures Hit A New Low In 16 Years.

Recently, under the stimulation of the bad situation at home and abroad, the textile factory feels that "cool" has not been reduced, the textile off-season has arrived in advance, and the yarn market has not risen or fallen. It should be the "golden four silver and silver" textile peak season, but the textile industry has not felt the proper warmth.

It is understood that the yarn Market in Suzhou, Anhui is not good, some manufacturers C40S yarn price in 23800 yuan / ton, compared with last week fell 200 yuan / ton, and the spanaction price can be negotiated, most textile mill operating rate has declined. In order to further reduce production costs, textile mills choose various raw materials for purchase. Textile enterprises with a scale of more than 50 thousand spindles have high quality of raw materials and diversified procurement channels.

Since the beginning of the launch of the cotton reserves, the enthusiasm of the market has been very high. After the Sino US trade has increased tariffs, the market turnover rate has dropped to varying degrees. However, with the lowering of the base price, the turnover rate rebounded again this week, indicating the rigid demand of the market for lint. In addition, the Sino US trade war escalated and Zheng cotton futures fell sharply, dropping to 13245 yuan / tonne line this Thursday, the lowest level since September 7, 2016. Futures warehouse receipts have greater pressure, which is conducive to the purchase of textile mills.

At present, the amount of seed cotton resources is insufficient, and the cotton ginning plants seldom start up. The price of the mainland lint is very high, but the market volume is not big, and there are many cities without price. Manufacturers reflect that the current spot purchase of Xinjiang lint is the main reason, because the lint of Xinjiang has 500 yuan / ton of spanport subsidy, the cost to the factory has dropped sharply, and the supply advantage is obvious. Some manufacturers recently purchased Xinjiang grade three lint to the factory price of 14800 yuan / ton, four grade lint to the factory price at 14600 yuan / ton, but this week, the price of cotton reserves has been declining, and the spot price of Xinjiang cotton is likely to continue to fall.

The recent operating rate of some textile factories below 30 thousand spindles has declined, and the yarn market is not good enough. Many manufacturers are selling products at a lower price to speed up shipment. Among them, the price of 21 yarn is 17200 yuan / ton, the spanaction price is negotiable, and the market is mainly based on order processing. In addition to the above procurement channels, some textile mills also purchase low price cotton, four grade lint to the factory price of 14200 yuan / ton, mainly used to spin low yarn.

Recently, textile mills do not have large orders. In order to further avoid risks, the raw materials and products inventory of textile mills are kept within the controllable range as far as possible. There are still many variables in the Sino US trade war, and the textile industry will also face the "cold winter" ahead of schedule in the summer of fire. Original title: early arrival of off-season, multi sourcing of raw materials procurement.