Import Yarn Keeps Falling, Middle And Low Branches Are Relatively Stable.

Since late May, the port has cleared customs, bonded and 7-8 month shipping quotes for the overall weak quotation, and the C32S, 40S and above combed and combed yarn are relatively slow in inquiry and shipment; the OE yarn, C21S and below high package bleached yarn are more effective in price reduction, but the turnover is not satisfactory; however, the price of cotton yarn FOB and CNF is different from Vietnam, Indonesia and Pakistan, India yarn is steadily stronger than domestic cotton prices, rupee appreciates against the US dollar, and the 4-5 month cotton mill is cut down, resulting in inadequate supply of cotton yarn. According to Jiangsu, Zhejiang, Shandong and other places of cotton yarn trade enterprises reflect

The reasons for the decline of imported yarn can be summed up as follows: first, the ICE period cotton and the global cotton spot dropped sharply, and the cost of raw materials dropped to the middle and lower reaches of cotton yarn, grey cloth and clothing. Two, the demand and price of cotton yarn both dropped in China, and the price of the imported yarn was RMB and US dollar. The exporters and importers had to follow suit.

In May 5th, the launch of the cotton reserves and the sudden escalation of Sino US trade war led to a sharp increase in the speed of the Sino US trade. During the same period, the India and Vietnam C32S high package bleached yarns went down only 300-400 yuan / ton, and apparently did not keep up with the decline of the ICE cotton, Zheng cotton and domestic yarns; and the order of the Chinese textile factories and garment factories decreased. (some export oriented enterprises indicated that the orders for August and later were significantly shrunk and the signs of pferring to Southeast Asia were very prominent), which directly affected the demand and consumption of imported yarn. Three, the depreciation of the RMB led to the rising cost of China's imported yarn and the larger cost of the raw material cost of the Chinese cotton mill. From the survey, since the middle of April, China's C32S and 40S quotas have been reduced by 800-1000 yuan / ton, especially in China.

青島、張家港兩地貿(mào)易商分析，隨ICE期棉主力合約背靠65美分/磅反彈，越南、巴基斯坦、印尼等國(guó)紗廠、出口企業(yè)恐慌性降價(jià)、拋貨心態(tài)也隨之消失，保稅、即期、遠(yuǎn)月船期棉紗報(bào)價(jià)將進(jìn)入企穩(wěn)、上漲階段；相較于40S及以上高支進(jìn)口紗，低支環(huán)錠紡、OE紗對(duì)中國(guó)吸引力更大，一方面與儲(chǔ)備棉相比(21S及以下配棉以?xún)?chǔ)備地產(chǎn)棉、低指標(biāo)2018/19年度棉花為主)，進(jìn)口紗在強(qiáng)力、CV值、棉結(jié)、毛羽、顏色等方面具較大優(yōu)勢(shì)(進(jìn)口紗染色均勻性強(qiáng)、色牢度高、易染色)；另一方面中美再次磋商沒(méi)有公布時(shí)間表，貿(mào)易戰(zhàn)升級(jí)擔(dān)憂加劇，因此織布廠、服裝廠大多采取降產(chǎn)品檔次、標(biāo)準(zhǔn)來(lái)規(guī)避可能到來(lái)的風(fēng)險(xiǎn)，高支紗需求下滑，中低支紗(含OE紗)則保持相對(duì)穩(wěn)定，進(jìn)口紗仍有“市場(chǎng)”。