Last Week, Textile Materials Continued To Fall.
Last week (May 20-24), cotton prices continued to plummet as a result of the negative impact of the market. The cost of spinning enterprises declined, yarn fell across the board, and market pessimism was more intense.
Raw materials for cotton.
During the week, Zheng cotton futures continued to explore.
Last Friday (24 th), the CF1909 contract closed at 13505 yuan / ton, and the week dropped 580 yuan / ton.
Recently, cotton growth in Xinjiang is better, and the height of cotton seedling is about 15-20 centimeters. Cotton farmers use drip irrigation technology to irrigate and strengthen field management.
Xinjiang point price resources increase, local cotton enterprises "double 29" point price quotes are mostly 14500-14600 yuan / ton (public weight), corps "double 29" also only 14700-14800 yuan / ton.
As the cost of railway pportation has been lowered again, the price difference between Xinjiang and the mainland has been narrowed completely, and there is no possibility of smoothing or hanging down.
The spot sale of cotton in the mainland basically stagnated.
Other raw materials.
During the week, polyester staple fiber continued to decline, and individual manufacturers lost a lot.
As of May 26th, the price of 1.4D*38mm polyester staple in a factory in Zhejiang was 7980 yuan / ton (including tax paid price, vehicle short delivery), sales were still good, compared with May 17th, the price dropped by 450 yuan / ton, sales volume is still good, large single quantity can be negotiated according to quantity.
The viscose staple fiber of 1.5D*38mm in a factory in Shandong is quoted at 12000 yuan / ton, and the viscose staple of 1.2D*38mm is quoted at 12000 yuan / ton, compared with the previous week, the price dropped by 300 yuan / ton, and the actual paction can be discussed.
Pure cotton yarn.
In many ways, yarn continues to oscillate and drop at any time.
As of May 29th, the mainstream price of pure cotton yarn 21S, 32S and 40S in Hebei Lu Yu area was 22300 yuan / ton, 23800 yuan / ton, 24800 yuan / ton.
The price center dropped by 200 yuan / ton compared with the previous week.
On the 29 day, the price of the whole cotton yarn for spinning 21S high distribution ring spinning knitted fabric at a factory in Shandong is currently priced at 23000 yuan / ton. The current price of the 32S all round cotton knitted yarn is 24000 yuan / ton, compared with the previous week, the price has dropped 300-500 yuan / ton.
According to the market analysis, the Sino US trade is deteriorating, and the tariff increases with each other.
Other yarns.
During the week, polyester and rayon yarn continued to fall, and individual drops were larger.
As of May 26th, the polyester yarn of 32S in a factory in Shijiazhuang, Hebei reported 14300 yuan / ton (excluding tax), compared with May 17th, the price fell 300 yuan / ton, sales volume is still good, large single volume can be negotiated.
On the 26 day, the price of cotton yarn of 30S in a factory in Shandong was 18500 yuan / ton (including tax ex factory price), compared with that in May 20th, the price dropped by 500 yuan / ton, and sales volume was still good.
Imported yarn.
According to traders, the yarn stock of China's main port accumulation tax zone and logistics area has reached a record high in recent years.
In addition, with the rapid fall of international cotton prices, the cost of external yarn has dropped dramatically, and the price of imported yarn has dropped sharply in the near future, which may continue to make a great impact on domestic yarn.
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