Yarn Prices Continue To Decline.

Affected by the deterioration of Sino US trade, the upstream raw material prices have been gradually reduced to the downstream yarn and grey cloth. The yarn prices have continued to slide in recent years, but the yarn prices are decreasing.

Pure cotton yarn has a steady decline, high branches and high distribution decreases, and low count yarn has a relatively large decline.

As of May 30th, the mainstream prices of 21S, 32S and 40S in the Hebei and Shandong provinces were 22000 yuan / ton, 23500 yuan / ton, 24500 yuan / ton (delivery price, tax included, the same below), compared with the price of 200-300 yuan / ton on Monday (27).

The mainstream prices of combed 21S, 32S and 40S are 25000 yuan / ton, 26000 yuan / ton, 27200 yuan / ton respectively.

Compared with this Monday (27 days), the price fell by 100-200 yuan / ton.

According to the person in charge of the enterprise, due to the fewer orders and the gradual increase in the stock of enterprises, most enterprises' inventories have increased by more than 20% compared with the same period last year, and the inventory of individual enterprises has exceeded 40 days.

Entering this week, domestic cotton prices have slowed down, but the decline in cotton prices has not yet been fully pmitted to the lower reaches. It is expected that the price of cotton yarn will continue to stabilize or fall in the near future.

Pure polyester yarn has widened.

For the production of pure polyester yarn enterprises, after the Spring Festival this year, only experienced a "roller coaster" like a short boom.

First, orders were weak, and orders began to decline sharply in May.

Many enterprises are in a state of shutdown or semi shutdown due to the lack of orders, and two is a further increase in inventories.

According to the heads of enterprises in Hebei, Shandong and Jiangsu and Zhejiang provinces, the average stock market has reached 16 days, which has reached the highest level since 2018.

The price of the cotton mill also began to drop rapidly, and the T32S mainstream paction price fell to 12800 yuan / ton all the way, and the price also broke the low point in 2018. Three, the upstream raw material price dropped sharply.

As of May 30th, the price of 1.4D*38mm polyester staple fiber in Jiangsu and Zhejiang provinces was 7600 yuan / ton, compared with May 24th, the price dropped by 600 yuan / ton, and the list could be negotiated for 50-100 yuan / ton.

Raw material slump, directly let enterprises in the early inventory into a loss situation, the enterprise survival is more difficult; the four is polyester yarn price decline expansion.

As of May 30th, a 32S polyester yarn in a factory in Weifang, Shandong, was 14600 yuan / tonne (including tax), which fell 600 yuan / ton compared with May 24th, and sales volume was good.

However, the price of pure polyester yarn is relatively chaotic because of the different cost of raw materials in the enterprise and the psychological compensation of the enterprises.

The price of cotton yarn has dropped sharply.

As of May 30th, a factory in Weifang, Shandong 30S cotton yarn quoted price of 17800 yuan / ton (including tax), compared with May 24th prices fell 700 yuan / ton, sales volume in general, large single volume can be negotiated.

At present, people's cotton yarn production enterprises are in a state of panic.

In the context of insufficient orders and falling raw material costs, prices have been reduced to attract orders.

On the 30 day, a viscose staple fiber price of a factory in Xinxiang, Henan, was quoted at 11900 yuan / ton, and the 1.2D*38mm viscose staple was quoted at 11900 yuan / ton, compared with May 24th, the price dropped by 300 yuan / ton, and the large list could be negotiated according to the quantity.

Market analysis, as the price of pure cotton yarn and polyester yarn has dropped sharply, it is difficult for human cotton yarn to be independent, and the recent decline will continue to expand.