• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    Why Does Raw Material Inventory Fall To Low Position?

    2019/5/31 18:08:00 7725

    Stock Of Raw Materials

    Over the past week or so, Zheng cotton has rebounded from the low of 13245 yuan / ton, and the price of CF1909 contract has gone up to 14000 yuan / ton, while the spot market has been almost unsalable, except for some traders' "point price" resources, which have been asked and traded. The corresponding short store cotton turnover rate has dropped below 90%.



    From the author's investigation, the market shows two extreme phenomena. Buyers and sellers are looking for and waiting for a suitable entry point, a signal or even a positive news.

    On the one hand, raw material inventory of cotton textile enterprises in Henan, Jiangsu, Zhejiang, Shandong, Hebei and other places has dropped to a relatively low level (gauze inventory has continued to grow in the near future, occupying funds and manpower). A few cotton mills even have cotton and long-term orders. Some of them are "lifting their elbow". Theoretically speaking, replenish cotton stocks is imminent.

    On the other hand, although traders and a handful of ginning factories are willing to throw goods and sell goods, the price of "point price" resources is reduced by 1300-1500 yuan / ton compared with the end of April, but the actual downstream textile enterprises and middlemen are not buying and exporting.



    The raw material inventory of textile enterprises has dropped to a low level, and the price of lint has also dropped to a price of sincerity. (according to the current "double 28" cotton picking price, the spot price is calculated at 14400-14500 yuan / ton weight, and the spot loss of the cotton mill is mostly 500 yuan / ton.

    According to the current "point price" price of Xinjiang cotton and reserve cotton, the profit margin of the textile mill is still lower than that of the same period of 2017/18. But since late April, the price of Xinjiang cotton has dropped by nearly 1500 yuan / ton, and the price of cotton yarn has only been adjusted to 1000 yuan / ton, but why is the cotton market selling and selling decoupling?

    The author thinks that the following two factors are crucial.



    First, cotton textile business owners have declined significantly since the end of April, and have little confidence in whether they can regain confidence in 6-8 months. (Shanghai, Guangdong and Zhejiang several trading companies reflect the obvious pfer of orders to Southeast Asia after August).

    From the survey results, as of the end of May, large and medium-sized spinning and weaving enterprises finished product inventory for more than 25 days or even 30 days, and the stock of individual mills reached 40-45 days, an increase of 7-15 days over the same period of 2017/18.

    Although cotton and other raw materials do not contain a lot of liquidity, the stock of gauze, clothing and so on has made the enterprises weary. Therefore, under the precondition that the orders of the terminal consumer market such as foreign trade, clothing and so on have not been significantly warmer and rebounded, even if the price of cotton is reduced by 500-1000 yuan / ton, spinning enterprises are also "powerless" and can only be purchased with the purchase.



    Two, the deadlock in Sino US trade negotiations is a "stumbling block" that restricts cotton textile enterprises from releasing their raw materials and purchasing raw materials.

    Although in the first half of May, both sides clearly stated that the trade negotiations had not broken down, the door of the negotiations was open to each other. However, due to the fact that there was no further agreement on the timetable for negotiations and tariffs on imports, the trade war suddenly escalated.

    The biggest worry for cotton companies is that the United States threatens to impose tariffs on the remaining 325 billion US dollars imported from China, which involves nearly 40 billion dollars of textile and clothing. If the two sides continue to wrestle and Trump continue to act arbitrarily, the impact on the export of national textile clothing should not be underestimated (although some enterprises have reduced their risks through overseas construction, pfer of production sites, and many other ways).

    However, cotton consumption in China will not fall off in 2018/19, but the tight balance between supply and demand will undoubtedly be broken, and cotton prices will continue to fall.

    • Related reading

    Yarn Prices Continue To Decline.

    Expert commentary
    |
    2019/5/31 18:08:00
    8677

    Cotton Prices Have Been Underestimated To Buy And Wait.

    Expert commentary
    |
    2019/5/31 18:08:00
    7923

    Polyester Filament Hot Market After The Ebb Tide In The New Wave Of Storage Period Waiting For The Opportunity.

    Expert commentary
    |
    2019/5/31 18:08:00
    8124

    The Fundamentals Will Not Change. Viscose Staple Fibres Will Remain Empty In June.

    Expert commentary
    |
    2019/5/31 18:07:00
    8600

    Grey Stock Pressure Is High, The Future Market Is Uncertain.

    Expert commentary
    |
    2019/5/31 18:07:00
    8449
    Read the next article

    Forecast Several Possible Trends Of Zheng Cotton In The Near Future

    From the speculation of production reduction, the gap between supply and demand to the difficulty of new cotton sales, Zheng Mian CF1909 was 16 from the beginning of the new cotton market in the early October 2018.

    主站蜘蛛池模板: 人人妻人人爽人人澡欧美一区 | 国产欧美日韩亚洲一区二区三区| 亚洲女人18毛片水真多| 久久99精品国产麻豆婷婷| 美女被视频在线看九色| 征服人妇系列200| 亚洲美女视频网站| h小视频在线观看| 日本卡三卡四卡免费| 午夜小视频免费| 中文字幕人妻丝袜美腿乱| 老八吃屎奥利给原视频带声音的| 好男人在线神马影视在线观看www| 亚洲精品美女久久久久99| 五月婷婷丁香网| 斗鱼客服电话24小时人工服务热线| 国产乱子伦片免费观看中字| 久久婷婷人人澡人人爱91 | 国产一区二区三区精品视频| 三上悠亚中文在线| 波多野结衣欲乱| 国产精品黄网站| 久久婷婷五月综合国产尤物app | 国产妇女馒头高清泬20p多| 两个人一上一下剧烈运动| 精品国产一区二区三区在线观看| 在公车上忘穿内裤嗯啊色h文| 久草视频在线免费| 蜜臀av性久久久久蜜臀aⅴ麻豆| 好硬啊进得太深了h动态图120秒| 亚洲国产日韩欧美在线as乱码| 野花日本免费观看高清电影8| 我和岳乱妇三级高清电影| 亚洲精品欧美精品中文字幕| 99视频全部免费精品全部四虎| 性一交一乱一伦一色一情| 亚洲国产精品成人精品无码区在线 | 亚洲视频一区在线观看| 黑人一个接一个上来糟蹋| 好吊妞在线观看| 九九热爱视频精品|