Raw Materials Are Unstable And Yarn Market Is In The Doldrums.

Last week (18 -22 days), the pessimistic influence of Sino US trade prospects, Zheng cotton suddenly collapsed, the market was cloudy, and the mood of all sides was pessimistic. Yarn market overall downturn, raw materials cautious.

Raw materials for cotton. In November 20th, the pessimism that the first phase of Sino US trade agreement could not be completed this year led to a sharp decline in ICE futures. Zheng cotton futures has fallen by nearly 500 yuan / ton under the influence of the external market. In November 22nd, CF2001 was the lowest price to 12650 yuan / ton. Volume 420514 hands, holding 561876 hands. Xinjiang cotton picking has been completed, and seed cotton quotes have stabilized steadily. The purchase price of cotton picking machine in 37-38% clothing has been reduced to 5.1-5.2 yuan / kg in North Xinjiang. In the southern part of Akesu, Kashi and other cotton areas, 38-39% picking up cotton also dropped to around 6 yuan / kg. According to feedback from textile factories and traders in Jiangsu, Shandong and Henan, the "double 29" (grade 31 or 41 level) of the northern Xinjiang regulatory library is quoted at 13200-13350 yuan / ton, and the "double 28" machine pick up cotton price is 13000-13100 yuan / ton. In addition, many cotton ginning plants in the territory are more willing to enter the country due to the impact of the national cotton reserves. The Yellow River River seed cotton purchase and sale is still in the doldrums, seed cotton prices have dropped slightly, the three class real estate cotton quotation is near 13000 yuan / ton.

Other raw materials. The price of polyester staple is low, and individual drops are small. In November 24th, the price of 1.4D*38mm spun staple in a factory in Fujian was quoted at 6850 yuan / ton, down 50 yuan / ton, and sales volume was general. Viscose staple fiber prices stabilized, viscose staple fiber in a factory in Shandong reported 10500 yuan / ton, 1.2D*38mm viscose staple fiber reported 10500 yuan / ton, the ring was flat, the actual deal can be negotiated.

Pure cotton yarn. Recently, the start-up rate of textile mills has been stable. In addition, because the market situation is difficult to improve in a large area, downstream textile mills have a larger stock pressure. According to feedback, Shengze grey fabric inventory is still more than 37 days, and with the autumn and winter clothing fabric to the end of the goods, manufacturers enthusiasm has gradually reduced. Affected by this effect, yarn manufacturers generally failed to carry cotton yarn, and prices remained stable. In November 24th, the prices of combs 21S, 32S and 40S in Shandong, Hebei and other places were 19200 yuan / ton, 20500 yuan / ton, 21700 yuan / ton respectively, which changed little compared with the previous week. At present, the main pressure of each factory comes from the order and money back.

Other yarns. The price of polyester yarn is steady in recent years. In November 24th, the polyester yarn of 32S in a factory in Shijiazhuang, Hebei, was quoted at 10800 yuan / ton (excluding tax factory), and 17500 yuan / ton (including tax ex factory price) of a Shandong yarn shop in a factory.

Imported yarn. After the middle of November, OE8S-OE16S yarn and Pakistan 8S-16S siro spinning and other low count yarn declined and became more and more obvious. The reason is that Sino US trade negotiations have once again become stalemate. China's textile exports to Europe and the United States decline significantly, and the impact on enterprises is increasing. At present, the yarn inventory of port logistics area and bonded zone is 80 thousand tons.