The Downstream Is Still Weak And The Yarn Is Liable To Fall.

Last week (December 2-6), the stock of spinning mills rose due to poor orders. With the coming of the end of the year, the pressure on the manufacturers to go back to stock and raise funds has increased. Some manufacturers have gone down the price to go to stock, and some manufacturers have been in advance or have extended their holidays. The market is full of pessimism.

Raw materials for cotton. During the week, the warehousing of the reserve cotton brought good results to the market, and Xinjiang manufacturers competed in the storage and sale. However, as the cotton market is in the peak season, the spot price fluctuates little. Zheng cotton futures rose sharply. As of December 6th, the 2001 contract price of zhengmian main contract rose sharply, closing price was 12785 yuan / ton, compared with the 5 day closing up 110 yuan / ton. The purchase price of Xinjiang seed cotton remained stable. As of 7 days, the price of hand picked cotton was 42% in Akesu and Kashi in the southern Xinjiang and 10% in the southern part of Xinjiang. The purchase price was 6.20 yuan / kg, which was basically the same as the previous week. The seed cotton price of 38% per cent is 5.7 yuan / kg. Many manufacturers indicated that the quality of seed cotton decreased greatly in the southern Xinjiang, especially in the cotton picking machine, and the impurity content was generally high, which had a greater negative impact on cotton storage and storage. As of 7 days, Xinjiang hand picked cotton price quoted at 13400-13700 yuan / ton (pick up, gross weight, including tax). The number of cotton in the mainland is small and the amount of purchase is reduced. The average daily purchase amount of the 400 type ginning plants is less than 50 thousand jin, and the price of seed cotton is at 2.5-3.05 yuan / Jin.

Other raw materials. Recently, the staple fiber staple market is mainly stable. As of December 7th, the price of 1.4D*38mm direct spun polyester staple fiber in Jiangqu area was 6960 yuan / ton, compared with November 29th, the price rose 100 yuan / ton, and sales volume was acceptable. As of 7 days, the viscose staple fiber of 1.5D*38mm in a factory in Shandong was 10300 yuan / ton, and the viscose staple fiber newspaper of 1.2D*38mm was 10200 yuan / ton, compared with November 29th, there was no change in price.

cotton yarn 。 In the near future, the downstream market is generally weak, the goods are not smooth, the stock is rising, especially the pressure of funds increased year ago, and the price of some manufacturers' grey cloth has been lowered, which affects the upstream yarn market. According to feedback from textile factories in Shandong, Hebei and Jiangsu and Zhejiang provinces, conventional yarns are generally weak and orders are less during the week. As of 7 days, the price of air spinning 12S and 16S in Ji Lu area was 13300 yuan / ton, 13700 yuan / ton respectively, which changed little compared with the previous week. The mainstream price of combs 21S, 32S and 40S is 19500 yuan / ton, 20500 yuan / ton, 22100 yuan / ton, which has not changed much compared with the previous week. Under the pressure of inventory, individual manufacturers have tried to reduce prices to attract orders. For example, as of 7 days, a 21S factory in Shandong has quoted 19200 yuan / ton of pure cotton yarn for high quality knitting, and the current price of 32S high quality knitted pure cotton yarn is 20400 yuan / ton, which is 300 yuan / ton lower than the previous week, and the combing series can be concesed 300 yuan / ton. According to the manufacturer, this year, the factory has about 30% of the planned leave in advance. In addition to the Spring Festival ahead of January this year, the more important reason is that the order is few, and the spinning enterprises can hardly maintain normal production.

Other yarns. Polyester yarn prices are low. As of 7 days, the 32S polyester yarn of a factory in Shandong averaged 15300 yuan / ton (including tax ex factory price) on average. Compared with November 29th, the price has not changed at the same time, and sales volume is still good. 7, a factory in Henan 30S cotton yarn daily 17500 yuan / ton out of the factory, compared with November 29th prices unchanged, sales volume in general, large single volume can be negotiated.

Imported yarn. Traders feedback that over the past week or so, the shipping date, the signing and shipment of bonded and customs clearance yarns have not been much improved, and sellers' mood of selling and selling is somewhat loosened. Up to now, the outer yarn inventory of the port is about 90 thousand tons.