Near The End Of 2019, Yarn Market Continued To Bottom.

Near the end of 2019, the market of yarn outside and downstream is still in the bottom, and market demand is generally not strong. Recently, some enterprises have reduced the demand for downstream demand by nearly 30%, coupled with increased homogenization competition. The yarn market is expected to continue to turn weak.

First, there is not much turnover in imported yarn.

According to traders' feedback, since December, imports and exports of yarn have been sluggish, and market confidence is not enough. Traders are shipping slowly, and the seasonal decline is significant. Spot prices are still falling slowly. As of December 11th, the mainstream imports of yarns and Vietnamese yarn in Jiangsu, Zhejiang and Shandong were 19500-20000 yuan / ton, and the imported C10S in Jiangsu province was about 17500-18000 yuan / ton; the price of combed knitted goods in Guangzhou market was 22500-22800 yuan / ton at C32S 17500-18000 yuan. In addition, according to feedback, since the beginning of this week, the India yarn OE16S (drifting) shipping date is quoted at 1.75 US dollars / kg, the actual transaction price is about 1.70-1.72 USD / kg, RMB after tax is about 14400-14500 yuan / ton, domestic orders are not good, and India air spinning cotton yarn is partly down. The import yarn is stable and slightly reduced. The pressure on domestic yarns is not to be ignored. Many domestic yarn companies say they can only cut prices in order to attract orders.

Two, people cotton yarn vulnerable operation, manufacturers sold many years ago

According to market feedback, cotton yarn has been sluggish upstream and downstream in recent years. First of all, viscose staple fiber market is weak, enterprises watch empty psychological growth. At present, the price of medium end fiber is 10000 yuan / ton, and the price of high-end fiber is 10200 yuan / ton. Secondly, the price of grey cotton fabric has dropped. According to market feedback, near the end of the year, the cotton textile enterprises are mainly going to inventory to withdraw funds. If cash transactions or volume of transactions are large, price concessions will be larger. In addition, from December 25th this year, logistics and transportation will be stopped one after another, and all of them will be closed in January 7th. As the logistics and transportation are not smooth at the end of the year and the downstream printing and dyeing factories are closed down, manufacturers will be closed down before and after the end of the year. Under such a background, it is difficult to make the cotton yarn difficult before the end of the year. As of December 11th, the mainstream price of R32S was 13800 yuan / ton, and the mainstream price of spinning R32S self winding yarn was 13700 yuan / ton.

Three. Cotton is mainly light cloth.

According to some manufacturers in Hebei and Shandong, the market of pure cotton fabric is light and slow, and the stock of medium and small factories is seriously unsalable. Therefore, shipments of factories are very strong. Whenever there is an inquiry, they will take the initiative to reduce prices or bear freight. Take Hebei Gaoyang as an example, the towel factory starts 60%-70% as a whole, but most of the weaving mills indicate that they will start off after the new year's day, which is 5-7 days ahead of schedule. Some small towel factories were forced to leave in December 1st under the pressure of operation. For grey fabric enterprises, there are still wishes for stocking years ago, but most of them do not dare to prepare large quantities of stock, most of them are scattered. First, there is no sufficient capital flow; the two is that the market is unknown, and the risks are worried.

Four, the prospects for Sino US trade negotiations are unclear.

According to Bloomberg news, White House economic adviser Larry Kudelo said that at present, China and the United States have been negotiating almost the most detailed questions about China's purchase of US agricultural products all day long, and the two sides are working hard to agree on the number of purchases. Trump threatened to impose full tariffs on China's imports if no agreement was reached in the middle of the month. December 15th is a very important date, because if the agreement is incomplete, the United States will impose additional tariffs.

To sum up, for yarn, regardless of the upstream and downstream, or the external market and external environment, the negative factors still dominate. Before the Spring Festival this year, the possibility of yarn weakening is very great.