Years Ago, The Yarn Market Was Stable And Weak.

Last week (December 16-20), domestic cotton prices rose slightly by the international market, and other raw materials increased smoothly. The yarn market was generally stable, the conventional yarn was stable and weak, and the price dropped slightly. The high count and high density yarn ran smoothly, and the price rose slightly. However, the pressure on the factories to stock up years ago was large, and the replenishment was generally not active enough.

Cotton raw materials 。 The export of cotton in the US cotton export Weekly has been on the upswing, especially China's active purchase of US cotton has greatly boosted the confidence of traders. On the 19 day, ICE futures made a strong breakthrough, hitting a high point in the past six months. In December 20th, Zheng cotton CF2001 contract closed 12875 yuan / ton, compared with the closing price of 12855 yuan / ton in December 13th, rose 20 yuan / ton, and the position was reduced. Recently, Xinjiang cotton purchase progress has been completed more than 85%, and seed cotton presents a downward trend of quality and price. At present, the purchase price of hand picked cotton at 36-37% in the southern Xinjiang region is 5.50-5.70 yuan / kg, and the purchase price of hand picked cotton at 40% yuan is 6 yuan / kg, which is 0.05 yuan / kg lower than the previous week. The "double 28" hand picked cotton price quoted by the southern Xinjiang regulatory bank is 13000-13100 yuan / ton (public weight and delivery), and the "double 29" hand picking cotton price is 13400-13700 yuan / ton, and the price level rose 50-150 yuan / ton compared with the previous week. The reason is that the proportion of "double 28" and "double 29" grade cotton in southern Xinjiang has decreased significantly this year, and the structural contradiction between supply and demand in the market is bigger. The seed cotton purchase process in the Yellow River basin is between 50-60%, and seed cotton purchase price is between 3.10-3.20 yuan / Jin, especially high-quality seed cotton is about 3.25 yuan / kg, up about 0.05 yuan / Jin compared with the previous week.

Other raw materials 。 Polyester staple fiber is on the rise. In December 22nd, the price of 1.4D*38mm staple staple fiber in Jiangsu and Zhejiang was quoted at 7100 yuan / ton (including tax and short distance transportation), and sales were still good, up 100 yuan / ton compared with December 15th. Viscose staple fiber oscillates downward. Jilu area 1.5D*38mm viscose staple fiber newspaper 9920 yuan / ton, 1.2D*38mm viscose staple fiber reported 9850 yuan / ton, compared with December 15th fell 100 yuan / ton, actual business can be discussed slightly.

cotton yarn 。 Near the end of the year, the atmosphere of weaving factories and mills in the Jiangsu and Zhejiang provinces and Jaru areas is more intense. Especially with the arrival of the end of the year, the pressure of funds from various factories is increasing. Most of them are eager to go to stock, and basically do not have too much capital to stock up. Therefore, cotton yarn is generally stable and weak. At present, the mainstream price of air spinning 10S is 13100 yuan / ton, which has little change compared with the previous week. Individual manufacturers take the initiative to take charge of the freight to attract downstream purchasing, and indicate that the price of one-time purchase exceeds 100 tons, which can be more favorable. The price of the combed 32S declined, and the price of the whole cotton knitted cotton knitted cotton yarn in Shandong was 20200 yuan / ton, which was 100 yuan / ton lower than the previous week. Some high count and high density yarns are sold smoothly, and manufacturers' inventory pressure is not great. Jiangsu factory feedback, the factory combed 60S price of 29500 yuan / ton, compared with the previous week; combed 80S (100% long staple cotton) offer 47500 yuan / ton, manufacturers according to single production, no inventory. According to the briefing, most of the grey fabric enterprises in the lower reaches will have a holiday on the 7-10 th of January. The vacation time will be long or short. The longest will start in early March 2020, up to more than 50 days, or bring pressure on the mills to inventory.

Other yarns 。 Up to 21, the mainstream of polyester cotton yarn (T65/C35) 32S in Ji Lu area was quoted at 16000 yuan / ton, the price changed little compared with the previous week; the mainstream price of 30S in JL area was 16300 yuan / ton, which changed little compared with the previous week.

Import yarn 。 According to traders feedback, imported yarn spot purchase and sale talks, price stability is the main. At present, there are about 80 thousand tons of yarn imported from main port logistics zones and bonded areas.