Enterprises Start To Drop, Most Concessions Go.

It is understood that the recent yarn market bullish atmosphere has eased, and as the Spring Festival draws near, the market enterprises start to decline, enterprises take preferential goods to take the lead.

First, cotton yarn is gradually fading and prices are stable.

According to market feedback, near the end of the year, the market of pure cotton yarn has gradually turned to light, logistics has been gradually suspended, and textile enterprises have gradually increased holidays, and the market has gradually entered the Spring Festival holiday mode. As of January 16th, the mainstream prices of pure cotton yarn combs C32S and C40S in Shandong, Hebei and Tianjin were 20400-20600 yuan / ton, 21300-21500 yuan / ton line, and prices remained stable compared with the beginning of this week. The price of air spinning OE10S was 13000-13400 yuan / ton line, which was unchanged from yesterday. High combed yarn has also stagnated and stabilized. As of 16 days, the price of JC32S and JC40S in a factory in Shandong was 22500-22700 yuan / ton, 23700-23800 yuan / ton, and the price remained stable. According to the feedback from the industry, the order of the textile mill can be extended to 2 and March in 2020, and it is mainly scattered and small. That is to say, after the Spring Festival, the inventory pressure is still relatively large.

The reasons for the recent price stabilization of pure cotton yarn are analyzed.

1, Zheng cotton rushed down. In the past two days, the CF2005 contract of zhengmian reduced its position, and once again stepped back to support 14000 yuan / ton.

2, according to market feedback, Xinjiang cotton's basic offer and price are stagnant and stable. As of January 16th, the main export price of hand picked cotton in the southern Xinjiang area was 14400 yuan / ton (gross weight, pick-up and tax), which was unchanged from yesterday.

However, with the signing of the first stage agreement between China and the United States, the confidence of the market participants is still strong. The industry estimates that after the Spring Festival, the possibility of pure cotton yarn is still rising.

Two, people cotton yarn started to decline sharply.

According to the feedback from enterprises in Shandong, Henan and Tianjin, the date of the factory holidays is basically between January and 15-20. Up to now, 60% of the manufacturers have entered the vacation. Although some factories have not entered the vacation, their main work is to clean up the stock and distribute workers' wages and bonuses. As of January 16th, the price of R30S in the northern market was 13600-14200 yuan / ton. A factory in Shijiazhuang has made an offer of 11800-12300 yuan per ton of R10S spinning, which is unchanged from yesterday. According to market analysis, recent viscose staple fibers are mainly stationary, and market transactions are significantly reduced. As of January 16th, the middle end of viscose staple fiber in Shandong was priced at 9500 yuan / ton, high-end in 9700 yuan / ton, and rarely seen over 10000 yuan / ton viscose staple fiber. Market feedback, the market is fragmentary, the annual flavor is getting stronger. According to the introduction of the head of the textile mill, because of the worry that the market will decline after the Spring Festival, the enterprises will take more concessions to take the goods. It means that the real transaction can be negotiated according to quantity.

Three, polyester yarn quotes are mainly stable, and enterprises have strong desire to inventory.

According to feedback, recent polyester and short prices remain stable. Most factories adopt the strategy of maintaining stability and taking delivery. The downstream polyester yarns are not large in quantity. With the gradual decline in production, the price reduction is rare. As of January 16th, the 32S price of pure polyester yarn in Ji Lu Yu area was 11500-11700 yuan / ton, and the price of polyester yarn 32S (65/35) was 15400 yuan / ton, the price remained stable. Raw materials: as of January 16th, the mainstream price of 1.4D*38mm direct spinning polyester staple fiber in Shandong was near 7100 yuan / ton, the price remained stable and the trading was fragmentary. The manufacturers said that the real price could be negotiated according to quantity.

To sum up, when the Spring Festival is approaching, the whole yarn market is going down sharply, and the manufacturers have a strong desire to take the goods. After the Spring Festival, the trend of yarn will still need to be observed.