• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    Cotton Futures Market Trend Is Expected To Better

    2020/1/21 14:10:00 0

    Cotton Yarn Market Trend

    The Spring Festival is approaching. The textile workers who have worked hard for a year have begun to make year-end summaries. Generally speaking, it is hard to do in 2019. The profits of large enterprises with long industrial chains can still be tied up with last year, and small and medium-sized enterprises generally lose money. After the conclusion, enterprises are ready to take a vacation. According to our research, weaving enterprises generally stop production from ten to twenty in the early part of the month. Cotton spinning enterprises stop production from twenty to twenty-nine in the twelfth lunar month, and the production time is concentrated at the beginning of the beginning of the month from six to eighth. Before the Spring Festival, the stock of cotton yarn is more than 20 to 30 days, and the stock of cotton is between 30 and 60 days. For the cotton yarn market after the Spring Festival, market participants generally rose, for the following reasons:

    Long fall to meet rebound

    The picture shows the closing price of the main contract between Zheng Mian and US cotton.

    Since June 2018, cotton prices at home and abroad have gone through a year and a half of the bear market, with the Zheng cotton index falling by 37.8% and the US cotton index down by 40%. After the crash, there must be a big rise. Since October 2019, with the improvement of Sino US trade relations, cotton prices have gone down and rebounded. Among them, Zheng cotton has risen by 16.13%, and the start time of US cotton rebound has been 20 days ahead of Zheng cotton, and the increase has been extended to 20.8%.

    With the upward movement of cotton's center of gravity, the market confidence has improved significantly under the influence of "buying and selling but not buying down". In December 2019, the downstream cotton spinning enterprises even took the initiative to replenishment, boosting the Zhenggang period's resonance rise, and the 3128 grade lint spot rose to 10.84%.

    Raw material prices raise cotton yarn


    In the lower reaches of the market, demand downturn, cotton yarn market started slowly, in late December 2019, cotton yarn prices officially entered the rising channel. During this period, three rounds rose in late December 2019, around New Year's day and early January. Although the volume of orders before the Spring Festival can not be enough, but because of the continuous improvement of raw material prices, cotton textile enterprises continue to bullish, the atmosphere of warming up, some enterprises do not receive large orders before the festival, only small orders; some enterprises accelerate the accumulation of cotton yarn inventory, the new year's Eve will stop production 1 to 3 days, after the festival will be based on inventory situation, start 1 to 7 days. However, sales of products generally resumed earlier, mostly in the early six to early eighth.

    Cotton textile enterprises actively stocking


    Since the improvement of Sino US trade relations in October 2019, with the increase of raw material prices, especially since December 2019, raw material prices have increased rapidly, cotton textile industry chain is expected to improve, cotton yarn goes to inventory speed and cotton textile enterprises profit is restored. In addition, near the Spring Festival, cotton spinning enterprises are actively stocking up. As of January 19th, cotton textile enterprises in Shandong were able to store stocks for 45 days, and some large enterprises had higher inventories, from 60 to 90 days, while some small and medium-sized enterprises had low inventories, less than 30 days. At the same time, the local cotton spinning enterprises' stock of cotton yarn is 25 days. It is estimated that cotton spinning enterprises will resume production in the first six months from the beginning of the month. However, logistics and transportation resumed normally after the Lantern Festival. It is estimated that the cotton yarn of Shandong cotton textile enterprises will continue to be stored for more than 30 days.

    In addition, the price of imported yarn is rising and the central bank has dropped to a certain level to boost cotton spinning market to a certain extent. In January 16th, China and the United States signed the first stage trade agreement. With the landing of the agreement, the downstream orders will no longer wait and see. Orders after the Spring Festival are expected to be blowout, and the cotton yarn market will also usher in a "little spring".

    Although cotton prices continue to rise, the problem of lower price pressure is prominent, and some weaving enterprises are turning to chemical fiber products. For example, before the Spring Festival, a pure cotton production enterprise received 70% of the foreign trade orders. The order was maintained until March, but the price of foreign trade was serious. In order to save costs, the company intended to switch to cotton cloth. In addition, the signing of the first stage agreement between China and the US means the easing of short-term trade frictions, but it is by no means an end. Therefore, although the cotton yarn market is expected to be better after the Spring Festival, we should also be cautious. For textile people, we should do well in internal strength and make good use of hedging tools such as futures and options, so as to cope with the possible trade friction that may occur again in the later stage.
    • Related reading

    China Light Textile City: Curtain Cloth Transactions On The Eve Of The Rest Of The Market Showed A Significant Downward Trend.

    Expert commentary
    |
    2020/1/20 11:18:00
    0

    Supply Side Pressure PTA Fell Slightly

    Expert commentary
    PTA
    |
    2020/1/20 11:17:00
    0

    End Of Market Transactions, Polyester Filament Prices Remain Stable

    Expert commentary
    |
    2020/1/20 11:17:00
    0

    Cangzhou, Hebei: Reduction In Market Quotas

    Expert commentary
    |
    2020/1/20 11:12:00
    0

    2020 Chinese Light Textile City Fair Closed For 14 Days

    Expert commentary
    |
    2020/1/19 12:34:00
    0
    Read the next article

    China And The United States Sign The First Stage Economic And Trade Agreement. How Much Cotton Can China Import In 2020?

    Local time on January 15th (16 hours in Beijing time), after the joint efforts of the Sino US economic and trade team, on the basis of equality and mutual respect,

    主站蜘蛛池模板: 国模无码一区二区三区不卡| 试看91福利区体验区120秒| 狠狠综合视频精品播放| 性色生活片在线观看| 国产中文字幕在线视频| 久久国产精品99精品国产987| 日批视频在线看| 日韩精品免费电影| 国产成人午夜福利在线观看视频 | 久久97久久97精品免视看秋霞| sss欧美一区二区三区| 欧美午夜精品久久久久久浪潮| 国产青草视频在线观看 | 欧美大BBBBBBBBBBBB| 国产精品区一区二区三在线播放| 亚洲成人黄色网| 18禁美女黄网站色大片免费观看 | 国内自拍青青草| 亚洲av无码一区二区三区不卡| 国产资源在线看| 日本黄色免费观看| 国产亚洲欧美在在线人成| 一级做a爰性色毛片免费| 欧美黑人巨大videos精品| 国产精品日本一区二区不卡视频| 亚洲人成色77777在线观看| 黄色91香蕉视频| 日本黄色电影在线| 噜噜噜噜天天狠狠| www.tube8.com日本| 毛片在线播放a| 国产精品亚洲综合一区在线观看| 亚洲av无码专区在线观看下载| 老师开嫩苞在线观看| 国产高潮视频在线观看| 亚洲av本道一区二区三区四区 | 最新中文字幕在线观看| 再深点灬好舒服灬太大了添| 99精品众筹模特私拍在线| 晚上睡不着正能量网址入口| 免费观看无遮挡www的小视频|