February 20Th Market Morning Post: Before The Resumption Of Industrial Chain Yarn Price Stable Operation
1, concern
O weaving enterprises, Textile City resumption;
O 14, the two sides of the trade will cut tariffs simultaneously.
O the central bank lowered its MLF interest rate for 1 years to 3.15%.
2. Basic yarns in yarn industry
3, yarn related product prices and operating rate changes
| Varieties | February 18th | February 19th | Ups and downs | Company | Remarks | |
| futures | WTI | Fifty-two Point Zero Five | Fifty-three point two nine | +1.24 | USD / barrel | Settlement |
| Brent | Fifty-seven point seven five | Fifty-nine point one two | +1.37 | USD / barrel | ||
| PTA | Four thousand four hundred and sixty-eight | Four thousand four hundred and eighty-four | +16 | Yuan / ton | ||
| MEG | Four thousand four hundred and thirty | Four thousand four hundred and fifty-three | +23 | Yuan / ton | ||
| Zheng cotton | Thirteen thousand one hundred and eighty | Thirteen thousand two hundred and sixty | +80 | Yuan / ton | ||
| Zheng cotton yarn | Twenty-one thousand two hundred and fifty | Twenty-one thousand three hundred and forty | +90 | Yuan / ton | ||
| raw material | Viscose staple fiber | Nine thousand and six hundred | Nine thousand and six hundred | Zero | Yuan / ton | Closing quotation |
| 3128B lint | Thirteen thousand four hundred and sixty-nine | Thirteen thousand four hundred and fifty-eight | -11 | Yuan / ton | ||
| Polyester staple fiber | Six thousand five hundred and fifty | Six thousand and five hundred | -50 | Yuan / ton | ||
| yarn | Ring R30S | Thirteen thousand and nine hundred | Thirteen thousand and nine hundred | Zero | Yuan / ton | |
| Ring T32S | Eleven thousand and four hundred | Eleven thousand and four hundred | Zero | Yuan / ton | ||
| Ring T/C 65/35 32S | Fifteen thousand and four hundred | Fifteen thousand and four hundred | Zero | Yuan / ton | ||
| Ring T/R 65/35 32S | Thirteen thousand five hundred and fifty | Thirteen thousand five hundred and fifty | Zero | Yuan / ton | ||
| Loose cylinder T40S/2 loose cylinder | -- | -- | -- | Yuan / ton | ||
| Industry start up rate | ||||||
| industry | February 18th | February 19th | change | |||
| Viscose staple fiber | 62% | 62% | 0% | |||
| Polyester staple fiber | 49.58% | 49.58% | 0% | |||
| loom | 6% | 6% | 0% | |||
| Remarks: cotton short fiber production base is 6 million 395 thousand tons (effective production capacity), excluding Wan Jie, Huahong and hollow low melting point production capacity; viscose staple fiber production base is 4 million 990 thousand tons / year. | ||||||
4, trader suggestion
Pure polyester yarn: pure polyester yarn enterprises are gradually resuming production. The shortage of workers affects the short-term load of starting load. From the raw material side, the average price of polyester staple market or the shock of finishing near 6400, from the demand side, the lower overall start-up rate is low and demand is weak.
Polyester cotton yarn: the textile industry resumed production in full swing, but the actual resumption of work did not meet expectations. It is expected that the price of the yarn market will be stable before the operation of the industrial chain is well functioning. In the medium and long term, under the influence of the relationship between demand release and inferior competition, it will be arranged with the amplitude of raw materials.
Human cotton yarn: at present, Suqian, Tangshan, Boxing, Sichuan, Jiangxi and other places viscose staple fiber has been shipped, but the initial shipment volume due to downstream start-up and logistics constraints are relatively limited, and other parts of Jiangsu Peixian and Hubei still exist restrictions, short-term shipments and output of most enterprises are still difficult to balance the stock or increase, the price is difficult to move up. The domestic marketing of domestic cotton yarn is not obvious at present, and some of the market quotation is temporarily extended before the festival, and there is no obvious delivery in the downstream.
Polyester viscose yarn: in the short term, the cost of polyester viscose yarn is relatively stable, and at this time, yarn and downstream weaving are restricted by workers' arrival and logistical restrictions. The load is low and the overall trading atmosphere is light, so it is expected that the polyester viscose yarn will continue to stabilize in the short term.
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