Weaving Market: Orders Have Improved Since August And The Market Is Warm

In the past month, the domestic cotton spot price continued the rising trend in the previous period, and the market transaction increased slightly; the yarn market improved slightly, but the price was still weak; the grey cloth market demand was good, and the starting rate increased.

1. Raw material Market

In the past month, cotton prices at home and abroad continued the upward trend in the previous period. On August 27, the domestic price of 3128b cotton was 12670 yuan / ton, up 245 yuan / ton compared with the same period of last month. Textile enterprises actively bid for reserve cotton, and the purchase of cotton in the spot market is still dominated by small quantities of cotton, with a slight increase in transaction volume, but it is still in a downturn. According to the survey, the inventory of raw materials was basically the same as the end of August.

Cotton yarn market slightly improved, enterprises reflect that orders have improved, but the price is still weak. On August 27, the domestic c32s quoted 18440 yuan / ton, down 95 yuan / ton from the same period last month. Conventional pure cotton yarn sales situation is relatively good, combed yarn demand is still insufficient, high count yarn began to have a small amount of goods, there is room for price negotiation. The overall yarn inventory of enterprises has declined, and the cotton yarn inventory of most investigated enterprises is about 1 month. In terms of equipment utilization, as the downstream demand has not improved significantly, the startup rate of enterprises is basically the same as that of last month, which is still in a low position.

2. Weaving Market

Grey fabric market demand overall improved, but the range is limited, grey cloth price is still at a low level, the start-up situation has improved compared with last month. According to the survey enterprises, since the end of August, the downstream inquiry and proofing have gradually increased, and some large orders have been inquired, but there is still a big gap compared with the same period in previous years. In terms of inventory, with the increase of demand, the overstocked inventory of enterprises in the early stage began to slowly digest. At present, the inventory of most surveyed enterprises is still at a high level, with an average of about one month.

According to the market, in August, the foreign trade orders of Nantong market showed an increasing trend, and the orders of printing and dyeing enterprises also improved, but the follow-up orders could not be guaranteed, and the orders of yarn dyed weaving enterprises were still insufficient; the orders in Lanxi market showed a slight improvement, the sales of conventional elastic cloth was relatively good, the quotation was confused, and the order situation of inelastic conventional varieties was poor. On the whole, although the price of raw materials has increased, the price of grey cloth is still weak. At present, the enterprises still focus on de stocking and the profit situation is poor.

3. Future prospects

From a global perspective, if the epidemic situation is effectively controlled and there is no rebound, the market demand will gradually recover slowly. However, the current international economic and trade environment is still complex and changeable, and the uncertainty is still strong. In the near future, the fabric market is expected to improve in the peak season, but the overall market demand is still weak in September. In the new development pattern with domestic circulation as the main body and domestic and international dual cycle promoting each other, enterprises need to tap the potential of domestic demand and strengthen the domestic demand market.

(the above contents are from the sample survey of weaving enterprises for reference only.)