Cotton yarn will be the same as the phenomenon of cotton yarn full of people

According to some traders, many large and medium-sized spinning companies had to reduce their production capacity in advance one month before the Spring Festival, and seize the “destocking” of products. After the holiday, some small and medium-sized enterprises were experiencing difficulty in recruitment, high raw material prices, or lack of downstream orders and cash flow. Tension has not been able to start on schedule due to delays, plus China’s “blowout” for cotton imports from India and Pakistan has impacted the domestic low-end cotton yarn market. Therefore, the prices of high-grade combed yarns and combed yarns have been rising continuously since the Spring Festival. Dachang's offer of combed cotton yarns of 40 or more increased by 1,500-2,000 yuan per ton, while that of small and medium-sized manufacturers rose by 800-1,000 yuan per ton. Cotton yarn will repeat the same phenomenon as cotton “full of yarn”.

According to feedback from some cotton yarn import traders in Jiangsu, Zhejiang, and Guangdong, since the price of domestic cotton rose by more than 10 cents/pound in recent months, the s-6m quotation has even increased by 13-14 cents/lb since January. Due to the strong purchasing of Chinese traders and weaving mills, India’s export quotation for cotton yarns increased by more than 30s. Some manufacturers adjust their quotes 2-3 times a day. The yarns are under the influence of insufficient supply of natural gas and the price of cotton continues to rise slightly. Also quickly "high jump."

Recently, quotes from an import company: India c32s, c40s carded yarn offer was 26,500 yuan / ton, 27,500 yuan / ton; jc32s, jc40s offer were to reach 30,000 yuan / ton, 31,000 yuan / ton; Pakistan c20s, jc20s The quotation is 26,000 yuan/ton and 29,000 yuan/ton respectively, which has been the same as the domestic medium-sized spinning mill quotation. From the price point of view, the difference between the same count of carded yarns and combed yarn quotes in India is not significant. On the one hand, the amount of cotton collected after the roller rolls pass the comber is small; on the other hand, India cotton combing and carding The difference between cotton yarns is not large, and cotton yarns with 40s and below are generally lower than grade 3. However, the spreads of combed yarns and combed yarns in Pakistan and China with the same amount are more than 2,500 yuan/ton.

For the surge of Chinese yarn imports, the domestic high-grade cotton yarn rebounded and the main contract of ice cotton ** was still possible to test 90 cents/lb. Most Chinese weaving companies and clothing companies performed relatively calmly and had very little in the short term. The phenomenon of yarn storage, storage, or storage of fabrics, and export orders are not significantly warmer than before the Spring Festival. Downstream demand is difficult to keep up with the increase in raw materials and cotton yarns in the midstream, and the problem of “bowel infarction” is still difficult to solve.

It is understood that the market rumors that the relevant state departments in April may increase the quotas for importing sliding tariffs and processing trade cotton, and at the same time strongly anticipate the sale of the State Reserve Cotton in 2012/13 in April. Once the new cotton enters the market and meets market demand, The failure of the warehouse will trigger the cotton price to return to the falling channel.

In April, the monetary policy may be tightened again afterwards. The capital, orders, and export pressure faced by the small and medium-sized cotton textile enterprises rise. With the large number of cotton yarns imported in March and April, Qingdao, Zhangjiagang, and Shanghai Port operate cotton yarns. With the increasing number of trading companies and foreign companies, cotton yarn is likely to appear as a cotton-like phenomenon in ports, and the price and sales volume of domestic cotton spinning mills may be even greater. As a matter of practice, orders for spring and summer textile enterprises after April have been established. At the end of the autumn and winter season, the arrival of orders is still early, or there will be an export "vacuum period", and the price trend of the latter market is worthy of attention.