Raw material price shifts down the cotton yarn market is weak

In the week (May 8-12), the transaction rate of the national reserve cotton dropped sharply. According to traders and textile enterprises, everyone actively bid for the national reserve Xinjiang cotton, and the 1-1.4 million tons of national reserve Xinjiang cotton was rotated every day. The transaction, while the real estate cotton traded only 3,000-3,500 tons per day, resulting in a sharp drop in the national reserve cotton transaction rate. The spot market has also shown the phenomenon of “heavy cotton in the country”. On the 13th, the price of “double 28” and “double 29” hand cotton in several major cotton areas in Xinjiang, such as Aksu and Kashgar, was 16,000-16,300 yuan/ton (delivery, gross weight), and the price remained stable. The spot price of some quality deviations has dropped slightly. For example, the 2227-level Xinjiang hand-collected cotton spot supervision warehouse has a delivery price of 15,200 yuan/ton, and the center of gravity has dropped by 100 yuan/ton. Recently, the spring cotton sowing work in the Mainland has been basically completed. The plant height of the early planting cotton seedlings in the Yellow River Basin is 6-7 cm, and the true leaves are 4-5 pieces. The overall growth is better. Recently, the spot market in the local market fell slightly. On the 13th, the prices of 3128 and 4128 grades of real estate cotton in Shandong and Hebei were 15500 yuan/ton and 15,000 yuan/ton respectively, down 50-100 yuan/ton, and the market transactions were relatively deserted. The spot sales of the national reserve cotton has been launched across the board. On the 13th, the price of the Xinjiang Cotton “Double 28” was 16200-16300 yuan/ton, and the price center of gravity fluctuated little.

During the week, the long-staple cotton market rose slightly. On the 13th, the price of 137 grade long-staple cotton in the Lulu and Jiangsu-Zhejiang provinces was 22,200 yuan/ton, and the price of 237 was 2,1200 yuan/ton, and the weekly rose at 200 yuan/ton. According to the feedback from the manufacturers, although the price has risen, there are not many transactions, mainly due to the increase in warehousing and interest costs. Weeks, the focus of polyester staple fiber prices fell, on the 13th Jiangsu and Zhejiang 1.4D spinning polyester staple fiber prices in 7300-7450 yuan / ton, compared with the previous week, down 200 yuan / ton; viscose staple fiber prices in 15700-15800 yuan / Tons, the price fluctuates little.

Cotton yarn aspects, pure cotton yarn prices were generally steady, local was down. During the week, pure cotton yarn transactions are still mainly concentrated in the carding 32S, 40S, combed 21S, other specifications are relatively light. On the 13th, the price of 21S, 32S and 40S in a factory in Shandong was 2,1800 yuan / ton, 23,500 yuan / ton, 24,600 yuan / ton, the price center of gravity was stable, and the price of a single trading company was 100-150 yuan / ton. During the week, the high-count combed yarns remained stable and weak, and some of the real-selling prices fell by 200 yuan/ton. On the 13th, the prices of combed 21S and 32S in a factory in Jiangsu were 23,400 yuan/ton and 24,900 yuan/ton respectively. The price of cotton yarn with long-staple cotton as the main blending cotton is mainly weak. On the 13th, the price of 100% long-staple cotton combed 80S in Jiangsu area was 57,500 yuan/ton, and the price dropped slightly by 100 yuan/ton. The prices of pure polyester yarns were stable during the week, among which the prices of pure polyester cotton 21S and 32S were 10,300 yuan/ton and 11,400 yuan/ton respectively, and the recent transactions were light. According to market analysis, the prices of downstream grey cloths and fabrics have remained stable in the near future, and transactions are generally difficult to support cotton yarns. Therefore, it is expected that the cotton yarn will continue to stabilize in the near future.

Import yarn aspects, according to traders to reflect the recent foreign ports yarn stocks in line 7.0-7.2 ten thousand tons, of which India yarn forward contract prices sharply lower, while the domestic cotton spot prices of imports rose steadily, gradually narrowing the spread between the two .