Inside And Outside The Cotton Yarn Upside Down To Expand The Yarn Business Has Improved.

According to Guangdong, Jiangsu and Zhejiang and other places of cotton yarn trade enterprises reflect, since mid June, port bonded, 7/8 month sailing Pakistan 8S-16S siro spinning and 21S, 32S high price inquiry, spanaction bottom rebound, especially big factory, bleached yarn recovery is more obvious; and other origin OE yarn outside sign is not satisfactory. Jiangsu, Nantong, Changzhou and Shandong Zibo, Weifang and other weaving factories said that the trading atmosphere of C40S knitting yarn in India and Vietnam has improved slightly, and orders have been concentrated in the outer market. The internal market is light because the import companies are very expensive, reluctant to sell and a small number of customs clearance.

According to the survey, on June 18-20, Henan, Shandong, Jiangsu and other places India, Vietnam C32 high white bleached yarn quoted price of RMB was more than 22300-22500 yuan / ton, while the domestic C32S cotton yarn ex factory price was concentrated in 21800-22000 yuan / ton, and the two were hanging upside down 500 yuan / ton. An importer in Qingdao analyzed that the quotation of cotton yarn has been followed up sharply since the sharp fall in June, and the prices of FOB, CNF and so on, such as India and Pakistan, are also dropping. The price difference between inside and outside cotton is up to 300-400 yuan / ton to the present. Therefore, a part of the high priced import yarn contract signed in 4/5 month is facing difficulties. Chinese buyers hope to renew the contract, postpone shipment, buy back, or even break the contract.

There are three reasons for the falling price of the India Pakistan yarn quotation: the first is ICE cotton in 5/6 month. futures The price of raw materials in the cotton mill has declined rapidly, and the price of the cotton mill has slowed down rapidly. The profit of the cotton mill has been sluggish, and the profit of the cotton mill has been significantly improved. The two is the continued depreciation of the Pakistan and India rupees, which is conducive to the export of gauze garments and the reduction of the quotations of the mills. The three is that the port bonded cotton yarn is getting bigger and larger, and the sales and capital pressures of traders are rising to varying degrees. In recent days, the appreciation of the RMB has greatly increased, providing the conditions for the import of yarn to clear customs and break through the bottleneck. Four, the increase of Sino US negotiation and the escalation of trade war have led to the Chinese buyers' purchase of pure cotton yarn. Blending The demand for yarn is restrained, and some of the countries such as India and Pakistan are unable to get orders, so it is reasonable to "reduce prices and run goods".