Yarn Price Up 300-500 Yuan / Ton C32S Yarn Supply Tight

From the market survey of Guangdong, Jiangsu, Zhejiang and Shandong, since the end of October, port bond and customs clearance cotton yarn inquiry and shipment have not been improved with the rise of ICE and Zhengzhou. Besides OE8S-OE16S yarn and C21-C32S knitting yarn, strong accidents happen. India, Vietnam, Indonesia and Uzbek Buick and other producing areas, 40S and above combs, JC32S and above high count combed yarn sales continue to be weak and depressed. Guangdong market 8S-16S Pakistan siro spinning demand has also continued to fall to the top. High prices, insufficient quality stability and cotton mill grade decline are important reasons.

However, over the past week or so, the supply of high grade bleached imported yarn in Zhejiang Shaoxing, Jiangsu Changzhou and Jiangsu Nantong market has been tightened. Traders rush to transfer goods from Guangdong or Qingdao port or sign the Vietnamese brands of Vietnam and India at C32S. On the one hand, since October, the demand for C32S knitted yarn and woven yarn (package bleaching and self winding) of the weaving factories in coastal areas is relatively large, mainly producing bedding, shirts, high-grade towels, etc. on the other hand, 9/10 yarn looms and middlemen C32S yarn shortage is on the other hand. Due to the fact that China's textile, clothing and foreign trade enterprises were not optimistic about the substantial progress made in the Sino US trade negotiations in 7/8/9 months, they took the initiative to go to the stock of gauze and clothing. With the prospect of the Sino US consultation in early October, the replenishment bank was quietly launched.

And spot opened the continuous rising mode (CF2001 contract rose from 11970 yuan / ton to 13215 yuan / ton, or 10.4%), and the "double 29" hand picked cotton sale quotation from the southern Xinjiang library also rose from 12500-12600 yuan / ton to 13400-13500 yuan / ton (public heavy settlement), and the domestic yarn factory had no profit or even production and sale. It had to raise the yarn price by 300-500 yuan / ton (OE yarn and C40S and below carding yarn); meanwhile, the quotation of CNF and FOB of India, Pakistan, Vietnam and other foreign factories were also strong, and the space was close to cotton spot, so the purchasing effect of domestic looms and middlemen was not large. It is understood that 10 in the second half of the month, Zheng cotton.

Shandong, Qingdao, Zibo and other places of cloth factory feedback, at present, the price of cotton yarn blended with inside and outside cotton in C32 is 100-300 yuan / ton, which is more obvious than that in September. However, because of the low quality and late flowering, the cotton and cotton in India, Vietnam, Pakistan, Brazil and West Africa are relatively mixed, and some cotton yarn "OEM" processing, resulting in the consistency and stability of the whole yarn is not ideal. Therefore, even since October 1st, the US dollar has fallen by nearly 1% (Offshore) has fallen by nearly 1.13%.