The Trend Of Cotton Market Is Clear, And The Price Difference Between Inside And Outside Yarn Is Widening Further.

In October 16th, the 40 mainstream market prices of combed spinning were 23900-25200 yuan / ton, down 800 yuan / ton compared with September 30th.

The turnover of all cotton yarn in Nantong home textiles has picked up slightly. Some downstream manufacturers have obviously replenishment after the festival. The 40S rapier has no ticket price of 21800-22000 yuan / ton, the jet price is 22600 yuan / ton, 32S sales are still good, there are still profits, and 40S sales are slow.

Some manufacturers of high count yarn have a slight increase in sales, but the price has dropped. The price of 50S combing in a factory in Henan is 31500 yuan / ton, the combed compact spinning price is 32500 yuan / ton, the combing price of 60S is 33500 yuan / ton, and the combed compact spinning price is 34500 yuan / ton.

The quotation of Changzhou pure cotton yarn is chaotic, the imported package bleached yarn is sold well, the domestic yarn is light, and the Shandong air spinning 10S offers a price of 15100 yuan / ton, and the 16S quotation is 16700 yuan / ton.

Textile enterprises are now buying the first batch of new cotton in Xinjiang. The order is urgent and time concentrates. Raw material inventory of spinning enterprises is changing rapidly to new cotton.

Upstream cotton market trend is clear, in October 14th, a large textile enterprise procurement plan announced in Shandong, from 15 to 3128 yuan to factory price 14000 yuan / ton (public settlement), because the enterprise in the industry "hold the ears", its price in the market to play the role of "wind vane", the factory price, the market lint quotation is increasingly clear.

On the same day, the price of raw cotton in mainland China fluctuated little, and the scale began to increase. The purchase price of Xinjiang seed cotton climbed to 6.20-6.30 yuan / kg, and the lint cost was approaching 14800 yuan / ton. The cost of pporting cotton to the mainland was over 15600 yuan / ton, and the impact on the mainland weakened.

Supply exceeds demand.

Insufficient prices continue to slide.

In recent years, the spot market of imported yarn has increased, and the demand recovery of downstream textile mills has been slow, resulting in loose supply and demand.

At present, the external yarn inventory of the port has increased to about 78 thousand tons, still at a high level, and the sales pressure of traders is larger, with a slight profit or even a loss.

14-15, Shanghai, Ningbo port India a C21S, 32S, 40S RMB quoted price concentrated in 20200-20800 yuan / ton, 21500-21700 yuan / ton, 22500-23000 yuan / ton.

A trading company in Hangzhou produces air spinning 16S price of 16000 yuan / ton, general carding high 21S price 21200 yuan / ton, 32S price 22100 yuan / ton, combing 32S price 24300 yuan / ton. 21S

Analysis of internal and external yarn prices further widened.

Since mid September, the price of cotton yarn at home and abroad has declined to a certain extent in the domestic market, but the price of imported yarn has fallen faster and larger, and the price difference between internal and external yarn has increased significantly.

According to traders from Qingdao port and Ningbo port, at present, the market mainly includes India and Pakistan yarn and Vietnamese yarn. Most of them are made of 16-40 coarse and medium yarn, and the combed yarn is rarely seen in the market. However, the sales progress is still not weak, because the price difference between the internal and external yarns is widened, and the price difference of most varieties is over 2000 yuan / ton.

To sum up, with the large number of new cotton listed, spinning enterprises will mainly focus on new cotton production, and the cost of raw materials will drop by more than 3000 yuan per ton during the period of dumping.

In addition, the price difference between internal and external yarn is as high as 2000 yuan / ton, which makes the inner yarn lose its international competitiveness, forcing enterprises to reduce the price of finished products. Therefore, it is estimated that domestic cotton yarn will be 500-1000 yuan / ton in late October to early November.