C32S imported yarn supply is slightly tight, port shipments have not improved much

From the survey of Guangdong, Jiangsu, Zhejiang, and Shandong markets, since late October, the port bonded and customs clearance cotton yarn inquiries, and shipments have not risen with ICE cotton and Zheng cotton, except for OE8-16S yarn and C21 The sales of -32S knitting yarns were unexpectedly poor. The sales of 40S and above carded yarns and JC32S and above combed yarns in India, Vietnam, Indonesia, Uzbekistan and other producing areas continued to be weak and sluggish. The demand for 8-16S Pakistan Siro spinning in the Guangdong market has also continued to peak and fall. The important reasons are high prices, insufficient quality stability and the decline in the grade of cotton distribution in the spinning mills.　　 But in the past week or so, the supply of C32S medium-to-high bleached imported yarn in the markets of Shaoxing, Jiangsu, Changzhou, Jiangsu and Nantong, Jiangsu has been somewhat tight. On the one hand, since October, weaving mills in coastal areas have had a large demand for C32S machine knitting yarn (wrapped and self-winding), mainly producing bedding, shirts, high-end towels, etc.; on the other hand, from September to October, weaving mills and middlemen C32S Insufficient yarn inventory. Since my country’s weaving, clothing, and foreign trade companies were not optimistic about the substantial progress made in Sino-US trade negotiations from July to September, they took the initiative to remove yarn, cloth, and clothing inventories; as the prospects for Sino-US trade negotiations in early October improved, The restocking started quietly. It is understood that in mid-to-late October, Zheng Mianhe's spot started a continuous increase mode (CF2001 contract rose from 11970 yuan/ton to 13,215 yuan/ton, an increase of 10.4%), and the sales price of “Double 29” hand-picked cotton in Nanjiang Library also increased from 12,500 -12,600 yuan/ton soared to 13,400-13500 yuan/ton (weight settlement), domestic yarn mills had no profit or even production and sales were 'upside downCarded yarn); In the same period, the CNF and FOB quotations of yarn mills in India, Pakistan and Vietnam were also strong, and the upward adjustment space closely followed the cotton spot. Therefore, the 'spillover' effect of domestic weaving mills and middlemen purchases is not large, India, Pakistan, etc. It is not obvious that spinning mills have received orders from Chinese buyers for 'future yarn'. Weaving mills in Qingdao, Zibo and other places in Shandong reported that the current price of C32S mid-component yarns is 'upside down' by 100-300 yuan/ton, which has contracted significantly compared with September. However, due to the low-quality and late-stage cotton blending of India, Pakistan, and Vietnam Flower-based, American cotton, Indian cotton, Pakistani cotton, Brazilian cotton, West African cotton, etc. are more mixed, plus some cotton yarn 'OEM' processing, resulting in the overall yarn consistency and stability is not ideal, so even in 10 Since January 1st, the US dollar against the RMB (offshore) has fallen by nearly 1% (onshore down by 1.13%), and the port bonded and customs clearance cotton yarn transactions have not yet reached the 'hurricane'. Article keywords: 　C32S imported yarn