Cotton yarn pessimism aggravated, enterprises cut prices and demand quantity

During the week (May 29-June 2), the turnover rate of domestic cotton storage rounds increased slightly compared with the previous week, but it was mainly caused by two reasons: first, the reserve price of rounds within the week was lowered by 281 yuan/ton. The average transaction price declined from the previous week; second, the number of Xinjiang cotton in rounds increased to 15,000 tons, and the Xinjiang cotton transaction rate was still 100%, which lifted the overall transaction rate. In addition, the transaction volume of real estate cotton is still not optimistic. First, the price increase of real estate cotton is relatively low; second, the auction and storage companies still generally sell the goods after viewing the goods in the storage warehouse, and the cautious attitude is still obvious. During the week, the spot market was 'steady and falling.' First of all, the price of high-quality Xinjiang cotton remained stable, but the transaction volume decreased. On June 3, the transaction price of Xinjiang cotton from the 'Double 28' state reserves in Shandong and Hebei was 16400-16500 yuan/ton (pickup, gross weight), and the price of hand-picked cotton in Xinjiang for 'Double 29' and 'Double 30' was 16700-16900 yuan. /Ton, individually at 17,000 yuan/ton, the price fluctuates little. However, according to the company's feedback, the actual transaction volume has decreased due to strong market reluctance to sell. Secondly, real estate cotton has 'decreased in price'. As of June 3, the price of 3128 State Reserve real estate cotton in Jilu and Jiangsu and Zhejiang was around 15,500 yuan/ton, and the price dropped by around 100 yuan/ton from the previous week. The market believes that due to the poor spinnability of real estate cotton, textile companies generally only use the state-owned cotton real estate cotton or the 2016 real estate cotton when spinning yarn counts of 32S and below. Otherwise, they will mainly use high-quality Xinjiang cotton, Australian cotton, and American cotton. . In terms of other raw materials, the price of viscose staple fiber remained stable during the week. On the 5th, the price of 1.5D*38mm viscose staple fiber in Jiangsu and Zhejiang remained at 14,600-14,700 yuan/ton, while the negotiated price of some companies remained at 14,500 yuan/ton. First line. The price of polyester staple fiber dropped slightly. On the 3rd, the price of 1.4D direct-spun polyester staple fiber in Jiangsu and Zhejiang was RMB 7550-7750/ton, down by RMB 50/ton from the previous week. Recently, the price of long-staple cotton has continued to rise. On the 3rd, the prices of grade 137 and 237 long-staple cotton in Jilu area were 22,500 yuan/ton and 21,300 yuan/ton respectively, up 100-200 yuan/ton.　　 In terms of cotton yarn, the conventional yarn orders of textile enterprises are acceptable recently. According to the introduction of small and medium-sized textile enterprises in Jiangsu and Zhejiang, since June, the orders of enterprises have been full and they have been operating at full capacity. However, the price of yarn continues to fall, which means that the price cut will attract orders. As of June 3, the prices of OE10S, u200bu200bOE12S, and OE16S in Jiangsu and Zhejiang were 14,500 yuan/ton, 14,800 yuan/ton, and 15,200 yuan/ton, respectively, and the price dropped by about 100 yuan/ton. In addition, the sales of Carded 32S and 40S are acceptable, but the prices have also fallen. On the 3rd, the quotations in the Jilu area were 23,200 yuan/ton and 24,500 yuan/ton, which continued to fall by 100 yuan/ton. According to analysis, the decline of pure cotton yarn is caused by the decline in the price of upstream raw materials; second, the competition in the market has intensified. Recently, the prices of pure polyester yarn and blended yarn have been stable, and transactions have been light. On the 3rd, the prices of pure polyester yarn 21S and 32S in Jilu area were RMB 10,500/ton and RMB 11,600/ton respectively, and the prices were stable. The price of polyester-cotton yarn T65/C35 21S is 14,400 yuan/ton, and the price of 32S is 15,500 yuan/ton. The price remains stable.　　 In terms of imported yarn, according to the feedback from traders, the port inventory has been at the line of 63,000 tons recently, which has continued to drop by about 5,000 tons. Recently, the price of imported conventional yarn and domestic cotton is still upside down at 1,000 yuan/ton, and the sales of imported yarn are still weak, and traders are under pressure to destock. Article Keywords: 　Cotton Cotton Yarn