Import yarn delivery - more cold and cheerless buyer defaults
Textile information -
Textile net -
Textile integrated service provider
According to Qingdao, jiangsu, zhejiang, guangdong and other places reflect cotton traders, except for OE yarn, 8 - since August
16 s siro-spun some inquiry, delivery is acceptable, C21 -
40 s and JC21 -
40 s cotton trading continued weakness, light, especially India, Vietnam, Indonesia and other mills high 40 s and older with combed, compact spinning almost & other;
There & throughout;
Squealed, traders, factory office.
From the survey, since mid-july ports on the cotton yarn inventory continues to edge up, some enterprises have to with foreign traders, weaving mill or vendor coordination delayed 15
20 days of shipment, prolong the contract performance period, reduce the risk of sales and fund redemption pressure;
Affected by cotton, cotton prices drastically cut the buyer default, mutual termination or sellers repurchase phenomenon not uncommon.
A zhejiang enterprises in zhangjiagang, Shanghai, ningbo, Qingdao, guangzhou port inventory of about 1500 tons of cotton yarn, sight, 8 - plus
September shipment 900 tons of cotton yarn,
Mainly Vietnam yarn, yarn in Pakistan, India) yarn is
Shipment, now feel stress, money, etc.
On the one hand, mills quotation as traders crack is difficult to survive.
Since April 2019 ICE period cotton main contract from 77.
45 fell to 57 cents per pound.
Fell 26 cents/pound, 19.
89 cents/pound, or 25.
48%, India, Pakistan, Vietnam and other mills slashed cotton yarn FOB and CNF price, traders & other;
The goods did not arrive, first loss & throughout;
And the more the greater the loss.
On the other hand, China imported yarn, yarn upside down trend is more and more prominent.
Round by the national cotton reserves to reduce costs, sufficient domestic cotton supply and demand and rising sino-us trade disputes, and so on bad blessing, domestic yarn price cut more sufficiently, hangs aggravating traders in a dilemma.
Qingdao port in India since the middle of August C32S BaoPiao yarn 21750 - quotation
21950 yuan/ton (
More than 22000 yuan/ton price less)
, and with yarn in domestic C32S quotation only - 21200
21500 yuan/ton, down inside and outside the 300 -
Another recent currency suddenly broken 7, influence on weaving mill, trade ShangQing clearance import yarn also cannot be underestimated.