Imported yarn quotations increased slightly, Vietnam imported yarn orders increased

Last Friday, China and the United States reached an agreement on the text of the first phase of the economic and trade agreement. The United States has promised to abolish some of the additional tariffs that it plans to impose on China and those that have already been imposed. In the context of improving Sino-US relations, the import yarn market is generally stable, and individual yarn orders have increased.　　According to feedback from traders in Jiangsu, Zhejiang, Qingdao and other places, since mid-December, weaving factories, intermediaries, and clothing companies in coastal areas have been indifferent to the inquiries and purchases of imported yarns, and the procurement progress has been average. Cotton yarn prices are mainly stable, and some goods are sold continuously but the market fluctuates little. As of December 19-20, the price of mainstream imported Vietnamese raw cotton OE16S woven in Jiangsu and Zhejiang is 18,000 yuan/ton; the price of ordinary Indian JC26S knitting dyeing in Guangdong market is 22,000-22200 yuan/ton; Shijiazhuang, Gaoyang, etc. The price of imported black yarn C32S woven (including tax) in the local market is around 19500-20000 yuan/ton. However, according to feedback, the price of imported yarn on the outer disk has increased slightly recently. Orders in Vietnam increased, prices in India were still high, and transactions in Pakistan were liquidated.　　 Since the beginning of this week, Indian prices have remained stable and strong, and some traders have made allowances for shipments, and carding transactions have improved. The price of C16S in some factories is US$2.23-2.25/kg, and the price is about 18700-18800 yuan/ton after RMB tax. The transaction is average. The trader compact spinning JC32S quoted a price of US$2.9/kg, about 24,200 yuan/ton after the RMB tax, and the transaction was light. The inquiry atmosphere in Vietnam is better, and the factory carding and open-end spinning are smooth. The price of C21S in some factories was US$2.3/kg (including float), RMB 18,600/ton after tax, and the transaction was acceptable. Pakistan prices are mainly stable, new orders are not many, and some traders are under greater sales pressure. At present, Siro spinning C10S RMB after tax is about 18,100-18,300 yuan/ton, and the transaction is not prosperous.　　According to the analysis, due to the effect of the New Year's Day, most domestic grey cloth and fabric manufacturers have holidays in advance, and there is not much demand for raw materials. The author understands that some spinning mills in Henan, Shandong, Hebei, Jiangzhe and other places have recently dumped goods and recovered payment in advance. Therefore, it is difficult for port customs clearance and the quotation of bonded cotton yarn to increase in RMB. In particular, traders also face the need to withdraw funds from years ago. The sales of imported yarn at the port may remain light. According to feedback from traders, as of mid-December, the stock of imported yarn in major port logistics areas and bonded areas such as Qingdao Port, Guangzhou Port, Shanghai Port and Ningbo Port was about 80,000 tons, which was little changed from the previous week. Article Keywords: 　Imported Yarn, Vietnam Imported Yarn