Imported yarn stocks continue to rise, traders choose to stick to

According to cotton trading companies in Guangdong, Jiangsu, Zhejiang, Shandong and other places, the inventory of bonded and customs-cleared unprotected cotton yarns at various ports has increased slightly since late July. Not only the inquiries and shipments of carded/combed/compact spinning cotton yarns of C40S and above have continued. C32S and below ring spinning and 8S-16S Pakistan Siro spinning, which were weak and sluggish, and the previous trading was not satisfactory, also fell into the desert again (C21S, C32 woven yarn shipments are slightly better than knitting yarn), and OE yarn has become The only 'figure leaf'.　　 Corresponding to the trading volume, the quotations of imported yarns in both the outer and inner markets have shown a downward adjustment trend in the past week or so. Among them, the quotations of India and Pakistan cotton yarns FOB, CNF, and CIF have decreased more than those from Vietnam and Central Asia. According to industry analysts, on the one hand, the impact of the sharp fall in ICE cotton futures in July on the pricing of spinning mills has gradually manifested (the main contract low of 61.66, a decrease of more than 20% from mid-April); on the other hand, due to China, Bangladesh, Europe, etc. The sharp decline in the purchase of imported cotton yarns has led to a significant increase in the inventory pressure of the Indian and Pakistani yarn mills, and the yarn mills and exporters have to cut prices and run out of stock. Weaving factories and intermediaries in Jiangsu, Zhejiang, Henan and other regions said that compared with the reduction in US dollars for bonded yarns and 'futures yarnsBusinessmen are unwilling to lose money; second, they are full of expectations for the launch of the domestic market in August/September/October; third, the global monetary policy turns to loose, China will adopt RRR cuts, targeted RRR cuts and even interest rate cuts to stimulate the real economy; fourth, weaving as of the end of July Enterprises, dyeing factories, garment factories, foreign trade companies and other raw materials stocks are low. Once domestic and foreign sales orders 'return110 kinds of imported goods lifted tariffs and China restarted the import of U.S. agricultural products. Both China and the U.S. have compromised in negotiations and negotiated in compromise. Trade disputes will eventually be effectively resolved. According to the survey, the price gap between domestic and foreign cotton yarns was strong. In the first half of July, there was a widening of 100-150 yuan/ton. Traders are under greater pressure on short-term shipments. They still need to wait for news and positive factors to stimulate. Space' can be achieved or a slight profit can be achieved. Article Keywords: 　Imported Yarn