Outside the yarn recovery traders adjust direction - 'a flash in the pan'
Textile information -
Textile net -
Textile integrated service provider
According to guangdong, fujian, jiangsu and zhejiang, cotton traders feedback, in recent days the port bonded, clearance cotton inquiry and shipment from October occurrence peak have been go pale, decreasing (
India and Pakistan yarn better sales only & other;
A flash in the pan & throughout;
, with the exception of C21, C32 knitting yarn and OE10S -
OE16S yarn demand, order not, prior to the goods, supply tight 8 s - Pakistan
16 s siro-spun order cooling is more obvious.
Qingdao dealer said that currently bonded, spot or futures $yarn price stability strong,
Vietnam yarn, central Asia, Indonesia yarn CNF, FOB price oscillation increases with ICE cotton futures rose)
With commissioner of yarn RMB quotation overall stabilisation, but with zheng, cotton futures rebound (
Domestic cotton, cotton spot echoes up)
, traders incentives, and benefits from 100 - space
200 yuan/ton to 50 yuan/ton, no longer even at a discount, and domestic yarn and synthetic, not only and roughly the same pace.
Additional as we have learned, at present India, uzbek, Indonesia origin 40 s and to count cotton yarn inquiry, outbound is slightly better now (September/October
With more than 32 s combed yarn)
, traders, brokers, high count blended yarn in the operation and direction to adjust direction.
OE yarn, low a ring spinning sales & ahead of the other;
Curtain call & throughout;
Reasons are as follows: first, the domestic foreign trade, garment, weaving enterprise & other;
Golden nine silver ten & throughout;
Order is significantly weaker than expected and is still in short order, many varieties, low profits,
Mainly to the single;
Second, southeast Asia, central Asia cotton mills main purchasing low quality, low level of Brazil, India, cotton, such as west Africa cotton spinning cotton yarn 21 s and below, unable to meet the requirements of weaving mill in China, traders (
Since the collaterals, BaoPiao)
Three is the internal and external C32 C21 count cotton yarn spreads narrowed to 200 -
300 yuan/ton, the yarn declining competitiveness;
Four is to depreciate the renminbi expected strongly.
Some institutions,. ltd, traders believe that on the fed to cut interest rates and currencies and other central Banks around the world;
Sluice & throughout;
And widen the RMB exchange rate volatility, signing the risk of futures yarn, cotton imports is larger.