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Outside the yarn recovery traders adjust direction - 'a flash in the pan' Textile information - Textile net - Textile integrated service provider
by:Chengyi
2020-07-01
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,
Or Christmas)
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.
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