Shipments of low-count imported yarn have improved, and Pakistan's yarn arrivals rebounded

According to the reports of cotton yarn traders and weaving factories in Qingdao, Shanghai, Guangzhou and other places, since late September, the number of Pakistani cotton yarns in arrival, delivery, and storage has continued to recover; Indian yarn, Indonesian yarn, and Central Asian yarn (mainly Uzbek) (Stan, Turkmenistan), the number of arrivals to Hong Kong has continued to be weak.　　According to statistics, in August, Indian cotton yarn exports to China fell by 50% year-on-year, and exports to Bangladesh fell by 56% year-on-year. According to the survey, in the past week or so, the inspections, inquiries and transactions of imported OE yarn, C16-32S carded knitting yarn and OE knitting yarn in Jiangsu, Zhejiang, Guangdong, and Shandong markets are much more active than before the National Day, and the trading situation of traders Bottoming out and rebounding, there is a trend of 'turning around, not going to the end'; the trading of carded and combed yarns from India and Vietnam with C40S and above is still light, and it is difficult to alleviate the pressure of traders' inventory and funds. In contrast to the 'unsatisfactory' shipments of bonded, customs clearance OE yarns, and knitting yarns, the contracts for 'future yarns' in India, Pakistan, and Central Asia have continued to be sluggish and show little improvement. Mainly related to factors such as Sino-U.S. trade negotiations, wide fluctuations in the RMB exchange rate, and rising prices of Pakistani yarns.　　 Why did foreign yarns arrive in Hong Kong recently, 'Pakistan yarns increase, India yarns decrease'? The analysis is as follows: 　　 1, July-August, Pakistan’s 'future yarn' quotations have obvious advantages over India, Vietnam, and Indonesia (ship schedules are mostly from September to October, and the new tax system has a greater impact on cotton spinning mills), Chinese traders, weaving mills The willingness to accelerate 'abandoning India and buying Pakistan' is obvious.　　2. Pakistan's yarn mills are concentrated, and a large number of American cotton and Brazilian cotton are imported. The quality and stability of cotton yarn continue to improve compared with before July. According to statistics, as of September 15th, the new cotton market in Pakistan was 315,000 tons, a decrease of 26.4%. In order to meet production needs and stable quality, yarn mills actively imported low- and medium-grade Brazilian cotton, Argentine cotton (SLM1-1/16) and the United States. Chen Mian.　　3. The depreciation of the Pakistani Rupee against the US dollar stimulates the export of cotton yarn, grey cloth and clothing.　　4. China imposes zero tariffs on imported cotton yarn from Pakistan, and traders have turned to Pakistan yarn and Vietnamese yarn from the perspective of risk aversion. Article Keywords: 　Pakistan Cotton Yarn