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The cotton yarn market has picked up, and the 'sky monkey' of pure polyester yarn has passed. How does the textile market perform?

by:Chengyi     2021-03-15
In early December, the prices of raw materials and yarns mostly stabilized, with slight increases in some areas. But recently, the sales market atmosphere has gradually returned to calm, with a serious wait-and-see mentality, and most of the market performances are not satisfactory. 1. Less than 10% of the turnover of reserve cotton will enter the third week (December 16-20), the turnover rate has continued to decline, the whole week plans to rotate 35,000 tons, the cumulative turnover of 2400 tons, the turnover rate is 6.79 %, a decrease of 20.07 percentage points from the previous week, the lowest transaction price was 13,355 yuan/ton, and the highest price was 13,425 yuan/ton. Among them, the transaction rate was the highest on December 16, at 21.71%, and the transaction rate was the lowest on the 20th, with no transactions on that day.   On December 24, Xinjiang Cotton Wheel entered the market with 7,000 tons, and there was no transaction. As of December 24, the accumulated turnover of reserve cotton rounds was 36,140 tons, with a turnover rate of 30.37%. 2. Domestic and foreign cotton prices have risen slightly. Recently, the market has generally been immersed in the favorable atmosphere of the first stage of Sino-US trade economic and trade agreement. Domestic cotton prices have continued to rise slightly. On December 24, domestic cotton 3128B was quoted at 13,213 yuan/ton, compared with 12. On December 20, it rose by 26 yuan/ton; on December 24, the price of imported cotton price index FC Index M was 78.67 US cents/lb, which is 13588 yuan/ton under 1% tariff, an increase of 153 yuan from December 20 /Ton; but the price performance of Zheng cotton was slightly weak. On December 24, the closing price of Zheng cotton futures main CF005 was 13390 yuan/ton, which was 10 yuan/ton lower than the price on December 20. 3. More preferential shipments of pure cotton yarn. Recently, the trading atmosphere in the carded cotton yarn market has picked up, ending the negative decline in the previous few days. The mainstream transaction price of C32S in Shaoxing Qianqing market is about 20,200 yuan/ton, JC32S The mainstream transaction price is around 22,650 yuan/ton, and the trading of combed yarn is relatively weak, and more preferential delivery. On December 24, the average market price of pure cotton yarn 32S was 20,690 yuan/ton, which was the same as on December 20. 4. The pure polyester yarn market is gradually flat. At present, the market for polyester staple fiber fluctuates greatly. Due to the significant increase in the price of polyester raw materials in the early stage, the price of polyester staple fiber has risen steadily, and the average price of mainstream products in the market has risen to 7,070 yuan/ton. Around 100-200 yuan/ton. The pure polyester yarn market was driven by the increase in raw material prices. The average price of the mainstream product T32S in the market rose to 11,350 yuan/ton, with an increase of about 200 yuan/ton, and the overall market volume was average. But the good times are not long. The pure polyester market has now returned to calm. On December 24, the average price of polyester staple fiber market was 6,930 yuan/ton, which was 120 yuan/ton lower than that on December 20. The pure polyester yarn market was gradually flat, and the overall price was Temporarily stable. 5. The rayon yarn market is still cautious. Recently, the viscose staple fiber market has maintained stable quotations, but the actual price performance is weak. The current average market price of viscose staple fiber is about 9,700 yuan/ton, although the price of viscose staple fiber is lower than historically However, the market performance is still cautious, the demand in the mid- and downstream market is still poor, and rayon yarn spinning enterprises still mostly digest inventory and collect funds. According to some market participants, the current viscose market is still not optimistic, and the replenishment remains to be seen. To sum up, the current market is slightly depressed. The analysis is mainly based on the following factors:    1. From an industry perspective, there is a lack of positive factors to stimulate, and the agreement reached in the first phase of Sino-US trade has not yet been officially signed. General lack of confidence;   2. From a market perspective, the overall inventory has increased, but the actual demand in the downstream market is still weak, which is difficult to form a strong support for the entire textile market.  3. From the perspective of the time point, the double festival is approaching, and the market holiday atmosphere is relatively strong. Combined with the current actual situation of textile enterprises, the shutdown phenomenon has been included in the plan. Article Keywords:  Pure Cotton Yarn Market Pure Polyester Yarn
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