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The Yarn Is Still Unsalable, And The Textile Enterprise Plans To Leave Ahead Of Schedule.

2019/12/5 12:17:00 0

YarnUnsalable

Last week (November 25-29), market changes remained stable, with many parties taking the wait-and-see perspective, raw material prices rising, textile mills orders still unsatisfactory, and yarn running smoothly.

Raw materials for cotton. Zheng cotton continued to oscillate and rose slightly during the week. In November 30th, Xinjiang cotton had slowed down because of the decline in quality, but the price of seed cotton in the southern Xinjiang was stable. The price of linen 40-42% was stable at 6.20 yuan / kg. The price of lint cotton was stable. The price of hand picked cotton in southern Xinjiang was between 13400-13800 yuan / ton (picking up, gross weight, carrying tickets), and the settlement price was 13000-13400 yuan / ton. The price of cotton in the mainland rose slightly, but the market performance was rather cold. The parties were watching more strongly. The mainstream purchase price of seed cotton in Shandong and Hebei was 2.9-3.1 yuan / kg (38-40%, color is white, 27-28mm in length), the price of lint was 13100-13300 yuan / ton, and the price of cotton lint with special quality was 13500 yuan / ton, and the market activity was limited.

Other raw materials. Polyester staple market is mainly based on stability. In November 30th, Jiangsu and Zhejiang 1.4D*38mm polyester staple fiber reported 7060 yuan / ton, compared with the previous week, the price changes little, sales volume is still good, large single volume can be negotiated. Viscose staple prices are rising. 1.5D*38mm viscose staple fiber price 11200 yuan / ton, 1.2D*38mm viscose staple fiber quoted price 11100 yuan / ton, compared with the previous week price rise 300-400 yuan / ton, including tax ex factory price, large single quantity can be negotiated.

Pure cotton yarn. A person in charge of a textile enterprise in Jiangsu and Zhejiang has introduced plans to have more business in the first ten days of January 2020, but not many in December 2019. Compared with the same period last year, most manufacturers took a vacation about 15 days before the Spring Festival. This year, some enterprises have already moved ahead of the holiday plan to 30 days. Market analysis, textile enterprises intend to leave early this year, the main reasons are: first, alleviate the pressure of funds, two to inventory, and three is the Spring Festival this year earlier than in previous years. At present, yarn costs are high and orders are heavy. In November 30th, the price of 21S high quality knitted pure cotton yarn quoted by a factory in Shandong was 19600 yuan / ton, and the price of 32S high quality knitted pure cotton yarn is 20800 yuan / ton at present.

Other yarns. Polyester cotton yarn is in the downstream channel with an amplitude of 300 yuan / ton. In December 1st, the price of T/C 65/35 32S in a factory in Shandong was 15300 yuan / ton, down 300 yuan / ton compared with the previous day, and the price of ring T/R 65/35 32S was 13600 yuan / ton, down 300 yuan / ton.

Imported yarn. According to feedback from traders, Vietnam's yarn, Naka Azusa and Indonesian yarn quotes were weak (CIF or CNF quotes) over the past week. The shipment of the yarn, the arrival of port and the number of bonded warehouses increased significantly. Since November, India's JC30 cotton yarn export quotas have risen 20 cents / pound, reaching 2.65 US dollars / kg, or 8.2%, and widening the price difference between Vietnam's main yarn and Pakistan yarn. In December 1st, the external yarn inventory increased to around 100 thousand tons.

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