Cotton Yarn Daily Review (2.27): The Overall Pressure Is Bigger.

< p > > a href= "//www.sjfzxm.com/news/index_c.asp" > cotton < /a >: Cotton Traders feedback. Recently, the purchasing power of textile enterprises is weak.

The main reason for this is that the state has thrown aside its reserves and has a large stockpile of state-owned cotton stocks. Enterprises are worried that the price of cotton reserves will be lowered in the future, leading to a reduction in the overall cotton price.

Therefore, we should buy more goods instead of stockpiling goods.

< /p >

< p > cotton yarn: most of the cotton yarn prices are stable today. Some businesses purchase a small quantity on demand, and do not carry much goods. The overall wait-and-see sentiment is strong and is generally not optimistic about the market outlook.

Shandong cotton yarn price basically maintained, sales volume is not good, a company with high 21S output price 26000 yuan / ton, 32S price 27000 yuan / ton, at present, the overall order is acceptable, start relatively slightly higher, probably because of high quality cotton and other quality is better, so compared to other production of conventional products of cotton mill orders slightly better.

< /p >

< p > > Nantong a href= "//www.sjfzxm.com/news/index_c.asp" > cotton yarn < /a > stalemate, the price is basically maintained, orders are not good, a company's high price of 32 shares is 28000 yuan / ton, 40S price is 30500-31500 yuan / ton.

Overall spinning enterprises inventory gradually increased, loss is widespread, spinning enterprises have greater pressure.

< /p >

< p > a lot of enterprises have existed < a href= "//www.sjfzxm.com/news/index_c.asp" > raw material < /a > years ago, the goods sold many years ago, many goods have not been recovered, and at present the order is less, which results in tight fund for enterprises.

Besides, the quality of cotton is usually in the hands of traders.

Many enterprises started late this year.

Some textile companies bought 160 tons of Xinjiang cotton futures warehouse receipts last week, plus a discount price of about 20400 yuan / ton.

< /p >

< p > from the internal and external futures contracts, the forward contract price is significantly lower than the recent contract price, the price trend is obvious, and the procurement of textile enterprises is also very cautious.

Moreover, the quota policy is uncertain, which is also the 1 factor.

< /p >

< p > related links: < /p >

< p > cotton yarn is made of cotton fiber by spinning process. It is called cotton thread after it is processed together.

According to the different technology of spinning, it can be divided into combed yarn and combed yarn.

(1) carding yarn: yarn made of cotton fiber through ordinary spinning system.

(2) combed yarn: yarn made of cotton fiber through combed spinning system.

The combed yarn is made of high quality raw materials, and the yarn is straight and parallel, with little impurity, good gloss, uniform evenness and high strength. This kind of cotton yarn is used for weaving high-grade fabrics.

< /p >

After P, the "start up market" gradually stabilized.

At present, the market price has dropped slightly by about 300 yuan / ton compared with the peak hours after the Spring Festival.

As in previous years, at the international yarn exhibition in Shanghai in early March, exhibitors in Pakistan and India may bid up prices collectively. Chinese buyers can adopt a strategy of "multiple enquiries and fewer orders," and so on, when the market falls back to a reasonable level, and then orders (at least there is still room for 3%-5% to fall).

< /p >

< p > cotton yarn has a wide range of uses. It can be used for woven yarns, such as sheets, quilts, curtains and other home textiles.

It can also be used as knitting yarn, especially combed yarn can be used to produce high quality textiles, such as high grade sweaters, fine poplin, etc. cotton yarn can also produce special industrial electric yellow wax cloth, tire cord fabric, high-speed sewing thread and embroidery thread.

At the beginning of March, a large number of goods concentrated in Hong Kong will cause pressure on future price movements. The shortage of downstream orders and the uncertainty of cotton policy will further increase the risk of imported cotton yarn.

< /p >