The Yarn Market In Hebei Province Is Still Pessimistic.
Recently, no matter whether the price of polyester staple fiber is still high, Polyester cotton yarn The sales volume and price have been stable, and the order continuity is good. Basically, the balance of production and sales is maintained. Moreover, the profit is relatively low, so cash is generally taken in cash.
At present, Hebei Shandong Henan area The yarn market is still pessimistic, and there is no positive momentum. The surface is unusually calm, and there is a real restlessness. After entering the off-season, from cotton to yarn and downstream fabrics and fabrics, there is a tension and a feeling of invisible pressure.
A factory in Shandong introduced cotton yarn as of now. Sales volume It is equivalent to half of the same period last month. The stock has been growing from the 20 day last month to the 28 day stock level now, and it can not be blindly produced. Under the situation of fixed production, the opening rate of the machine has decreased, and the price has also declined slightly, and the C40S quoted price is 23300 yuan / ton.
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Last week, the whole cotton yarn market overall volume and price is still weak and hard to change. Cotton producers in various parts of the world continue to rise in inventory and capital pressure is rising. Small cotton spinning factory has obvious pressure. The price of polyester cotton yarn rough yarn is somewhat loose, the price of raw materials is different, the price difference is more, the overall sales are still going down the channel, the enterprises adjust cotton distribution to reduce the cost, the empty mentality is dominant and the length is scarce. The decline of the top combed cotton is relatively obvious.
Last week, ICE cotton prices continued to rise slightly during the first week of last week. During the week, in June 11th, the ICE cotton fell sharply on the basis of the rotation of cotton reserves in China. The settlement price of the 1507 month contract was 63.53 cents per cent, or 136, while the 1512 month contract closed at 64.38 cents / pound, down 142 points. Friday's rally rose slightly; the 1507 month contract settlement price was 64.07 cents / pound, up 54 points; the 1512 month contract closed at 64.66 cents / pound, up 28 points.
In addition, according to USDA's latest forecast, China's final inventory is 62 million 580 thousand packs next year, less than the end of the current year, and the new flower production is expected to be 59% of the end of next year's inventory. The import volume of the year was unchanged from the previous forecast, but it was reduced by 2 million bales compared with the current year. China remains the largest importer in the world.
2015 China International Cotton Conference was held on 11-12 June in Ningbo, Zhejiang. The news of the International Conference on cotton rotation has attracted widespread attention in the industry. The news revealed that the cotton price in the spot and spot markets had a certain degree of volatility, but the impact was short and the latter market resumed calm.
It is expected that the late spot market will be close to the pressure of bank repayment, and the impact of the reserve cotton rotation policy in late June will further accelerate the process of stock going, and cotton prices will enter a small interval finishing stage.
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