The Difference Between Inside And Outside Cotton Yarn Reduced To Low Position.
According to the many cotton yarn import enterprises and traders, since mid January, some domestic weaving factories and middlemen have made inquiries and ordered 2/3 C10S-C16S shipping siro spinning from Pakistan, Indonesia and other places, and the OE21S, OE32S yarn and package bleaching, air-jet loom C21S and C32 yarn have been shipped to India, Vietnam, Pakistan and other large and medium-sized cotton mills.
The large number of textile factories in Lahore and other provinces of textile production stopped production and closed down. The quantity of siro spinning in Pakistan, which was shipped to China's main port in 12/1 months, was even lower than that of C16S. Even though the price of CIF and CNF increased slightly after the customs clearance, many looms factories and traders still had stock bottom. After the Spring Festival, they needed replenishment. On the other hand, in the month of 1/2, the textile enterprises in India, Pakistan and Vietnam were mainly cotton, cotton, West African cotton and Central Asia cotton in India, and their grades and quality were greatly improved. On the one hand, Punjab, Pakistan,
When the yarn was quoted at 17600-17800 yuan, the price of the yarn made from C32S Vietnam's cotton yarn was 19500-19600 yuan / ton. The difference between India yarn and domestic cotton yarn dropped to 300-500 yuan / ton. Although the difference between the inside and outside cotton yarn has been reduced to the historical low level, on the one hand, the quality of the A+ and A yarn of Vietnam and India is no less than that of domestic yarn, and the difference is even inevitable. On the other hand, the main products of the national cotton mill in India and Vietnam are mainly cotton less than C40S, and the product quality is stable and consistent. At present, the RMB quotations for India C21S and C32S yarn in the mainland market are 17300-17500 yuan / ton, 19200-19500 yuan / ton respectively (individual large factories 21SA+)
For the import situation of foreign yarn in 2016, some importers of cotton yarn in Guangzhou and Qingdao indicated that they are not optimistic, but they will not change careers. Even if demand goes down, they will not go to winter overnight.
The intention of upgrading and leaving the cotton textile mill has not changed, and the competitiveness of foreign yarn will continue to increase under the C40S and below. On the other hand, with the fluctuation of the exchange rate of RMB, the RMB will gradually stabilize against the US dollar and the confidence of buyers and sellers will rebound. In addition, the Chinese textile factories and traders will continuously enhance their recognition of cotton yarn quality, delivery capacity and reputation, and the dependence on foreign yarn will not only drop but increase rapidly. The difference between inside and outside cotton yarn does not restrict the importation index of Chinese enterprises. The import price (clearance) of Australia cotton and American cotton is lower than that of Xinjiang cotton 500-1000 yuan / ton in the past few years, but with the buyers recognition and fixed customers, the domestic price is higher than that of Xinjiang cotton at 1000 yuan / ton. On the one hand, the Chinese government has not introduced measures to restrict imports of foreign yarn, indicating that imports are driven by imports.
Recently, the import of cotton yarn exported from Jiangsu, Zhejiang and Shandong to the "vacation" mode in advance has been slowed down. With the exception of siro spinning C12S, C16S and high quality high quality air spinning, the demand for C40S and above combs, combed yarn and more than C32S compact spinning is coming into the winter with the arrival of the cold wave in Siberia. The import and export of JC21, JC32S, JC40S and other imported yarns have been greatly reduced.
On the 18-20 th of January, the CIF quotations of OE10S, C21S and C32S produced in India port of Qingdao were respectively 1.52-1.54 dollars / kg, 2.12-2.14 dollars / kg, 2.43-2.45 dollar / kg, and Pakistan OE10S-32SA+ yarn quoted price was higher than India yarn 0.01-0.02 dollar / kg, but from the feedback of traders, the price difference between India and Pakistan yarn and actual paction price was about $0.01-0.02 / kg, and the foundation of external yarn was not solid; moreover, with the stop of gauze purchase by Chinese weaving mills before the beginning of the festival, the dumping and rejection of goods were "popular", and the low price yarn flooded the market. In addition, traders sold imported cotton mostly demanded "cash in cash", and the conditions of ordering yarn for shipment were required to issue long-term letters of credit and so on, all of which restricted the shipment of external yarn.
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