Cotton Raw Material Downturn Cotton Mill Careful Order

Last week (September 16-22), domestic cotton was listed on the market, but the market share was much different. The purchase price of seed cotton was also chaotic. But the overall situation is that raw materials are still in a downturn, traders and mills are not willing to purchase raw materials, and yarn trading is pessimistic.

Raw materials for cotton. Zheng cotton continued to oscillate upward, but the resistance remained great. The cotton price of the reserve cotton rose slightly, and the turnover rate remained high, and imported cotton fell slightly. At present, new cotton is listed on the market, but the price is generally low. As of September 22nd, the price of picking up the purchase price in Akesu, Kashi and other places in the southern Xinjiang was 5.2-5.7 yuan / kg, compared with 2018, which dropped by 1.2 yuan / kg, and the market pessimistic atmosphere was more intense. Because of the loss of the previous year, ginning mills generally have a very cold attitude this year. Cotton in the Yellow River basin and Yangtze River Basin has also been listed, but prices are uneven. Take the the Yellow River River Basin as an example, in September 20th, the purchase price of seed cotton in Hebei, Cangzhou, Hengshui and other places was 2.6-2.9 yuan / Jin line, but in Shandong Heze and Binzhou, the price of individual ginning plants reached 3.2 yuan / kg.

Other raw materials. The price of PET staple fiber rose slightly during the week. On the 22 day, the price of 1.4D*38mm polyester staple in a factory in Zhejiang was 7650 yuan / ton (including tax delivery price and vehicle short delivery). Sales volume was still good, which was 150 yuan / ton higher than that in September 14th, and sales volume is acceptable. Viscose staple fiber to maintain a weak and stable situation, a factory in Xinxiang, Henan 1.5D*38mm viscose staple price quoted 11400 yuan / ton, 1.2D*38mm viscose staple fiber quoted price 11300 yuan / ton, compared with September 16th flat, including tax ex factory price, large single volume can be negotiated.

Pure cotton yarn. Recently, the characteristics of pure cotton yarn are three: first, prices remain stable. According to feedback from Shandong, Hebei and other places, the price of combs 21S, 32S and 40S is 19700 yuan / ton, 20800 yuan / ton, 22200 yuan / ton, respectively, compared with the previous week. Two, the market is characterized by a poor peak season. According to the feedback from many textile mills, although the inventory of downstream fabrics is accelerating, the purchase of raw yarns is still not active, mainly with the use of purchase, and generally lower the quotations. Many textile mills still maintain low production rate at present. Three, the cotton mill's attitude towards raw material procurement is indifferent. Recently, new cotton has been listed, but according to feedback from many manufacturers in Xinjiang, recently, although many mainland traders of cotton mill went to Xinjiang to make inquiries and see the goods, they actually did not make much progress. Overall, the yarn has not yet recovered, and the pessimistic atmosphere is still continuing.

Other yarns. Pure polyester yarn is the main drop. As of September 22nd, a 32S polyester yarn of a factory in Weifang, Shandong, was quoted at 15000 yuan / ton (opening the factory), down 400 yuan / ton compared with September 16th. Human cotton yarn market temporarily stable. As of 22, a factory in Xinxiang, Henan, 30S cotton yarn daily 17500 yuan / ton out of the factory, compared with September 12th, prices have not changed, sales volume is still available, volume and turnover a slight discount.

Imported yarn. According to traders feedback, recently imported yarn generally rose. The quotation from OE yarn to high count yarn and combed yarn is increased by 3-10 cents / kg, and the increase of high quality, package bleaching and tight race spinning is slightly larger. At present, port inventory has dropped slightly compared with the previous week.