The Cost Of Yarn Mill Increased Slightly, And The Quotation Of Foreign Yarn Increased.

It is understood that some cotton yarn importers reflect shipment in 3 and April and arrivals.

Pakistan cotton yarn continued to decline, both Chinese buyers used a large number of domestic yarn, Tan siro spinning C8S, C10S, C12S inquiry, paction is relatively light.

In early April, Guangdong, Jiangsu, Zhejiang, Shandong and other places JC21S, JC32S, JC32/2, OE21S and C21S imported yarn inquiry, shipment is relatively active, including JC21S, C20S, C21S, India and Pakistan origin cotton yarn quotations rose 150-200 yuan / ton, other low cotton yarn quotes also showed the trend of stupid rise.

In India, Vietnam and Uzbekistan, the shipment of C40S and above cotton yarn is relatively slow. Most Chinese weaving factories and traders require package bleaching and dyeing. India high count yarn is mainly cotton cotton, West African cotton and India J34, S-6 and so on. The proportion of cotton yarn bleached and wrapped with loom loom on 32S and below is higher than that in the general contract of 40S or above. There is no agreement in the general contract of Brazil.

For external yarn quotes rising, industry analysis, on the one hand, since 2016

The number continued to decline, and by the end of March, it had dropped to below 65 thousand tons. C20S, JC21, JC32S and other spot supplies were not enough, traders increased. On the other hand, India's domestic cotton prices rose sharply, and the factory price of S-6 and J34 ginning plants rose to 64.40 cents / pound, 64 cents / pound respectively, and the CIF quotation of S-6 in the Far East port also rose to 65.75-65.80 cents / pound, and India's domestic high-grade cotton was in short supply and demand was strong.

The main contract of ICE futures has been oscillating for 58-60 days in a short span of days, showing signs of bottom up, and the cost of the mill has risen slightly, pushing up the quoted price.

On the 5-7 th of April, the price of C21 knitting A yarn, C32S knitting A yarn and JC32S cotton yarn from India producing areas in Qingdao, Zhangjiagang and Guangdong were quoted as 2.12-2.14 dollar / kg, 2.37-2.38 dollar / kg, 2.63-2.65 dollar / kg respectively, compared with the end of March, the general increase was 0.01-0.02 dollar / kilogram, the quotation of Dachang brand A+ yarn was higher than that of the yarn and the price of Pakistan and cotton yarn was no longer higher than that of India yarn.

Several India and Vietnam mills said that

Currently, traders are mainly interested in spot shipment and spot shipment. The interest in booking futures for future months is not high. They are very close to strong and weak. On the one hand, convention is 3 and April is the peak season for textile and garment production. The starting date is late this year, but there are many factors of price uncertainty such as market, exchange rate, raw materials and so on. Therefore, the raw materials for cloth factories and middlemen only satisfy production purposes. On the other hand, China's national cotton storage and shipping regulations have not been announced yet, and the quality of medium and low quality cotton still has room for reduction, which is judged by most cotton manufacturers. The competitiveness of domestic C21S, C32S and C40S cotton yarn prices is expected to further improve.

Recently, Guangdong, Zhejiang market Pakistan siro spinning C8S, C10S, C12S inquiry, paction is relatively light, before mid March, slightly better OC12S, OE16S yarn also fell into the price struggle stage.

Some traders of Cotton Yarn Import showed that the India yarn and Pakistan cotton yarn which had been shipped and arrived in Hong Kong in 3 and April continued to decline. Both Chinese buyers used large quantities of domestic yarn and gradually reduced the import of C32S yarn. There were also reasons for Bangladesh, Egypt and other countries to import Indian yarn and India cotton yarn exports. (2016 February, China accounted for 27.4% of India's cotton yarn exports, which was significantly lower than 48.32% in 015 years).

At present, the import cotton yarn market has two characteristics: first, Vietnam, India, Indonesia and Central Asia cotton yarn C32S, C40S and JC32S, JC40S yarn of the proportion of bonded increase; two is the port Uzbekistan, Turkmenistan, Azerbaijan and other Central Asia cotton yarn accounted for the rise, with more than 21S and more ring spinning, but compact spinning, siro spinning accounted for a low proportion.