Cotton Prices Will Weaken Steadily In The Future

< p > < strong > > a href= "http://www.91se91.com/news/index_c.asp" > imported cotton yarn < /a > quantity decrease < /strong > /p >

< p > it is understood that in May, China imported 152 thousand tons of cotton yarn, a decrease of 11.47% compared to the same period last year, and a decrease of 16.44% in the annulus.

According to statistics from relevant departments in India, India cotton yarn < a href= "http://www.91se91.com/news/index_c.asp" > exports < /a > 100 thousand tons in April, the lowest level in nearly 19 months, down 13.8% compared with the same period last year; in April, Pakistan exported 45 thousand and 500 tons of cotton yarn, a decrease of 23.34% compared to the same period last year, the eighth consecutive year-on-year decrease this year, and the reduction of the ring ratio by 25.84%.

China's cotton yarn imports the top three sources of the market are India, Pakistan and Vietnam. 1~4 months, the total import volume accounts for 70.6% of China's cotton yarn imports.

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Last year, China's imports of cotton yarn from India increased by more than 1 times. This year's growth has slowed down significantly compared with last year. Imports of 211 thousand tons, an increase of 7.4% in P months, and an average import price of 3.09 US dollars / kg, down 3.3% from the same period last year. "1~4"

The import of 173 thousand tons of cotton yarn from Pakistan decreased by 12.9% compared with the same period last year, and the average import price was 2.79 US dollars / kg, down 4%.

Vietnam ranked third, with an import volume of 106 thousand tons, an increase of 74.3% over the first 4 months, and an average import price of 3.24 US dollars / kg, down 9.6% over the same period last year.

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< p > although China's demand and consumption capacity has declined significantly, it has become the largest export market of cotton yarn in India and Pakistan.

According to statistics, before 2011, the quantity of foreign yarn imported by the mainland in China was 700 thousand ~100 tons per year, and the main suppliers were Pakistan, India, Vietnam, Hongkong, China and so on.

In 2012, the import of foreign yarn reached 1 million 520 thousand tons, an increase of 69.01% over the same period, and the import of foreign yarn increased to 2 million 100 thousand tons in 2013.

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< p > the state has changed cotton purchase and storage policy to cotton direct subsidy, so that the cotton market has returned to the market, and the difference between domestic and foreign cotton prices has been shrinking.

Insiders said recently that the authorities concerned announced that the sale policy of national cotton reserves would not be adjusted before the new cotton market was put into sale in September 2014. That is to say, the spot price of the "3128" class spot in the domestic cotton spot market will be maintained at 17250 yuan / ton, and the RMB quotations of India cotton S-615/32 "and EMOTSM11/8" in the bonded area are currently 16900~17000 yuan / ton, 18000~18200 yuan / ton, and the difference is 250~350 yuan / ton and -750 to -950 yuan / ton respectively.

In addition, the current price of CF1501 and CF1503 is only 15400~15500 yuan / ton, while the price of India cotton S-6SM1-5/32 "S-6SM1-1/8" in the month of 10~12 is 84.5 cents / pound and 84 cents / pound, equivalent to RMB 11400~11500 yuan / ton, and the difference between domestic and foreign cotton is 4000 yuan / ton.

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< p > < strong > > a href= "http://www.91se91.com/news/index_c.asp" > cotton yarn < /a > welcome price reduction < /strong > /p >

< p > it is reported that China's main cotton quotes from West African cotton, American cotton and Australian cotton rose 0.65 cents, while India cotton, Central Asian cotton and Brazil cotton fell.

At present, the downstream demand is insufficient, the port consignment cotton inventory is on the rise, and the main cotton producing area weather condition continues to dominate the recent cotton price trend.

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< p > at present, the whole cotton yarn market is in the off-season adjustment period, and the price center is downward and the weakness is weak.

The operating rate of many enterprises has decreased and the number of orders has declined.

It is understood that the price of all cotton yarn is: Qian Qing yarn City -- combs 32S, 24300~24700 yuan / ton, combed 40S, 28500~28700 yuan / ton; Xiqiao Market -- combs 40S, 25600~26200 yuan / ton, combed 40S, 28500~28700 yuan / ton; Changyi market - combs 40S, 25200~25800 yuan / ton, combing 40S, yuan yuan / ton, Nantong market - Pu comb, yuan yuan / ton, high matching, RMB yuan / ton.

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< p > in addition, in recent days, polyester staple fiber prices are rising under the impetus of upstream polyester raw materials, and the price is straight up. The price of Jiangsu and Zhejiang 1.4dx38mm polyester staple fiber is about 10020 yuan / ton, which is 1000 yuan / ton higher than that before the Dragon Boat Festival.

The price of polyester yarn increased significantly under the pressure of raw materials and cost. The mainstream price of Jiangsu and Zhejiang 32S polyester yarn was 14000 yuan / ton, and the mainstream price of Fujian 32S was about 13800~14000 yuan / ton, basically raised by 700 yuan / ton.

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< p > industry insiders say that after China's new cotton is listed, China's cotton price will return to the market. With the low cotton price expectation, many textile factories using imported yarn will also buy back domestic cotton yarn and the market demand is not strong enough to avoid trade risks and price fluctuations. Therefore, China's imports of cotton yarn will shrink compared with last year, and the price will also gradually decline, and the competition of imported cotton yarn traders will become increasingly fierce.

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