Cotton Yarn Quotes: Will Salted Fish Turn Around?

Since the end of July, the average price of cotton reserves has basically been in a downward trend.

But the turnover rate has remained below 60% in the early days, and a slight improvement in late August has not reversed its weakness.

This week, the paction price seems to have hit chicken blood, and gradually began to improve.

Moreover, many new cotton plants have begun to scale up, which has injected fresh vitality into the market.

Judging from the current price of seed cotton purchase, textile enterprises believe that the price of new cotton will be around 14500 yuan / ton, which is a little higher than the price of cotton reserves. Therefore, the recent textile enterprises' replenishment has increased, and the cotton turnover rate has returned to 100% in the morning of September 9th, and the paction price has also risen.

As we all know,

A small peak season began in September.

But according to Xiaobian, the market of pure cotton yarn is still in the doldrums.

Early fatigue continued.

There are even some enterprise reactions that are not as good as they used to be in the small season.

At present, the price of cotton yarn has slowed down, but it is still declining.

Downstream orders can not meet the needs of small peak season.

In terms of price, many textile enterprises have lost confidence.

It leads to a vicious circle. There is no substantial order in the downstream to reverse the situation and give up confidence.

Most of them are shipped at a price basis, and prices continue to fall.

At present, some of the textile varieties are substantially depleted.

Resulting in many textile enterprises, printing and dyeing enterprises to cut production and stop production.

Even some printing and dyeing enterprises directly shut down, pure cotton yarn delivery atmosphere is cold.

But most of them are profitable.

at present

The profit level is quite satisfactory, of which C21S has a profit of nearly 2000 yuan / ton.

In the middle and low C40S, a large loss of 1000 yuan / ton has been maintained. This situation has been maintained for nearly 1 months. Shipments are not smooth and a long time of heavy losses have made some spinning enterprises unable to bear heavy burden. Recently, enterprises that have stopped production and restricted production have increased in succession. In addition, some spinning enterprises are converting some of their equipment to C21S or C32S.

The pfer of production has also led to the market slump.

Overall, the turn of the day in late September is not far off.

It is understood that the recent downstream began to pick up.

At the end of the G20 summit, the printing and dyeing enterprises in textile and garment industry began to pack their bags and start again.

Some enterprises said that the order before squeezing should be done quickly.

Some customers declined because of the August cotton yarn prices, and the delivery period was still ample.

In recent days, with the decline of cotton yarn and the consideration of the delivery date, the single customers will also gradually turn the list.

Gray cloth traders in other areas also have plans to purchase. The market is not booming in September, but there will still be demand for them. There is a relatively obvious improvement time for the grey fabric market in late September.