Vietnamese Yarn Enters India Yarn And Exports In China Are Declining.

Information from the market shows that since September, the domestic cotton yarn market has shown a continuous upward trend. As of September 30th, the mainstream quotation of 30S's cotton yarn market was 21500-22500 yuan / ton, compared with the beginning of the month, there was a general increase of 1000 yuan / ton.

The market price of core spun yarn is also increasing. The recent quotation in Northern Jiangsu is up to 500 yuan / ton, and the imitation rabbit hair is 28S to 23500-24000 yuan / ton.

The downstream cloth factory is in high position because of human cotton yarn, and the purchasing mentality is cautious before the purchase order is improved.

Hutang market pure polyester yarn market trend is temporarily stable, 16S pure polyester yarn mainstream quotation 10000 yuan / ton, 21s mainstream quotation 10600 yuan / ton, 32S mainstream quotation 11400 yuan / ton, actual business negotiation.

It is understood that on the eve of national day,

The average daily paction price and turnover rate remained high. Especially in the last week's round, the downstream textile enterprises actively participated in the auction. The paction price continued to rise. On the 29 day, the average price of the paction reached 14397 yuan / ton, and the 3128 price was 15597 yuan / ton.

Affected by the price of lint cotton, the price of cotton yarn and grey fabric also rose, but the increase was less than that of lint.

At present, the domestic market C32S price and port traders signed in August India, Pakistan, Vietnam, Indonesia and other origin yarn price advantage is further narrowing.

Dong Fang futures analyst Xiang Yun introduced here that as of the end of August, the number of yarn stocks in China increased further than that in July, reflecting the poor turnover of yarn.

After G20 is over,

Textile enterprises in the region have resumed production and resumed production, and printing and dyeing enterprises have been restarted, which has played a leading role in the sales of grey cloth and yarn. But this year, the "golden nine silver ten" has been postponed for half a month compared with the previous years. At present, the market has little expectation for "Jin nine silver ten", and the price of domestic yarns has been loosened recently.

By the end of August, the stock of port yarn had dropped to 70 thousand tons.

Xiang Yun said that the overall performance of grey fabric market is very general.

Relatively stable, the boot rate basically maintained at the level of 60%-65%, grey fabric inventory days showed significantly higher than the first three years, the weakness of grey cloth delivery is difficult to bring obvious highlights to the sales of yarn, thereby weakening the cotton consumption.

In addition, the cotton spinning industry PMI returned to the bottom line, mainly due to the poor new orders index caused by the drag.

Combined with customs data, the total net imports of cotton yarn in China in 2016 1-7 amounted to 920 thousand tons, compared with the net import volume in the same period in 2015, which was reduced by 260 thousand tons. Xiang Yun believes that a significant feature of China's cotton imports is that the proportion of Vietnam's cotton yarn has increased, and that the export market share of India and Pakistan has declined.

In recent years, the number of mainland enterprises in China has built more and more factories in Vietnam. Moreover, our country has enjoyed preferential tax policies for the import of Vietnamese cotton yarn. Therefore, the proportion of Vietnamese cotton returned to China is very large.

According to Xiang Yun, unlike India, Pakistan and other cotton producing countries, Vietnam is not the main producing area of cotton, so Vietnam's textile mill acts more like the role of a yarn processing plant, and imports yarn from the United States and other places to produce the yarn.

Vietnam's cotton yarn exports are highly dependent on China, and China's support policy for Xinjiang cotton textile production will lead to a sharp decline in the demand for imported yarn in the future. This may lead to Vietnamese yarn entering India yarn, which is facing the challenge of overcapacity directly after the decline of China's export volume.