Cotton Yarn Market No "Good Start" Textile Enterprises Eager To "Gold Three Silver Four" (2.25-3.1)

Entering the March, textile enterprises started nearly half a month.

As of February 28th, the domestic C32S average price was 23037 yuan / ton, up 32 yuan / ton last week.

Most of the textile enterprises expressed the need to retain front-line skilled workers and recruit new employees. New Year's workers' wages generally rose 200-300 yuan / month, more than 500 yuan / month, plus the price of lint cotton, and most of the quotations of cotton yarn quoted by textile enterprises were mostly trying to raise 200 yuan / ton, but the downstream had a resistance to cotton yarn price rise. Cotton yarn was generally more plain, and sales progress was less than that before the festival.

Generally speaking, the drop in yarn inventory after the holiday is still very bright, but the speed in the last week of February was significantly reduced.

This year, the market is generally started and orders are late. Textile companies can only finish their orders last year.

But after the downstream weaving mills have started construction, they will also buy a little raw materials to get a better start.

As a result, the sale of the textile market has improved recently, but it is not obvious, compared with the previous years.

Some spinning enterprises still have a high stock of yarn, and there are still individual price cuts.

According to the head of a textile enterprise in Anqing, the cotton yarn inventory before the Spring Festival is 1/3 of production and has increased to 2/3 by the end of February.

Since the new year, the order volume has not increased significantly, and the price is hard to rise.

The main reason for this phenomenon is the lack of downstream demand.

In addition, the continuous rain after the Spring Festival in Jiangsu and Zhejiang provinces brings inconvenience to the packaging and pportation of grey cloth.

From the macro level, along with the promotion of environmental protection and supply side reform, in recent years, many textile clusters have reached the policy of not adding new capacity.

However, in the process of "Tenglong bird changing", it should have been a pattern of industrial pformation and resource integration. But in North Jiangsu, Anhui, Jiangxi, Hubei and other places, new factories sprung up like mushrooms, which had a great impact on the market.

At present, this sign has begun to show in the market of Jiangsu and Zhejiang.

"Recently, there have been many foreign sources coming into the market, and the market has begun to fade away, feeling that the supply of goods is not as intense as before."

According to the analysis of the industry, whether the downstream demand can digest the new capacity of the market will undoubtedly become a difficult problem to control the future market. The expansion of the production capacity of the gray fabric in the field will not be able to be digested sooner or later, and the price war will be opened again in 2019.

The price of imported yarn is basically maintained this week. As of February 28th, the spot price of FCY Index C32S was 22896 yuan / ton.

Judging from the import and export data of the customs yarn, the import of cotton yarn in January 2019 was about 160 thousand tons, which was basically flat, down by about 18.26% compared with the same period last year.

Exports increased by 27.7%, and exports were about 39 thousand and 300 tons.

Overall, although the yarn market is slack in the near future, due to the support of raw material prices and the four gold and three silver stocks, the market outlook is expected to be warmer.

In addition, despite the recent emergence of textile benefits, such as the easing of trade wars between China and the United States and the implementation of preferential tax reduction measures for small and micro enterprises, it is expected that it will take time to reflect downstream consumption.