It Is Hard To Make Up For The Shortage Of Yarn Market.

After a series of bad news, the survival environment of the textile industry is becoming more and more difficult, just like the four yarns of the poor. From the trade war to the continuous fermentation of the epidemic situation, the textile and garment industry is full of pain. From the compression of profits to the fact that nothing can be done alone, the ghost knows what has happened to everyone.

Yarn: spinning enterprises continue to store up and keep warm with customers.

Since the outbreak of the outbreak, a great form of textile industry has been stopped by the waist. Before February, the yarn industry has been in hot water for a long time. With the high cost and the weak demand, the market has been strangled. After March, the domestic epidemic was under control, but many overseas countries broke out. Many countries blocked the border and prevented and controlled the anticipation. They also blocked the economy. For the weaving industry of "three points for domestic demand and seven points for foreign trade", the pressing demand forced the yarn enterprises to fight and kill in the predicament.

The textile industry is suffering from overcapacity. Especially in the present, some textile enterprises can guarantee their shipments with stable domestic demand customers, but they are not optimistic about long-term vision. During the Qingming period, the water was put to rest, but the shrinkage of demand was serious. The ratio of textile enterprises to production and marketing was serious. In order to resist risks in the difficult position, spinning and weaving enterprises are interlocking, extending their accounts and pulling together.

Among them, the high count yarn market has been hit hard. Under the risk of the Treasury, the close 60S price of JC has dropped by nearly 3000, and the low price of the market has dropped to below 26000. The situation of conventional yarns is equally worrisome. Following a raw material decline, T/C 65/35 32S reports 14000-14500, real single 13500 does not exist. (unit: yuan / ton)

Raw materials stocking: lack of funds, rational stock.

As far as we can see, the collapse of the crude oil led to a weakening of the polyester sector, and the market price was slowly declining. The cotton plate showed a trend of first fall and then rebounded under the help of ICE, but the pressure of yarn production decreased greatly, and the funds were tight. At present, raw material inventory reserves are controlled for 7-30 days.

Cotton: lack of necessary support, market strength or just a flash in the pan.

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1. there is no significant fluctuation in the expected yield during the new cotton planting season.

According to survey data, the total cotton planting area in China this year is 45 million 501 thousand mu, down 5.1 percentage points over the same period. Among them, Xinjiang has an area of 34 million 759 thousand mu, a decrease of 1.6%, and a cotton planting area of 10 million 742 thousand mu in the mainland, with a larger decrease of 14.87%. In the later stage, we should pay close attention to the weather. If there is no major weather disaster and the unit yield can be guaranteed, the domestic cotton output in 2020/21 will basically be stabilized.

2. market rumors, speculation factors increase

All along, the bad news of the epidemic continues to dominate the market, and the weak trend of the cotton market is beyond words. However, there are rumors that the outflow will buy and store, buy the news of the United States cotton, plus the news that the economy has been restored and will relax the blockade from time to time, ICE has led the price of Zhengzhou cotton to strengthen. However, rumours did not confirm that the long silence had stirred up speculation in the cotton market.

3. the situation of supply and demand imbalance has not changed.

Cotton consumption in China is about 8 million tons. However, cotton consumption has not halved since February, and the cotton that has been stored and digested will be sufficient. During the 5.1 period, more textile enterprises should consider giving up, and the purchase of cotton will surely slow down. Eliminate speculation and return to fundamentals. Under the pressure of supply, the probability of market price rise is not large.

Polyester short: return to reason and expect to continue to slide.

1., disregard for bad profits and high cash flow.

In early days, with the promotion of non-woven staple, polyester and short factories were out of stock and oversold. Cotton short staple stocks were at a low level. Although polyester trends were weak, they also took into account the shortage of demand. However, since last weekend, the rational mentality of the industry has returned to the market, the market has cooled rapidly, and the international crude oil has collapsed, and the polyester plate has been falling down with the market. In addition, the cash flow in this period has continued to reach over 1000. With the weakening of the supporting effect in the early stage, with the continuous downturn in production and marketing pushing up the stock, and with the advent of the textile downtime, the market price has been gradually callback. As of today, the mainstream price of semi gloss white 1.4D*38mm is 6575, compared with last week's -575. (unit: yuan / ton)

2. to maintain high starts, production and sales rates are declining.

It can be seen that since February, the construction of polyester and short factories (cotton type) has been on the rise, rising from 48.58% to 89.89%, increasing by 41.31 percentage points. When the non-woven staple was popular, the construction started to 91.43%. Unfortunately, the demand in the spinning field is weak. Since the middle of the year, the production and sale rate of polyester and short factories has plummeted from 145.09% to 19.56%. The pressure of its storage has been highlighted, and the market price has been suppressed in a reverse way.

Cotton textile manufacturing: lack of single phenomenon is serious, started 5 consecutive drops

According to long Zhong information statistics, as of April 23rd, the cotton textile comprehensive start up rate of 39.94% was around 0.61 percentage points down. In terms of air-jet looms, weaving mills face the weak market directly. With the early delivery of orders, there is no single predicament to follow. The opening rate of weaving mills continues to decline, and the average level of commencement of jet enterprises has dropped to 42.11%, down 0.67 percentage points from last week. In addition, conventional products are still in store, even at low prices. In recent years, traders in the past have already heard the wind, but no one is interested. Some enterprises have been shut down, and some enterprises are willing to take the opportunity to leave 5.1. In terms of circular machines, the average starting rate is 37.76%. This week, the overall start up of the company started relatively little during the same period last week. The local operating load has picked up, mainly due to short term support from the domestic trade orders.

On the whole, the textile industry under the epidemic situation is more than enough to make up for its shortage. Its supply pressure has been constantly reflected, and the demand gap has become increasingly outstanding. On the basis of the original yarns, yarn enterprises continue to lower their burden and reduce production expectations, or concentrate on the 5.1 holiday. In addition, polyester and short factories show high cash flow and continuous accumulation of resources. The cost side support is weak, giving the yarn market a certain callback expectation, while the next tour just needs replenishment, and bargaining will continue to squeeze spinning profits, and losses are inevitable.