Down Price Of Cotton Lint Products All Down

Last week (February 2016 22-26), Zheng cotton far month contract CF1701 price broke ten thousand, bring pressure to spot market.

The drop in spot prices has a negative effect on cotton yarn sales.

In February 26, 2016, the average price of 10 spun yarn was 11650 yuan / ton, representing a decrease of 15 yuan / ton compared with February 19, 2016. The average price of 45 cotton yarn was 16820 yuan / ton, and the average price of 40 cotton yarn was 23570 yuan / ton, down 5 yuan / ton; the average price of pure cotton combed 32 yarn was 19100 yuan / ton, and dropped by 30 yuan / ton.

According to the grey cloth price index released by relevant organizations, in February 26, 2016, the price index of CG C32 (cotton grey cloth) was 5.36 yuan / m, down 0.01 yuan / m compared with January 19, 2016; the price index of CG R30 (human cotton grey cloth) was 4.44 yuan / meter, falling 0.048 yuan / meter; CG JC40 (cotton combing) price 7.62 yuan / meter, fell 0.001 yuan / meter; CG T/C45 (polyester cotton grey cloth) price index 4.44 yuan / meter, fell 0.008 yuan / meter; CG OE10 (DENIM) price index was 8.92 yuan / meter, fell 0.002 yuan / meter.

Zhou,

Still cold, light trading, some of the textile enterprises have not started, in the wait-and-see stage, or directly abandon the market.

According to the feedback from Jiangsu and Zhejiang manufacturers, cotton yarn orders have not increased significantly after the year, and the price of cotton yarn has been adjusted downward due to the influence of upstream raw materials.

In terms of high spun yarns, enterprises are still focusing on old customer orders, rarely new orders.

Industry related trends

When the price of imported yarn was stable and sales volume was not satisfactory, many traders said they had no orders or only some old customers' orders.

Mainly in the context of falling domestic and international cotton, everyone is right.

Take a pessimistic attitude.

In the past, factories that made long-term foreign yarn were mostly converted to domestic yarn or port import yarn.

However, some factories continue to order imported yarn in order to maintain the stability of product quality.

According to traders, at present, the yarn inventory of the bonded area is about 72 thousand tons, and the inventory pressure is larger.

Market analysis, Spring Festival enterprises resume work generally, especially raw materials, finished products are constantly falling, the enterprise heart is sad, will will continue to be grinding, is expected this week, the market is still stable down.

Price trend of main varieties yarn and some raw materials