The price of yarn “drops and falls”

Since October, the production and sales atmosphere of the domestic yarn market has continued to weaken. Spinning companies and traders have gradually increased their sentiment. The products have been shipped in bulk, and the inventory of textile companies has increased again, while the yarn prices have gradually increased. Dropped by.

Due to the difference in the mindset of raw materials and enterprises, the price adjustment of cotton yarns is significantly less than that of chemical fiber yarns; the downstream weaving mills have insufficient enthusiasm for yarn purchase due to insufficient new orders in October. Under the premise of insufficient confidence in the market outlook, enterprises Most of the stocks are carefully controlled, and for this reason, the mode of operation of on-demand procurement is more common.

The decrease of pure cotton yarn was higher than that of some cotton enterprises. The average domestic cotton price dropped slightly in October. The average price of domestic 329 cotton to factory decreased by 315 yuan/ton, a decrease of 1.58%, while the Chinese yarn index CYC32 The cumulative reduction of 650 yuan / ton, a decrease of 2.36%; pure cotton yarn decreased more than raw cotton.

In the month of October, the domestic cottons were successively listed in large quantities, and the State Reserve Cotton Collection and Storage also ended the zero-transaction in the last month after the National Day. The enthusiasm of the cotton enterprises’ deposits continued to rise. Around mid-October, the domestic large-scale textile enterprises acquired cotton. Prices have been introduced one after another, some relatively low-level cotton purchase prices have fallen significantly, leading to a bearish atmosphere in the market, and most textile companies also lamented that domestic cotton prices are too high, so one after another to find, buy Australian cotton, West Africa cotton and cotton With imported cotton, the prices of some cotton merchants are relatively attractive, while the domestic cotton prices are positioned as being unable to fall through due to “storage support”. After the spot price of cotton was weak, the domestic cotton yarn price also launched a new round of downstream operations. Air-jet spinning, ring spinning, combing, and combed yarn all had a reduction of 1,000 yuan to 2,000 yuan per ton. The after-tax market price of textile enterprises JC40S was 31,500 yuan/ton, and the large-scale textile enterprises were about 32,500 yuan/ton, and shipments were slow. In addition, the supply of high-level C40S products has also gradually increased. Most of the large companies offer prices are in the range of 29,000 yuan to 29,500 yuan/ton, and the market continues to be mainly bulk shipments. The supply of carded C32S was more abundant, and the downward price was obvious. The pre-tax market price of C32S in Guangdong Foshan was only around 25,600 yuan/ton, and the ex-factory price of multi-national textile companies was only around 26,800 yuan/ton, with high yarn allocation. At 28,000 yuan / ton.

With the increase in the yarn inventory of textile enterprises, the willingness of companies to take the initiative to ship increased, while the pattern of weak cotton prices has not changed, and the decline in the number of peripheral chemical fiber products has increased. Under this general environment, textile companies have gradually revealed a reduction in production and production. With the demand for production, some small and medium-sized textile enterprises have already taken actions. If there is no recovery in follow-up demand, the operating rate of textile enterprises will continue to decline.

The price of pure polyester yarn continues to decline, and the market continues to decline. In October, the prices of polyester staple fiber and pure polyester yarn continue to decline, especially in the latter part of mid-October. The overall performance of polyester industrial chain products is poor during the month. Polyester staple fiber The price continued to decline, with 1.4D×38mm accumulatively falling by RMB1,120/ton during the month, a drop of 8.42%, while the Chinese yarn index CYT32 decreased by RMB700/ton, a decrease of 4.14%, and the At the same time, the prices of pure polyester yarns fell positively, but there was a difference between different regions.

In October, the downstream orders were expected to be poor. The prices of pure polyester yarns before and after the National Day will be lowered by RMB 300-500/ton, and the prices of polyester staple fibers will continue to fall. The polyester staple fiber 1.4D×38mm is from the beginning of the month at 13,300 yuan/ton. The price fell to 12,180 yuan per ton at the end of the month. The bearish sentiment in the market spread; pure polyester yarn fell, especially in the Fujian and Guangdong regions. The Fujian Changle spinning mill once hoped to maintain the price by cutting production and limiting production, but due to the lack of external environment In addition, the difference between the operation ideas of various companies, the final price of yarn continued to fall. In October, the price of pure polyester yarn in the Guangdong, Guangdong, and Jiangsu and Zhejiang provinces was high at 1,000 yuan per ton, while at low prices, there was a spread of around 500 yuan per ton. Insufficient market demand, whether it is traders or textile companies, has been the main delivery, the price drop accelerated. At present, the T32S in the Guangdong and Guangdong provinces is as low as before-tax 14,100 yuan/ton, and the total amount after taxation is less than 15,000 yuan/ton. Therefore, the company has already lost money according to the current cost of polyester and short raw materials; and the T32S after-tax price for knitting in Jiangsu and Zhejiang is still low. In 15300 ~ 15500 yuan / ton, the price is slightly higher than the Guangdong and Guangdong regions.

As raw materials continue to decline, coupled with insufficient yarn transactions, textile companies are willing to reduce their inventory, traders are also actively emptying their inventory and switching to on-demand purchases. From the perspective of the industry chain, the current prices of staple fibers and yarns have assumed a certain degree of continued decline in resistance. The pattern of follow-up weak consolidation has not changed, but the space for continued decline has been reduced.

People’s cotton yarns panic-stricken and sold into a bearish atmosphere. The early days of the National Day ended due to the end of orders for downstream weaving mills, and new orders were rampant, leading to a weaker atmosphere. During the subsequent national holiday, people’s cotton yarns were significantly reduced by RMB 1,000/ton, and manufacturers actively followed the downward trend. Raw material viscose staple fiber continued to cut prices. Despite the implementation of the monthly closing operation, the expected low price of staple fiber has been lowered. Within a month, 1.5D×38mm of viscose staple fiber was reduced by 1,300 yuan/ton, a decrease of 6.57%. China's yarn index CYR30 cotton yarn decreased by 1,450 yuan/ton, a decrease of 6.08%.

This month, the decline in viscosity products, whether raw material viscose staple fiber or downstream weaving plant orders, there are relatively big negative factors. In which viscose staple fiber unilaterally rose from August to September, the shipments increased, but the downstream is not very optimistic about, and there is no excessive stocking; subsequently due to the increase in the volume of cotton pulp and short fibers, viscose staple fiber The cost of raw materials continued to drop, and the downward channel for the price of viscose staple fibers was gradually opened. After the downstream weaving factories completed orders in late September, new orders were added in October. Therefore, the enthusiasm of the cotton yarn buyers of various weaving factories is not high. Most of them have Consume the main stock, and reduce the load, reduce production, limit production to control the total inventory; for this subdued "silver ten" market, the company has increased cautiously. At the end of October, people in Fujian and Guangdong took the lead in cotton yarns for a sharp price hike. Among them, the pre-tax market price of knitted R30S yarn was only around 19,500 yuan per ton, and the higher price was only 19,700 yuan per ton. Market panic selling atmosphere became stronger; The viscose staple fiber manufacturers performed a monthly settlement operation, but the bearish atmosphere spread, and some traders bought out the price and still experienced a large decline. The current viscose staple fiber 1.5D×38mm has a price of about 16,500 yuan/ton, which is in line with the market. Low expectations for viscose staple fiber prices. From the perspective of the viscose industry chain, the continued decline in space still exists, and will gradually return to its original value chain of the industrial chain.

Difficult to change the pattern of the weak market and make up the market implied the opportunity for cotton to be listed around the market, cotton production increase, grade improvement is a foregone conclusion, the current national cotton purchasing and storage policies remain stable, cotton enterprises can actively pay for deposits, and spinning companies to buy cotton carefully, prices Under constant pressure, some textile enterprises increased the proportion of imported cotton. Due to the current price advantage of some cotton importers, the price of imported cotton resources is significant. The large number of cotton marketed and the continued impact of imported cotton are expected to continue to exist in the future market, but are subject to state purchasing and storage. With price support, it is expected that there will be limited room for exploration; while the weaker pattern of viscose staple fiber and polyester staple fiber prices will be difficult to change in the short term, and the downward trend is expected to continue, but there is already a certain degree of decline in resistance. Therefore, the subsequent decline may be narrowed.

The downstream weaving mills saw new slow orders after October. After weakened the outlook and the impact of the early arrival of the Spring Festival this year, most of the weaving mills keep low inventory operations. Therefore, the demand for production cuts and production restrictions is also more obvious, and the subsequent order performance is still not good. It is expected that the overall operating rate will continue to fall. In addition, due to sluggish production and sales of gauze in the month of October, the company once again formed a certain amount of inventory, so there is a need to actively reduce stocks during the latter period, and the price may continue to decline.

From the terminal market point of view, domestic apparel companies around the middle and late November will likely have a wave of staged restocking needs, and how their total demand is still difficult to determine. At the same time, in the Canton Fair at the end of October, despite the apparent contraction in the total amount of orders, there will be some short orders, urgent orders, and supplementary orders. Therefore, in the middle and lower reaches of the operation mode of low raw material inventory, we should pay attention to each phase The stock market.

At present, the judgments in the medium and long-term market are still weak, but the company is reminded to pay attention to the stage of compensatory stock market; the current rise in yarn prices is not high, the follow-up price decline or will continue, it is recommended that companies fill banks as needed to control the company's finished products Total inventory, while grasping good cash flow, raw materials can be absorbed in batches and dips.

Blower Fan

Blower Fan,DC Blower,DC Blower Fan

Centrifugal Fans,Dc Fan Co.,LTD , http://www.nsexhaustfan.com

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