Domestic Small And Medium Sized Mills "Retreat" Xinjiang Cotton Prices Continued To Decline.
After November, domestic and international orders will gradually enter the off-season, and the demand for medium and low count yarn is deteriorating. Under the premise of internal distress, cotton prices will not end.
For the trend of imported cotton yarn in mid 10 months, traders generally do not think they have bottomed out.
According to Guangzhou, Qingdao, Shanghai and other places.
Cotton Yarn Import
Businessmen reflected that this year's national day finally set a big holiday for themselves. On the 7-8 day of October, cotton yarn search, quotation and shipments were gradually resumed. On the one hand, after September 25th, the small and medium-sized weaving factories in Jiangsu, Zhejiang, Guangdong, Shandong, Henan, Hebei and other places gradually entered the "dormancy" state, and the inquiry and procurement basically stopped. On the other hand, on October 1-7, ICE futures contracts realized "five plus Yang", and December contracts broke 60 points / pounds, 61 cents / pounds, 62 cents / pounds and other integer entries. Some foreign cotton mills and exporters adjusted cotton yarn and grey cloth quotes.
Cotton imports in 9-10
市場(chǎng)呈現(xiàn)三個(gè)特:一是考慮到2016年棉花進(jìn)口配額或僅限于89.4萬噸(1%關(guān)稅),且國營比例約33%,因此大部分棉花進(jìn)口商、中間商都將成為配額的“看客”,而國家有關(guān)部門仍無意對(duì)進(jìn)口棉紗、進(jìn)口棉布設(shè)限或提高門檻,因此棉花、棉紗及棉布上下游一起操作成為棉花進(jìn)口企業(yè)的主要選擇;二是外紗FOB、CIF報(bào)價(jià)隨ICE、印度國內(nèi)棉價(jià)的下跌而整體下滑500-800元/噸,但國內(nèi)紗價(jià)則因“雙28”“雙29”等高品級(jí)新疆棉供應(yīng)緊張而低幅下探,內(nèi)外棉紗差價(jià)進(jìn)一步擴(kuò)大至1000元/噸以上(C32S及以下),棉紗進(jìn)口量“井噴”;三是C32、C21及以下支數(shù)棉紗陣地已被印巴等東南亞、中亞(主要是烏茲別克斯坦、阿塞拜疆、土庫曼斯坦等)、南美等國的紗廠完全占領(lǐng),并且印度、越南、印尼、臺(tái)灣等產(chǎn)地C40、C50S高支紗的詢價(jià)、關(guān)注度也有明顯提高,國內(nèi)中小紗廠可謂“節(jié)節(jié)敗退”。
Cotton mills in Shandong, Hebei and other places indicated that the quotation of C40S, JC40S and BJC40S yarn in the early part of October was greatly reduced. On the one hand, the high count yarn and combed yarn order fell to the top, and the market demand declined.
textile mill
On the other hand, the price of domestic Xinjiang cotton continued to decline. On the 7-8 day of October, the gross domestic product of gross domestic product (GDW) had dropped to 13000 yuan / ton below grade 3128, and the price of RMB for the US cotton, Australian cotton and Brazil cotton has been reduced by 300-400 yuan / ton, and the bonded quantity of the outer yarn has been stabilized at more than 95 thousand tons.
On October 7-8, the quotations for KD32S and KD21S yarn in Qingdao port were 19500 yuan / ton and 17400 yuan respectively, which was another 100-200 yuan / ton lower than that in late September. Because of the continued lack of attention in the domestic cotton and cotton yarn Market in 10 and November, fast signing and fast shipping are the thoughts of most cotton traders.
The main cotton producing area and India's MSP, storage and storage policies will soon be launched and so on. If we can't break through and stabilize 63 cents per pound or fall to 61 cents / pound, 60 cents / pound below, on the other hand, we will not worry about the decline of China's economic growth and the decline of China's cotton and cotton yarn consumption ability. The closure of the weaving mills, printing and dyeing mills and garment factories is only a "corner of Taishan". In addition, the US dollar interest rate hike has always been a sharp sword hanging on commodities, cotton and so on. At any time, the possibility of dropping is possible. For the trend of imports of cotton yarn in late 10 months, traders generally do not think they have bottomed out. On the one hand, ICE's short-term rebound is mainly affected by the United States and China.
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