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According to Qingdao, Guangzhou, Ningbo and other places of cotton yarn traders feedback, the recent port spot C21S, C32S, C40S package bleaching bleaching yarn inquiry, the library is unsatisfactory, with Vietnam, Indonesia, India and other origin; Pakistan C8S-C16S Spinning offer and transaction prices are relatively stable, the inventory is not sufficient and the high cost of bargaining bargaining, negotiated space is relatively narrow, JC21, JC32S India, Vietnam yarn turnover is relatively light. Overall, the import of cotton yarn market continues three trends: First, India, Pakistan and other foreign futures yarn almost no deal. Cotton yarn FOB, CNF, CIF offer high and need to be 40-60 days in advance to make the Chinese weaving factory, traders attention, signing enthusiasm continued to decline; Second, the arrival of blended yarn, bonded to continue to increase, especially India Production of T / C, CVC, T / R yarn growth significantly, the foreign yarn spot was "blended into the cotton back" pattern; Third, the port yarn bonded to continue to decline, especially JC32, C40 and above count India, Pakistan yarn arrival, storage reduction trends are becoming evident, Vietnam, Indonesia yarn remained stable.
From the survey point of view, leading to the import of cotton yarn is still half dead why the reasons are summarized as follows: First, by the yarn to reduce the single and cotton mills generally use a large number of reserves of cotton to reduce costs, since mid-April Shandong, Henan, Hubei, Jiangsu and Zhejiang Medium yarn mill cotton yarn offer down 200-300 yuan / ton; and the port bonded, yarn yarn Pakistan, Indonesia yarn is relatively stable (individual supply tightening OE21S, C32S package bleaching A + yarn or even reverse the 100-150 Yuan / ton), so OE8S-C40S inside and outside the yarn offer gap widened to 1,500 yuan / ton, foreign trade companies, garment factories and cloth factory on the imported yarn have bright red; second, India, Pakistan, not only the decline in cotton power, cotton is not much space. Although in early April ICE contract in recent months fell from 77.40 cents to 73.35 cents after the rebound out of a V-shaped, but India's domestic cotton prices have departed, S-6 in early April ex-factory price break 88 cents / pounds, and spread EMOT SM 1-5 / 32 "upside down 3.5-4 cents / lb (CNF price main port in the Far East), and therefore a large number of Indian cotton mill contract 2016/17 annual US cotton, Australian cotton. While China, Bangladesh , Pakistan signed a sharp decline in the contract, but the Indian authorities believe that India's domestic high yarn yarn, high yarn, combed yarn demand will rise significantly, full confidence in the consumption of printed yarn; again, with the Indian Rupee against the dollar exchange rate is different , The RMB exchange rate continued to depreciate, is not conducive to the import of cotton, cotton yarn since late January the dollar as a whole showed a V-shaped trend, there is no unilateral volatility, coupled with too much bad yuan and the data of the disturbance, But some institutions and economists believe that although the recent rise in the renminbi, but this year there are still devaluation pressure, especially the Federal Reserve to raise interest rates and geopolitical risks intensified, in the The central bank is facing greater challenges, policies need to take into account to avoid further depreciation of the renminbi, to control financial risk and steady growth targets.
Into the middle of April, cotton yarn traders worry gradually increased, but has not yet appeared more substantial price reduction phenomenon, C21, C32S Indian manufacturers, brand A yarn offer is still 22200-22500 yuan / ton, 24700-25000 yuan / Ton (with votes), JC32S is up to 26800-27200 yuan / ton, due to OE yarn, C21 and below the low yarn and domestic yarn compared to not only more substantial decline in competitiveness and operating profit is also very few, but also bear cotton , The price of cotton yarn prices volatility, so some traders continue to turn to try or expand imports JC32, JC40S-JC60S Indian yarn, Vietnam yarn, with the same number of domestic yarn difference, profit is also slightly higher; Polyester yarn, cotton and other blended yarn import operation, both can give full play to the advantages of low cost of labor in Southeast Asia, and as much as possible to reduce the risk of money occupied; reduce cotton yarn, cotton business, expansion of India and Pakistan, imported fabrics in the country through the deep processing for export or domestic sales.