Spinning companies wait and see attitude, price is low

Cotton market: At the beginning of this week in the council meeting of the Cotton Textile Association, after the relevant leaders mentioned the late quotas and dumping, the market rumors increased. Mainly for the mid-April mid-September issued a slip of quasi-tax allowance of 600,000 tons, lower than the market expected to million tons. In May and June, the price will be even, even selling less than 19,800 yuan / ton to sell millions of tons of national reserve cotton. However, following the previous auction price system or adopting new selling methods, there is no mainstream view yet. Cotton Yarn Market: The cotton yarn market maintained a stable trend. The quoted price of a large cotton spinning company in Binzhou was stable. Its combed 32S and carded 40S taxes were reported at RMB 31,000 and RMB 31,000 per ton, respectively. Manufacturers indicated that sales were still acceptable, but the pressure on grey cloth inventory was increasing. Do not rule out the possibility of low-cost goods. Other areas in Shandong Province such as Zouping, Guanxian, and Gaotang manufacturers take cotton yarns in general, and mainstream C32S newspapers are reported to be near 27200. Bulk deals can be preferential, with some high-priced C32S reported at 28,500 yuan/ton, and individual bulk transactions heard at 26,800 yuan/ton; Jiangsu Province The sale of cotton yarn in the Nantong Dieshiqiao area was not smooth. Although the quotation was insisted, the actual transaction center was slightly decentralized. At present, the mainstream price of local carded C32S is 25,200-26,000 yuan per ton, and the individual is slightly higher at 26,600 yuan per ton. In terms of the overall market, the mentality of the upstream cotton enterprises was different. The purchase of downstream textile enterprises was relatively calm. Due to the decrease in the operating rate and the increase in the proportion of raw materials for chemical fiber, most of the downstream textile companies did not improve their yarn prices. The mindset that raw material stocks are not in a rush to purchase is not recognized as a “gap theory” for cotton this year, and textile companies generally maintain a wait-and-see attitude.

Shandong price list reference: 21S Airstream spinning Changyi area reported 20,500 yuan / ton (no votes); high density reported 20,000 yuan / ton (no votes); Pucheng 21S carding reported 21,300 yuan / ton; Zhucheng high with 22,300 yuan / Tons, high-density carding (mixed cotton towels with hank) reported 22,800 yuan / ton; 32S carded high with Texas newspaper 26,200 yuan / ton, Binzhou area, Pu card clearing without reporting 25,500 yuan / ton; 32S combed Luancheng The area reported 29,800 yuan/ton. 40S mixed grade cotton, Pu Card City reported 26,900 yuan/ton, Binzhou District reported 27,200 yuan/ton (Grade 3, Dianqing), Zouping Gao reported 28,000 yuan/ton; 40S combed Linqing District reported 30,500 yuan/ton, Tai'an area reported 30,700 yuan / ton.

Zhejiang regional price list reference: OE21S reported 20,500 yuan / ton; Anhui produced 21S knitted newspaper 20,600 yuan / ton, 21 high with 24,700 yuan / ton, J21S reported 26,200 yuan / ton; Henan produced 32S high with 26,000 yuan / ton, J32S reported 30,000 yuan / Ton; Shandong 40S reported 27,000 yuan / ton, semi-combed 29,200 yuan / ton, 40S high with 28,300 yuan / ton, J40S reported 30,700 yuan / ton; Liaoning production 60S (including long-staple cotton) reported 35,000 yuan / ton, J60S Reported 37,000 yuan / ton.

Downstream market:

China Textile City: The sales volume of staple fabrics is: 1. 200,000 meters of cotton fabrics (including 70,000 meters of conventional cotton clothing fabrics, 20,000 meters of casual and dyed cotton clothing fabrics, and 45,000 meters of cotton printed clothing fabrics, all-cotton printed yarn-dyed bedclothes and cotton fabrics And other home furnishing 20,000 meters, the hotel with cotton bed cloth 10,000 meters, 15,000 meters cotton velvet, knitted cotton cloth 20,000 meters); 2. T/C cloth 110,000 meters; 3. T / R wool like 190,000 meters; 4. Short fiber blended (mixed) fabric 30,000 meters; 5. T / R (T / C) Jinmian (cotton) Spandex and other short-fiber elastic cloth 20,000 meters, 6. People 150,000 meters cotton cloth; 7. The staple fiber base fabric is coated with 20,000 meters of imitation leather. In the short staple category, the spot transactions of conventional cotton apparel fabrics, cotton printed apparel fabrics, T/C fabrics, and staple fiber blended (mixed) fabrics have picked up in varying degrees, and there has been a slight increase in order shipments.

Gray cloth: Due to the fact that the market stock is relatively full, domestic demand is not booming, and export is hindered. As a result, many textile companies have fewer orders, a sense of urgency and a decrease in the operating rate. Many companies in Shandong, Henan, Chongqing and Liaoning are half open and half. Stopped, the price is still down steadily. Good quality OEC7S×7S68×3863 “3/1 yarn card 13.50 yuan/m, JC60S×C40S173×120118” 4/1 satin (jet) mainstream price 20.70-21.00 yuan/m, R60S×60S90×8865 “1 / 1 person fine cotton cloth (jet) lower price 5.40-5.50 yuan / meter, JC40S × 40S + 40D96 × 7265 "1/1 cotton ammonia poplin 8.00 yuan / meter or so.

Fabrics: Downstream fabric manufacturers are not optimistic about the outlook for the market outlook. Due to the lack of orders and the relatively small number of products, most of them believe that there will be no major improvement in the second quarter. On the one hand, at present, the gauze market “oversupply” and it will take a while to digest digested inventory. On the other hand, there is a serious problem of “homogenization” of products among enterprises, and it is still difficult to shake off low-price competition in the short term. According to industry analysts, even if the order in the second quarter is slightly warmer, the “rising” market is also more difficult to present. If the order in the terminal market fails to improve in the second quarter, the entire cotton textile industry chain will continue to fall.