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The "Three Pack" High Count Yarn Is Favored By Chinese Weaving Factories And Traders.

2016/10/12 10:35:00 38

High YarnChina MarketIndia Fabric

According to the survey, the number of India gauze and Vietnamese yarn reaching the main port of China during the National Day has been increasing continuously. Pakistan's siro spinning and C20S supply are adequate, and the shipment and arrival are relatively stable.

India yarn is mainly C32S and JC21S, JC30S and JC32S. The shipment of OE yarn and low - count ring spinning not only has not increased but declined slightly.

Some traders said that according to statistics from India, the export of India cotton yarn to China increased by more than 55% in September, mainly from the middle and high count yarn combs and combed yarns. It is estimated that this part of the goods will be delivered to the bonded area before or after mid October, so it is expected that by the end of October,

China

The bonded yarn volume of the main port will reach 8-9 tons, and the total yarn of India, Vietnam, Pakistan and Uzbekistan will reach more than 75%.

It is understood that during the national day, Guangdong, Jiangsu, Zhejiang, Shandong and other places imported Pakistan siro spinning, C20S (C21S) towel yarn price and FOB, CNF quotations remained stable, and the market supply is more adequate, towel gauze inquiry and goods are slightly faster than other varieties; India yarn port spot quotation has not been adjusted, but at sight,

Futures yarn

CNF quotations rose slightly, C21S, C32S jet, rapier generally float 0.02-0.03 U. S. dollars / kg; JC21S, JC32, JC21S/2, JC32S/2 and other reported 0.03-0.05 dollar / kg.

Some cotton yarn middlemen in Qingdao and Guangzhou reflect that the demand for C32S, C40S and JC32S in India, Uzbekistan and Vietnam has been bottoming out since late September. The "three pack" high count yarn with bleaching, dyeing and packaging has been favored by Chinese weaving factories and traders.

First, because the spinning materials of Chinese spinning enterprises are still dominated by national cotton stores at present, although the breaking strength and fiber length can meet the requirements of cotton blending, the color level is poor. While the high price 2016/17 Xinjiang cotton mainly spins JC40S and above cotton yarn, JC21S and JC32S are not high enough for China's large and medium-sized textile mills.

Second, the difference between India and Pakistan JC32S and JC21S is much larger than that of domestic yarn, and the difference between JC32S and C32S is only 0.20 US dollars / kg (equivalent to RMB 1330 yuan / ton), which is much lower than that of domestic yarn.

Domestic yarn

At present, the cost of customs clearance in India JC32S is about 23900-24000 yuan / ton (net weight), which is lower than the domestic large and medium-sized cotton mill's quotation of 300-500 yuan / ton.

Third, imported cotton yarn can alleviate the financial pressure of weaving factories and middlemen to a certain extent.

It is reported that since the second half of 2016, the downstream foreign trade companies, garment enterprises and weaving factories have made arrears of debts, and the accounts have been widely traded. The pressure on the factory's funds to withdraw is relatively large, and the phenomenon of "no credit is difficult to ship" has forced the enterprises to make adjustments. In order not to affect production and delivery due to tight funds, cloth factories and middlemen are more inclined to adopt LC90 day imported yarn to alleviate the cash flow pressure caused by the 11 and December loan repayment.

On 7 and 8 October, the CNF quotations of C21SA and C32SA in India, Qingdao port were priced at US $2.66-2.69 / kg, 2.76-2.80 US dollars / kg respectively, which rose by US $0.22-0.25 / kg compared with the September low point. The CNF price of Pakistan siro spinning C10S and C21S towel yarn is 2.38-2.40 us dollar / kg, 2.58-2.60 dollar / kg, and Pakistan yarn quoted price is lower than the same number of India yarn US dollar / kg.

It is worth noting that the price of India JC32S has exceeded $2.90 / kg during the national day, and the JC32SA of the big factory and the brand has reached 2.95-3.0 USD / kg.

On the one hand, China's textile industry and foreign trade company's orders are mainly "spring and summer clothing" with high density and high density. On the one hand, the demand for combed and combed yarn is higher than that of 40S and below; on the other hand, the price of domestic cotton and new cotton is higher in the 2016/17 year. The difference between the "3128" price and the factory price of India's J34 ginning plant is 4000 yuan / ton, and the price of domestic cotton mills is rising with the help of cost and market atmosphere. Moreover, Chinese buyers have the mentality of "buying up or not buying up", with the bottom up rebound of India, Pakistan yarn FOB and CNF prices in mid 9 months, and the prices of enquiries and orders continue to rise. "Price for imported yarn"


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