The Demand For All Cotton Yarn Is Relatively Stable. The Domestic Yarn Has Lost Its Dominant Position.

Yarn: the demand for all cotton yarn is relatively stable, and the sales of combed yarn are still normal. At present, only the price of high count yarn is kept, and imported yarn is common. With the price becoming stable, the domestic combed yarn has no advantage.

Pure polyester yarn continues to consolidate, 32S and 45S trading volume slightly rebounded.

The trading volume of 10S and 30S is relatively large, and the price is slightly upward.

Conventional cotton yarn sales in general, price maintenance, Xiao Shao conventional C32S price of 19200-19500 yuan / ton, business mentality is still relatively weak.

The recent compact spinning combed cotton yarn is relatively smooth.

Firm, a factory in Hebei is spinning JC50S tightly.

27000 yuan / ton, compact spinning JC50S package bleaching price 28000 yuan / ton.

Sheng Zequan's quotation is stable, and enquiries are available. 32S's main quotation is 11200 yuan / ton, and 45S's main quotation is 12100 yuan / ton.

Related links:

The US Department of agriculture forecast in May that global cotton production and consumption in 2016/17 increased year-on-year.

Forecasts show that global cotton production increased and consumption grew slowly in 2016/17, but global inventories continued to decline for second consecutive years and almost all came from China.

Next year, the increase in sales and consumption of China's cotton reserves will reduce the final inventory by 6 million 600 thousand bales.

Stocks outside China are expected to increase slightly, changing the current state of tension in other export banks except the US and Australia.

Global imports are expected to decline slightly due to the resumption of cotton production in Pakistan and China's continuous digestion of reserve cotton, while imports from major importing countries such as Vietnam and Bangladesh have slowed down.

Global consumption continues to grow on the basis of continued consumption growth in Vietnam and Bangladesh, and China's consumption is expected to recover.

The ongoing sale of reserve cotton and domestic price support policy will make domestic cotton prices continue to be substantially lower than those of previous years.

Meanwhile, slower growth in cotton consumption in other countries is also the inevitable result of accelerated consumption growth in China, especially in the Vietnamese New Year.

From the supply side, the unfavorable growth environment in India, Pakistan and the southeastern United States will no longer exist in 2016/17.

Production in Egypt, Turkmenistan, Turkey and some other countries in West Africa is also expected to increase.

Due to the increase in global production and cotton sales in China, the international cotton price will be more conducive to textile production next year.