The Decline In Cotton Yarn Prices May Not Be Far Away.

The center of gravity of the reserve cotton has fallen by 700-800 yuan / ton.

Profit realized from negative to positive, and profits of some enterprises were considerable.

For example, a pure cotton spinning enterprise in Zhengzhou, Henan, mainly produces combs, combed 50S and the following yarn branches. At present, the profit margin of yarn is 1000-1300 yuan / ton.

However, enterprises also have some difficulties to hide. There are two main aspects: first, it is more difficult to develop new customers than the old customers.

In order to develop some new customers, their enterprises have some concession and preferential actions.

Two, as the current combing 32S, combed 32S and 40S sales are smoother, but other high fine combed, high spun yarn sales are not satisfactory, and other low and medium yarn demand is also weak.

In order to attract customers, enterprises also reduce prices on some of the more slowly sold yarns.

Present China

There are still many difficulties. The price of upstream raw materials is falling. In fact, it is a good time for Chinese textile enterprises to adjust their yarn prices again and enhance their overall competitiveness.

In addition, the recent cotton fabric storage pressure is large, prices remain stable.

"There may be a reduction process for cotton yarn in the near future."

The market participants said that, first, the recent reserve cotton prices showed a steady trend, but the price level dropped more than 800 yuan / ton at the beginning of the dumping. When the price of raw materials dropped to all textile enterprises, it was estimated that the price reduction would be promoted or become a trend.

Two, the downstream has not improved significantly, and the recent import yarn prices continue to decline, but also to the domestic yarn price sense of crisis.

Therefore, the decline in cotton yarn prices may not be far off.

Due to the decline of polyester and viscose prices, some of the recent decline in the price of some blended yarn, pure polyester yarn and cotton yarn will also bring negative atmosphere.

What is the signal of the raw material down to the yarn? The quotation of Zhejiang Dachang direct spun polyester staple fiber keeps stable, and its 1.4D semi gloss PET staple price is 7560 yuan / ton in the province, and it is delivered to 7610 yuan / ton outside the province.

At present, PTA05 dropped 36 points, Fujian polyester staple factory this morning is mainly temporary stability and finishing, 1.4D direct spinning.

The mainstream still reports a short delivery of 7600 yuan / ton, and there is a certain room for negotiation.

Shandong, Hebei polyester staple fiber consolidation and wait, 1.4D direct spinning polyester staple mainstream offer 7650-7800 yuan / ton to the province, the current cash flow earnings of more than 200.

The trend of raw materials is weak. The semi light section of Jiangsu and Zhejiang provinces has a low turnover. The enthusiasm of downstream replenishment is not good. The turnover of small bills in a few hundred tons is 6900-6950 yuan / ton (cash in cash).

Shandong Changyi pure polyester yarn quoted price is stable, the original white quality excellent 32S quotation 13500-14500 yuan / ton short delivery, pure black 32S stable 12800 yuan / ton short delivery.

Polyester staple fiber is currently profitable in cash flow, but demand support is relatively weak. Raw materials are weak in the near future, and wait-and-see sentiment is strong in the lower and lower reaches. The replenishment intention is not enough. Most of the short term follow the raw materials vulnerable collation, but if there are signs of stabilization in the market, trading or slow recovery.

Concerned about oil prices, PTA futures, MEG electronic disk, downstream yarn manufacturers orders.

Turkey's domestic cotton prices remained strong this week, and the Izmir exchange M (31/32) reported 7.60 lira / kg (94.50 cents / pound).

It is expected that the cotton planting area in Turkey will increase by 15-20 percentage points over the previous year in 2017/18.

It is understood that the machine picked cotton is now rapidly promoting in Turkey.

According to local media in India, the India house of Commons recently passed the GST (goods and services tax) act, which includes 4 main contents: the central GST law, the comprehensive GST law, the GST provincial compensation law and the federal territorial law.

This will undoubtedly make India a single step towards a single market.

India finance minister said that once the GST is formally implemented, goods and services can be easily circulated throughout India, and the whole India will have a single tax system.

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