Bad Air Gradually Diluted External Yarn, The Outer Plate Business Rebound.
In recent days, cotton and yarn import enterprises such as Jiangsu, Zhejiang and Guangdong have indicated that the prices of bonded and "futures yarn" in Pakistan, Vietnam and India have continued to slow down, especially the 8S-16S siro spinning and OE yarn (OE16S, OE21S, OE26S stocks are on the low side), and C21S-C40S knitted yarn demand is also showing signs of recovery.
Analysis of the industry, on the one hand, weaving, clothing and other downstream enterprises after nearly a month of products "go to stock" (at the same time, raw materials to reduce or even postpone procurement), the effect is more significant, cotton yarn restores the library will begin to pick up; on the other hand, the recent India yarn, Ba yarn and other external quotation price reduction (dollar price); again with the RMB exchange rate appreciation of the sharp increase in import advantages, to stimulate the enthusiasm of Chinese buyers to recover slowly.
In addition, from the survey, with the upcoming G20 summit in Osaka and the positive signals of Sino US trade negotiations (leaders' meeting and trade talks reconvened), the US dollar's tariffs on US $300 billion imports are expected to be postponed, so the production, orders and shipments of textile and garment enterprises will rebound at the bottom.
Since June 25th, the 6/7, Pakistan, Guangdong, Hong Kong, Guangdong, Hong Kong, India, Hong Kong, OE10S, OE16S, C21S and C32S have been quoted for CNF $2 / kg, 1.82 US dollars per kilogram, 2.62 US dollars / kg, 2.85 US dollars / kg respectively. The India Dachang brand 21S and C32S yarn are higher than the bar yarn high 0.03-0.05 dollar / kilogram (from Luo Baopiao), while the India JC21S and JC32S yarn quoted price is 2.77 US dollars / kg, 2.97 US / kg respectively. With "combed yarn" and "OE yarn" clinched "spring" gradually different, India, Vietnam, Indonesia and other high producing combed yarn, high count compact spinning inquiry and shipment is still "cold pressing", cloth factory, middlemen cable, see goods, get very few goods.
A trader in Qingdao said that the price difference between cotton and domestic products has narrowed in recent days (the price of external quotas has declined and the RMB has been upgraded). The imported yarn of 32S and below is more important than that of domestic yarn (cotton with cotton and cotton as the main product), and its advantages in strength, dyeing uniformity and neps and Mao Yu are increasingly valued by domestic purchasers.
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