India Yarn "Ambition" Big Combed Yarn Market Danger

According to Zhejiang Shaoxing, Guangdong Foshan, Shandong Qingdao and Zibo and other places of cotton yarn importers, since mid September, import, India, Pakistan, Vietnam and other combed yarn inquiry, volume continued to slump, JC32S, JC26S and a small amount of JC40S yarn daily shipments even less than 50% in the middle of July, some traders JC32S yarn and even only one or two shipments a week, and the ports siro spinning, compact spinning import C10S, C16S, C20S cotton yarn quotations and turnover is relatively stable, C21/2 and C32/2 pactions still maintain a relatively good momentum.

On the one hand, India's new cotton has rarely been listed, but the quotations of cotton and cotton in Brazil, 2014/15, such as "cotton" and "2015 cotton" and "Brazil cotton" have gone down a lot in the year of 2014/15. The quality and quality of West Africa cotton, India cotton and Pakistan cotton have declined a lot. Many Southeast Asian manufacturers have difficulty in matching high count yarn with cotton yarn. The consistency and stability of cotton yarn are poor, the difference between batches is large, and the phenomenon of mixed batch mixing has increased. On the other hand, the order of Chinese textile mills, printing and dyeing factories and garment factories has shifted to the order of spring 2016, and the demand and attention for coarse cotton yarn have been raised. The yarn quality of cotton, cotton yarn, CV value, bleaching, dyeability and so on of India and Vietnam yarn has exceeded that of domestic small and medium-sized cotton textile enterprises. Some importers are analyzing.

　　从目前各贸易商棉纱FOB、CIF报价来看，10月份以来进口纱价格波动不大，幅度在200元/吨左右，呈现“先高后低”走势，一方面ICE期货主力合约在9月上中旬呈“八”字形，在9月11日上行至64.20高点后掉头下滑，低点一度逼近62美分/磅(62.05)，但重心仍在63美分/磅强支撑位附近，10月上中旬主力合约一直在60-63美分/磅厢体内反复振荡;另一方面进入9月中下旬，内外销市场先后迎来一轮需求、消费的小高潮，订单有所增长，C32S及以下低支纱的采购回升，但港口纱线库存上升和国内中小纱厂的大量停机导致反弹成“昙花一现”;另外随着国产棉上市脚步加快，棉花现货价格从14200-14500元/吨下跌至13200-13500元/吨，国产棉纱售价的调整幅度虽然低于棉花，单位利润较7、8月份回升，但需求和成交量的下滑令棉纺织厂更加担忧，外纱虽然在价格、单次交货上的优势仍较为明显，但

The decline makes the price of internal and external yarn stable and stable.

Shandong,

Some of the looms and middlemen of other places indicated that the inquiry and concern about the recent Pakistan cotton yarn had declined. On the one hand, the price of cotton yarn FOB and CIF had been raised due to the sharp rise in cotton prices in Pakistan. Some contracts were difficult to enforce because of the "no reason" increase or no delivery of the goods according to the contract. On the other hand, Pakistan textile mills were gradually caught up and surpassed by the textile manufacturers in Vietnam, Indonesia, Thailand and Malaysia in terms of equipment, technology and workers' proficiency.

Indicators are also lagging behind these Southeast Asian countries, mainly cotton mill in Pakistan, India cotton, Pakistan cotton and Central Asian cotton (mainly Ukrainian cotton) and so on. High grade machines such as cotton, Australian cotton and Brazil cotton are rarely purchased. Most cotton yarns can not promise to "bleach, pack dye and pack machines." almost all cotton yarn imported from cloth factories, traders or other cotton importing companies is paid by letter of credit, but Pakistan mills are generally small in size (5000-10000 spindles are mostly). Apart from some cotton yarn exporters receiving five letters of credit from state-owned banks, other commercial bank letters of credit refuse to accept, which seriously restricts the paction between buyers and sellers.

On the 11-12 th of October, the price of India Pakistan C21 knitting yarn in Guangzhou, Shanghai, Ningbo and other places was 17200-17500 yuan / ton respectively, the low match was only 16500 yuan / ton, the C32S knitting yarn was 19200-19600 yuan / ton, the low matching was 18600 yuan / ton, and the price difference was 800-1000 yuan / ton with the same domestic yarn. In October 12th, the importers' C21, C32 and JC32S India yarn CIF quotations were 2.15 US dollars / kg, 2.45 dollars / kg, 2.74 dollars / kg respectively.

Some importers said that the number of India cotton yarn signed and shipped in 10 and November is still relatively large, and the proportion of bonded volume will reach 35%-40%. On the one hand, the cotton price of India will rebound and rebound due to the fear of India's implementation of the cotton purchase and storage policy and MSP (the lowest seed cotton purchase price), so that the cotton mill can raise the price of cotton yarn FOB and CIF, and some middlemen and cloth factories have the intention of hoarding cotton yarn. On the other hand, as the Pakistan cotton mill proposes to prohibit the import of India cotton yarn, the India cotton mill has limited space to expand domestic demand, so it can only increase exports, reduce inventory pressure and occupy funds.