Market: The Price Of Imported Yarn Has Risen, And The Purchase Of Cloth Factory Has Not Started

    According to the feedback from textile mills and cotton yarn traders in Jiangsu, Zhejiang, Guangdong, Henan and other places, due to the joint rise of ice and Zhengzhou cotton since early February, and the inflection point of the new epidemic situation in Europe and the United States, the global trade, economy, exchange and consumption have entered a strong rebound channel. Recently, the shipping, bonded and customs clearance reports of cotton yarn from India, Pakistan, Vietnam and Indonesia have been reported Prices are rising, including India, Vietnam and other places of origin cotton yarn growth is higher than Pakistan cotton yarn.

Textile factories in Foshan, Zhongshan and other places in Guangdong Province said that the resumption of production after the festival was 3-5 days earlier than in previous years, and most manufacturers of denim, knitted fabric and bedding in the surrounding areas started construction before the tenth day of the first month. On the one hand, before the Spring Festival, there are still a certain number of regular orders not completed and delivered. With the recent sharp rise in the prices of cotton, cotton yarn and other raw materials, terminal customers hope that the textile mills and fabric factories will advance the delivery time; On the other hand, from the perspective of epidemic prevention and control, this year, all regions and production enterprises encourage employees to celebrate the lunar new year on the spot, so as to reduce the risk of mobility. Therefore, the rate of production personnel on duty and return to work is high.

However, several textile and clothing enterprises reported that due to the low stock of raw materials such as cotton yarn and grey cloth before the festival, the prices of bonded + customs clearance cotton yarn and domestic yarn increased significantly after the festival (some cotton yarn factories tentatively increased 500-1000 yuan / ton), so the inquiry and effective purchase of gauze after the festival has not yet started, and the short-term main task is to digest the inventory of raw materials. After the festival, Zheng cotton, Zheng yarn and other "wind vane" led the spot price to rise. Not only did the profit of domestic and foreign trade orders decreased significantly in December / January, but also there was no profit or loss. Moreover, they were cautious about the orders in the second and third quarters of 2021. They were worried about the production and performance difficulties caused by the price fluctuation of raw materials such as cotton and polyester staple fiber and the acceleration of RMB appreciation.

According to the survey, weaving, clothing and other terminal enterprises have a wait-and-see state on the import yarn quotation. The inquiry and contract signing of ship cargo and bonded cotton yarn are still at a half standstill. The transaction of cotton yarn in port customs clearance starts slowly. Some traders increase the spot price of cotton yarn with "loud thunder and little rain drop", and have strong willingness to ship goods. A large trader in Shaoxing, Zhejiang province believes that with the price difference of cotton yarn from "hanging upside down" 100-200 yuan / ton before the Spring Festival to "hanging up" 200-300 yuan / ton, the competitiveness of India, Pakistan and Vietnam yarn has improved, which is conducive to the "de Stocking" of cotton yarn in Port Bonded and customs clearance.