How can the yarn market be "light"

It is difficult for the current yarn market to use only a “light” character. The pure polyester yarn market is still mainly cautious and lacks confidence in the market outlook. The cotton yarn market was still weak throughout the month of July, and the atmosphere was deserted. Confidence in the cotton mills and market players was generally low; the polyester/cotton yarn market was still in a downturn, and the transaction was almost deserted; the cotton yarn market continued to decline and sales were sluggish. .

The sales of cotton yarn are weak. After entering the month of July, the cotton yarn market made the industry feel disappointed, the market sentiment continued to decline, the transactions were generally deserted, the price was weak, the business confidence was low, and the sentiment of yarn mills continued to rise. According to the market’s response: “Since July, cotton yarn sales have been scanty and rarely traded, and the market has been very quiet.” For this reason, the general price quotation of the cotton yarn market is fairly stable, but the actual soft yarn finishing is mainly based on the end of the month. Market C21S mainstream price of 22,500 yuan / ton, C32S mainstream price of 24,000 yuan / ton, C32S high with the mainstream price of 25,000 yuan / ton, JC32S mainstream price at 27,400 yuan / ton, JC40S mainstream price at 28,700 yuan / ton. Analysis of the reasons for the continued weakness of the cotton yarn market: First, due to the arrival of the downstream traditional off-season, the weaving plant's operating rate has declined, which has added to the unsatisfactory cotton yarn market, resulting in a smaller trading volume; second, the performance of the upstream cotton market in July. Not optimistic, whether it is ** or the spot is mainly to adjust to weakness, lack of cotton support to the cotton market mentality is even bearish. In addition, despite the continued weakness in the cotton yarn market, the spinning mills chose to reduce production and stop production, and the total output has been controlled. However, pressures such as funds are still apparent. The yarn factory sentiment is still relatively strong, and the price is naturally unstoppable.

Pure polyester yarn fatigue finishing. In the first half of July, the price of upstream polyester staple fiber under the influence of polyester raw materials, the market reappeared weakly and prices continued to drop. The mainstream price of 1.4D*38mm polyester staple fiber in Jiangsu and Zhejiang dropped from around RMB 10,100/t at the beginning of the month to mid-month. 9830 yuan / ton. Polyester yarn prices also weakened, market shipments declined, market sentiment was dull, and spinning manufacturers were mainly cautious shipments. The price was steadily declining. The mainstream price of T32S yarn fell from around 14,000 yuan/ton at the beginning of the month to a lower level. 13,700 yuan / ton, the market wait and see mood strong. Although the prices of polyester staple fiber have gradually stabilized due to the rebound of raw material prices, the mainstream price of 1.4D*38mm polyester staple fiber in Jiangsu and Zhejiang has risen to about RMB 9900/tonne, but the pure polyester yarn market is difficult to move. The atmosphere is still weak. According to reports from some market players, the sales of polyester yarn have not been very good in recent days, but the price has increased significantly in the early period. Therefore, the mentality of shipments of spinning mills is relatively obvious, and the price is difficult to conceal.

The price of cotton yarn dropped steadily. The cotton yarn market in July can be described as extremely declining in the industry. The market conditions are still weak and the price is dominated by overcast. For example, the R30S knitting yarn in Shaoxiao District has gradually declined from about 16,500 yuan/ton at the beginning of the month to about 16,300 yuan/ton, and the R30S woven yarn has also declined from 15,501 yuan/ton at the beginning of the month to 15,800 yuan/ton. About 15600 yuan / ton, the lower the market basically no ideal variety. The continued weakness of the people's cotton yarn market was mainly affected by the lack of demand in the downstream market. In July, overall shipments of the people's cotton yarns continued to shrink, the pressure on the spinning mills increased, and the pressure on funds continued to increase, resulting in inability to maintain prices. Thicker. In addition, the upstream raw material viscose staple fiber market in the first half to stabilize the main decline, 1.5D * 38mm viscose staple fiber from the beginning of July 11950 yuan / ton gradually declined to about 11,800 yuan / ton, although the monthly self-industry industry The meeting was again held in Beijing but it was difficult to support the market. In addition, in the first half of this year, whether the viscose staple fiber or the man's cotton yarn market is poor, this market is basically based on short-selling, confidence continues to be suppressed, spinning manufacturers have reduced, converted, and middlemen are also many Drop to zero inventory.

To sum up, I expect that the short-term yarn market will not be improved, and the market players will continue to prepare for further declines, and will be cautious in stocking and accelerating sales.