Import And Export Yarn Inside And Outside The Sound Of A Spring Festival To Send Red Packets Market Can Be Expected.
In the past half a month, whether domestic cotton yarn or imported cotton yarn (internal or external) is booming, Pakistan, Vietnam, India, Indonesia and Central Asia yarn are quoted without exception. The port, Guangdong, Jiangsu, Zhejiang, Qingdao and other port bonded and clear cotton yarn are gaining momentum. Traders are reluctant to sell and sell high sentiment.
Analysis of the industry, on the one hand, the recent domestic 40S and the following combed yarn yarn factory price increase of 300-500 yuan / ton, high price combed, combed yarn price increase of 500-1000 yuan / ton, traders "appetite" was hanging up, the price increase closely followed the domestic cotton yarn; on the other hand, imports of cotton yarn FOB, CIF, CNF quotation continued to rise, holding spot or signed "futures yarn" traders profits increased significantly, confidence is rising.
With the increase in spinning cost and the increase in production costs and the signing of the first stage trade agreement between China and the United States, the cotton yarn quotations for Pakistan and India, Vietnam and other countries in the spot and 3/4 months have opened up a fast rebound rhythm. According to statistics, the export quotations of Pakistan 20S and 30S combed yarn increased by 0.07 US dollars per kilogram, and 0.10 US dollars per kilogram per week, according to statistics.
Some cotton traders said that although many weaving factories, garment factories and foreign trade companies in the coastal areas have gradually entered the vacation and rest state, the rising prices of cotton, cotton yarn and grey cloth before the festival are somewhat unexpected. Coupled with the formal implementation of the second stage agreement on the Sino Pakistani free trade agreement in the coming weeks, buyers are promoting "buying up or not buying" and the recent rebound in offshore renminbi, and will be further out of a wave of appreciation in 2020. Since the beginning of December, Pakistan, India, Vietnam and Central Asia have been warming up their enquiries and transactions, opening a round of "Spring Festival gift giving" market, and downstream intermediaries and enterprises for 2/3 months to replenishment or hoarding up enthusiasm.
According to Shandong Zibo, Weifang and Jiangsu Nantong, Changzhou and other intermediaries feedback, half a month to bonded, customs clearance of cotton yarn stocks continued to decline (especially Pakistan OE yarn, C20S-32S transactions active), C16S, 21S high package bleached yarn or even stage supply is tight. First, traders are not prepared enough to deliver "red envelopes" before the festival. Two, hoarding goods are selling up and selling enthusiasm before the festival is not high.
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