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[National textile survey, the market can be stable before the Spring Festival?]
Release date:[2020/11/9] Read a total of [277] time

"Golden Nine and Silver Ten" is the cyclical peak season for the cotton textile market, and the cotton textile market has noticeably recovered recently. In order to fully understand the current operation of the cotton textile market across the country and the company's forecast for the market outlook, the China Cotton Textile Industry Association tracks the operation in a timely manner by communicating information with cotton textiles and upstream and downstream enterprises in various regions. The relevant content is summarized as follows:


Raw material market


Cotton in Xinjiang: The price of cotton has been stable recently, and the price of cotton in southern Xinjiang is higher than that in northern Xinjiang, about 15,100-15500 yuan/ton. The quality of cotton in the new year is poor, and it is expected that the quality of gauze may decline after extensive use. For the market outlook, companies believe that the short-term double eleven orders are basically over. Due to the serious epidemic abroad, the demand will not increase much in the later period, and the cotton price will fall.


Jiangxi viscose: The current mainstream viscose price is between 10,000-11,000. Orders have been increasing since September, inventory has fallen sharply, shipments are tight, and profits and losses are basically flat. Downstream home textiles and apparel market demand has recovered significantly. Companies are cautiously optimistic about the later market, believing that the price of viscose has a higher probability of rising, because the current price is basically at break-even. The downstream home textile and apparel market is optimistic in the short term, but the long-term continuity is uncertain.


Jiangsu polyester staple fiber: Due to the epidemic and the increase in export orders, the current price of polyester staple fiber is around 6000 yuan/ton, the inventory is reasonable, and there is currently a profit. Demand from downstream cotton spinning enterprises increased. It is expected that the current price will remain until the Spring Festival, and then there will be a contraction. Orders and inventory will basically maintain their current status.


Yarn market


Jiangsu Vortex Yarn: The market is good from September to October. It is expected that orders will start to decrease after Double 11 and the market will become weaker. Recently, the price of viscose and polyester has risen sharply, and the price of yarn has also risen accordingly, which is generally accepted by downstream customers. The overall downstream operating rate is currently relatively high. Not optimistic about the future market.


Shandong cluster cotton low-count yarn: the operating rate is above 95%, and the market recovery momentum is good. The price of cotton yarn has risen rapidly some time ago, and there is a trend of callback recently, and there are certain difficulties in purchasing. Recently, downstream companies have been full of orders due to the impact of the foreign epidemic, and the stability in the later period is not easy to judge. It should be in a stable growth stage before the Spring Festival.


Jiangsu high-count yarn: Orders have gradually recovered from the end of July, and work started at full capacity, reaching a high level in mid-October. The delivery time is tight. Enterprises believe that the rise of raw materials is a return to normal prices, yarn prices have also rebounded to normal prices, and profit levels have picked up, but not as good as the same period in previous years. The downstream market is relatively optimistic. Due to the loss of control of the foreign epidemic, it is worried that it will affect the supply of imported raw materials and the continuity of foreign high-count yarn orders, and the prediction of the later market is uncertain.


Differentiated yarn in Shandong: Recently, the price of main products has increased by 2,000 yuan per ton. Orders are scheduled to the end of the year. Inventories have been reduced compared with the first half of the year. In order to expand the domestic market, product prices have been adjusted and profits have decreased. .


Peixian viscose yarn: The market price of viscose yarn in Peixian County stabilized after a period of increase in the previous period. Companies have sufficient orders and few inventories. Most companies have turned losses into profits, and their downstream purchases are active and their bargaining power has become stronger. Market shift. It is expected that later prices will stabilize for a period of time, orders will be basically sufficient, inventory will not increase, labor will be tight, and most companies will have profits. The downstream is expected to actively purchase because the Spring Festival is approaching. After several years of downturn, core-spun yarns suddenly broke out this year, which indirectly caused the shortage of viscose yarns on the market.


Henan pure cotton yarn: At present, cotton textile enterprises have no or low stocks of yarn, and the prices are firm. The orders will be mainly domestic demand until November. The cotton price of the previous inventory is profitable for the current order, and the new order price will be adjusted according to the current cotton price. It is expected that if there is no major market fluctuations, the production situation before the Spring Festival is optimistic, the increase of new orders will slow down, the yarn mills will not make price changes for the time being, and the price of cotton will fluctuate greatly, and later profits will be affected.


Jiangsu Mélange Yarn: Affected by the overseas epidemic, the return of orders and Double Eleven, the current orders are good, mainly domestic orders, relatively few foreign orders, and orders can continue until the end of the year. Product prices rose by more than 2,000 yuan/ton, with low or no profit, no inventory, and a slight increase in terminal product prices. The later market is more difficult to predict, and there are many uncertain factors. It is expected that later orders and prices will decline, and the possibility of spinning orders to be infinitely enlarged is also greater.


Fujian non-cotton yarn: The current price is stable and rising, orders are relatively abundant, inventory is reduced or basically no inventory, the operating rate is higher, and the profit is better. Downstream home textiles are weaker than yarn. Yarn prices rose by RMB 1,000 to RMB 2,000 in October. There were more orders from spinning mills, which were basically the same day’s inventory, and the cash flow profit was relatively high. After October 20th, the downstream purchasing enthusiasm dropped sharply and new orders were relatively few. It is expected that the profit of spinning mills will gradually return to the normal range in the later period. The overall stability is weak. Prices will stabilize in the future, and the rise and fall will be small. The relatively high prices of agricultural products have driven the price of lint to stabilize.


Xinjiang pure cotton yarn: Affected by domestic double eleven and foreign Christmas, some orders have temporarily returned to China. The current market situation is generally good; the current orders are sufficient, the gross profit margin is relatively high, and some varieties are in short supply. Since the third quarter To maintain profitability, product inventory has dropped significantly. It is expected that the market will stabilize and improve as a whole before the Spring Festival, and product inventory will remain low. Without being affected by the epidemic, the fourth quarter will be significantly better than the third quarter. At present, cotton prices in Xinjiang are at a relatively high price level, with a further downward trend and greater uncertainty.


Hubei cotton yarn: The current order has increased to more than one month, and the operating rate is 90%. It turned out to be looking for orders. Now customers are rushing to place orders, but it only lasts for 20 days after the holiday. Now the order speed is significantly worse. Due to the pre-holiday capital pressure, raw materials were kept cautiously, and there was no profit from purchasing raw materials and yarn supply at current prices. The operating rate was only guaranteed and the gross profit margin was not. The market is expected to flourish around the Spring Festival, and the gross profit margin should be better than now.


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