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Cotton Yarn Prices Rise In India And Pakistan

2013/12/31 20:57:00 6

According to the statistics of India textile department, the output of cotton yarn in India in November 2013 was 323 thousand tons, up 6.8% from the same period last year, but the growth rate was the lowest level in a year and a half. In November, China imported 176 thousand tons of cotton yarn, an increase of 20.74% over the same period last year, a decrease of 3.54% compared with the same month. In 1-11 months, the total number of cotton yarn imported from India and Pakistan reached 570 thousand tons and 566 thousand tons respectively, accounting for 29.6% and 29.39% of the total import volume of China in 1-11 months. The number of cotton yarn imported from China accounted for more than 50% of the total export volume of India cotton yarn. Some India mills and exporters said that since November, orders from Chinese traders and weaving factories were significantly lower than expected. Many cotton mills and brands of large scale cotton mills and brands have only been placed before and after the end of January. So the production of cotton yarn in India in the next few months will largely depend on China's demand.
＜p＞　　据江浙、广东等地的一些进口商反映，12月下旬以来印度、巴基斯坦、越南等产地的棉纱CIF报价继续小范围内反弹，其中25、26日印度21S、32S品牌A+纱的CIF报价普涨至2.80美元/公斤、3.10美元/公斤左右，较12月上中旬调涨了0.05-0.10美元/公斤，中国买家再次陷入观望、等待期，但印巴纱的报价仍缓步上向上调整，上涨的原因大致如下：其一是ICE主力合约从76.65美分低点大幅反弹至83.85美分，印度国内棉价止跌并低幅跟涨，24、25日印度国内S-6、J34的轧花厂出厂价为81.6美分/磅、83.1美分/磅，反弹趋势延续;其二是印度＜a href="//www.sjfzxm.com/news/index_c.asp"＞纺织部＜/a＞已将有资格获得出口激励的产品清单提交给商务部，其中包括棉纱，争取尽快恢复出口棉纱2.5% FOB价值的借贷奖励措施，对印度纱厂和出口商信心形成重要支撑;其三是由于中国2013年收储量持续扩大，至12 On 25 February, the storage capacity has exceeded 4 million 500 thousand tons, of which the actual storage ratio of Xinjiang has reached over 85%. Therefore, in anticipation of a substantial reduction in social circulation resources, ICE will lead to a substantial increase in the spot price of foreign cotton, and the difference between domestic and foreign cotton prices will be further narrowed. 
 traders in Qingdao, Zhangjiagang, Shanghai and other places also indicated that although the cotton yarn inventory level of India and Pakistan is relatively high, the dependence on Chinese buyers' import orders is more than 40%, but since the 12 month since this round of raising price cotton mills' unconventional "solidarity", some Chinese brand yarn CIF quotations and even "dry pull" style rise have not been "bought" by Chinese importers and weaving factories, while C32S of 2.75 US dollars / kg and 3.02 US / kg can consider bottom reading, but cotton yarn of 2.80 US dollars / kg and 3.10 US / kg will never follow up purchase. Industry analysis shows that the stalemate in the import yarn market will not be solved until at least mid February 2014. It is reported that a certain amount of cotton yarn contract between India and Pakistan was rejected by Chinese buyers in 11 and December. Some cotton yarns arrived at China's main port without buyers paying for foreign exchange and picking up goods. Some India mills and exporters did not ship. Therefore, at present, the quantity of "India" yarn in Hong Kong, Huangpu, Qingdao, Ningbo and other ports "consignment" is not large, and the rejected cotton yarn is mainly C16S and below. 
＜p＞　　与＜a href="//www.sjfzxm.com/news/index_c.asp"＞印巴纱＜/a＞CIF美元报价反弹0.10美元/公斤相比，近日山东、江浙等地C21S、C32S纱的人民币报价也有200元/吨左右的上调，成交价也上涨100-200元/吨，一方面是12月份以来抵港外纱量并不大，以消耗保税棉纱和清关棉纱为主，C40S、C32S、C21S纱的出货相对较快，而低支环锭纺纱和气流纺纱的销售并不快，紧密纺、赛络纺纱的需求也不景气，浙江某进口企业单日最高销售30个柜C32S棉纱;另一方面，12月以来，国内外同支数棉纱的差价达到1500-2000元/吨，而内地中小棉纺厂临近双节提前放假休息降低了C21、C32S纱的供应量，因此内外纱差价逐步缩小。 On the 25 and 26 days, the prices of India 32S and Pakistan 21S A+ yarn in Jiangsu and Zhejiang and Foshan regions in Guangdong were 24000-24200 yuan / ton and 21500-21800 yuan / ton (with tickets and warehouse pick-up), respectively, up 200 yuan / ton compared with the previous day, while the price of domestic yarn was concentrated at 25200-25500 yuan / ton, 23500-23800 yuan / ton, while domestic cotton yarn was completely inferior in terms of price, supply and purchase mode, and import yarn operation letter of credit operation accounted for more than 80%. 
The number of cotton textile enterprises that stop production and stop production in recent days has been increasing. However, due to the fact that the a href= "//www.sjfzxm.com/news/index_c.asp" > cotton < /a > resources and the demand of the cotton mills do not match perfectly, the raw materials of cotton mills and other raw material stocks are still at a significant low level. In addition, the number of imported yarn imported from abroad in 11 and December has declined. Some cotton yarn importers are betting that the domestic market will rebound at the bottom of February, but the rebound will not last for a long time. Therefore, most of the cotton yarn coming to Hong Kong at the end of December will be treated cleanly before the Spring Festival. No matter losses or profits, we need to pay close attention to the collection of funds, and the cotton yarn from January to Hong Kong needs to be hoarding. due to late December to January. However, according to a Ningbo enterprise, the quantity of imported yarn will not be low in 1 and February, and there is still a risk that it can rise by 500-1000 yuan / ton as expected.