After entering August, the overall cotton yarn market is still weak and the price is stable. However, the sales performance of some yarn counts are better, with both volume and price increasing. Most textile companies believe that the “Golden Nine and Silver Ten” are coming.
According to the situation in previous years, cotton yarn sales will usher in a wave of peak orders from September to October, and many companies have begun to gradually increase operations and production plans. Affected by the continuous increase in the spot price of spot cotton, the future sales quotation of cotton yarn will be increased. However, due to the uncertainty caused by Sino-US trade and the impact of the new coronavirus, China’s textile exports are bound to be affected in the future. The recent heating up of cotton yarn seems a bit cautious. . Textile enterprises will wait and see while asking about market trends. They will raise cotton yarn quotations at the right time. At the same time, they will increase the production of marketable varieties, accelerate the withdrawal of funds, increase the purchase of cotton raw materials, ensure the supply of raw materials, and enhance the ability to resist risks.
As of August 6, the quotations for medium and low-count yarns in various places in Henan are stable, with the prices of carded 21, 32, and 40 being respectively 17,500-18,500 yuan/ton, 18,500-19,500 yuan/ton, and 19,500-21,000 yuan/ton. Yuan/ton hovered around the front line, unchanged from the previous day. In the actual transaction, if the merchant pays in cash, there is still a small room for negotiation on the price.
The current market for combed yarn is still dominated by combed 21S, 26S, 32S, and 40S. The order situation is slightly better than that of carded yarn. The prices are 20,500-21,500 yuan/ton and 20,800-20,800 yuan/ton respectively. 22,000 yuan/ton, 21,500-22,500 yuan/ton, 22,000-23,500 yuan/ton. At present, orders are still acceptable, but the production lines of most companies are not producing at full capacity, and the operating rate is generally 35-75%. There are still companies that have stopped production during holidays.
The air-end spinning market is generally average. At present, the prices of air-end spinning 10S, 12S, and 16S of a company in Henan are 13,500-14,500 yuan/ton, 14,000-15,000 yuan/ton, and 14,500-16,000 yuan/ton respectively. The price is relatively stable. Since the current market situation of open-end spinning is average and the market competition pressure is high, manufacturers will have a small profit margin during the actual transaction process. However, due to the financial constraints of various textile enterprises, in actual transactions, most textile enterprises require merchants to settle in cash. </p
