- Contact：Mr. Ling
- Phone：0086-13306288876
- Tell：0086-0513-84600126
- E-mail：lzj550711411@163.com
- Address：Jiangsu nantong rudong Yuan Dadao Yuan Zhuang town
Since March, the textile order market is weak, domestic spinning enterprises, weaving factory opening probability continues to decline, low operation, spinning enterprises cotton inventory is lower than the same period in previous years, while yarn inventory is higher than the same period in previous years, there is a significant departure. As a result of the early staple fiber price advantage is obvious, to reduce losses, some factories to blend. After May, spinning enterprises C32S ring spinning spot profit gradually repair, from a loss of 1000-1500 yuan/ton to profit of 1500-3000 yuan/ton or so, early August demand picked up slightly, some varieties of spinning enterprises inquire single price in the majority, small single, bulk single shipment. Domestic demand was weak, and textile and apparel exports in 2022 were higher than in the same period last year due to the prolonged high level of raw material prices. Domestic reserve cotton stock is at a historically low level, the first batch of cotton in 2022 is not ideal, and the commercial cotton stock is high and digestion is slow.
On the supply side: the cotton sales progress in 2021 is slow. Under the condition of overstocking of old cotton stock, gyners will participate in the cotton purchase in the New Year cautiously. It is difficult to rush for harvest, and the cotton supply in the market is loose.
Demand side aspects: demand is weak market overlay off-season, textile enterprises is harder, in the middle and lower reaches of the industrial chain of inventory backlog need time to digest, market speculation lock activity generally. The whole transaction is poorer, terminal customers without apparent willingness to procurement is just need to fill more libraries, strictly control the production and marketing, to avoid stress and ZhangKu risk funds.
To sum up: cotton supply loose, FangQi procurement cautious, weak orders after, with a high speed, yarn inventory boot load is low, production downtime phenomenon is widespread, cotton double weak pattern of supply and demand will continue to maintain, terminal needs to follow up, the downstream demand purchasing, clinch a deal the standoff slightly, short-term focus on the middle link of yarn inventory and ready for the downstream co.