Textile Enterprises: Market Demand Is Still Weak, Yarn Is Mainly Weak

Recently, the market of Jiangsu and Zhejiang is still cold. Due to small orders, slow sales and high inventory, yarn prices remain weak. At the same time, do not rule out some manufacturers sell at low prices.

As of July 23, the mainstream prices of 21s, 32S and 40s of pure cotton yarn in Zhejiang were 17500 yuan / ton, 18500 yuan / ton and 19600 yuan / ton, which had little change compared with the previous few days. However, due to the rising inventory of enterprises, some manufacturers have been de stocking at low prices. Specific performance: one is to promise the enterprise to bear the cost of short distance transportation. If the one-time purchase of more than 100 tons can continue to discount 50-100 yuan / ton on the basis of the original price; the second is to give priority to the sale of conventional yarn and low count and low distribution yarn. Many enterprises do not have comparative advantages in view of the fierce competition in the market of conventional yarn and low count and low distribution yarn, so many enterprises "shed tears" at low price stock.

According to the analysis, there are two reasons for the recent downturn of pure cotton yarn price: first, the weaving industry has fallen into a situation of large inventory and great loss recently. Many grey fabric manufacturers have sold their products and closed down, and their enthusiasm for taking raw materials has decreased significantly. Secondly, the overseas epidemic situation has not improved significantly, and overseas orders continue to be lost, especially the Sino US trade war is expanding to economic and political fields, and the market is more and more important to China and the United States The outlook for trade is pessimistic.

At the same time, pure polyester yarn and cotton yarn market is also in a weak state. As of the 23rd, the price of polyester staple t32s and rayon yarn r30s in Jiangsu and Zhejiang provinces were around 9500 yuan / ton and 11900 yuan / ton, respectively.