In recent days, cotton yarn import enterprises in Jiangsu, Zhejiang, Guangdong and other places have reported that the inquiries and transactions of bonded, “futures yarns” in Pakistan, Vietnam, India and other places continue to slow down, especially in the 8-16S siro spinning and OE yarn (OE16S, 21S, 26S stocks are low), C21-40S knitting yarn demand also showed signs of low recovery.

According to industry analysts, on the one hand, downstream enterprises such as weaving and clothing have “de-stocked” products (while reducing raw materials or even suspending purchases) for nearly one month, and the results have been more remarkable. The willingness to replenish cotton yarns has begun to rise; on the other hand, the recent Indian yarn, Pakistan The price of yarns and other external discs was lowered (US dollar price); and the import interest of the RMB exchange rate appreciation was superimposed, stimulating the slow recovery of domestic buyers.

In addition, from the review, with the G20 Osaka Summit convening soon, Sino-US trade consultations have a good signal (leaders meeting, trade negotiators restart talks), the United States is expected to postpone tariffs on imports of 300 billion US dollars, so textile and apparel companies produce, Orders and shipments bottomed out.

Since June 25, Jiangsu, Zhejiang, Guangdong main port June-July shipping OE10S, 16S and C21S, 32S Pakistan yarn CNF offer 2 US dollars / kg, 1.82 US dollars / kg, 2.62 US dollars / kg, 2.85 US dollars / kg; The brand yarns of C21S and 32S Indian brands are 0.03-0.05 USD/kg higher than Pakistani yarns. The JC21S and 32S Indian yarns CNF are quoted at 2.77 US dollars/kg and 2.97 US dollars/kg. It is different from the "Spring" of the carded yarn and the OE yarn. The high-count combed yarn, high-country compact spinning, and shipments from India, Vietnam, Indonesia and other places are still "chilly", cloth factories and middlemen. Cable, look at the goods, get the goods.

A trader in Qingdao said that the price gap between cotton yarn and yarn has narrowed in recent days (the price of the outer disk has declined and the yuan has been upgraded), and the imported yarn of 32S and below is more than domestic yarn (with cotton for reserve cotton and real estate cotton). The advantages in strength, dye uniformity and nep, hairiness and other indicators are increasingly valued by domestic buyers.

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