Recently, many textile mills in the Yellow River basin reported that the recent yarn inventory has increased significantly. Affected by the small, small and scattered orders, the enterprise is not only buying raw materials when they are used, but also stepping up de stocking to reduce the operating rate of machines. The market is deserted.
The price of pure cotton yarn is weakening
On November 11, a person in charge of a yarn factory in Shandong said that the overall market of pure cotton yarn was stable and falling, and the enterprise had large inventory and capital pressure. On the same day, the price of the rotor spinning 12S produced by the factory was 15900 yuan/ton (delivery, tax included), a slight drop of 100 yuan/ton compared with last Friday; In addition, the factory mainly produces ring spinning conventional yarn, of which ring spinning ordinary combs C32S and C40S are priced at 23400 yuan/ton and 24300 yuan/ton respectively, down about 200 yuan/ton compared with last Friday.
In fact, most manufacturers have lowered their operating rates. For example, the person in charge of a factory in Zhengzhou, Henan, said that the operating rate of their factory is only 50%, and many small factories have stopped production. Although this has something to do with the current epidemic, the root cause is that the downstream market is sluggish, and the textile mills are increasingly sporadic and picky.
Polyester yarn inventory rise
For polyester yarn, the recent characteristics are low sales, low price, high production pressure and low moisture. A person in charge of a yarn factory in Shijiazhuang, Hebei, said that at present, the overall quotation of pure polyester yarn is stable, but the downstream of the actual transaction will require about 100 yuan/ton of margin. At present, the price of pure polyester yarn T32S is 11900 yuan/ton, which has little change compared with last Friday. The quotation of pure polyester yarn T45S was around 12600 yuan/ton. The enterprise also reported that it could not get the order, and the actual transaction was mainly for profit.
In particular, many manufacturers said that, on the one hand, enterprises are lowering the operating rate and reducing expenses; On the other hand, the inventory of finished products is increasing day by day, and the pressure of destocking is increasing. For example, the inventory of finished products of a small 30000 ingot factory in Binzhou, Shandong Province, was up to 17 days. If the goods are not shipped in the near future, the workers’ wages will be in arrears.
On the 11th, the market of polyester cotton yarn in the Yellow River basin was generally stable. On that day, the price of 32S polyester cotton yarn (T/C 65/35) was 16200 yuan/ton. The enterprise also said that it was difficult to sell yarn and operate.
Human cotton yarn is generally cold and clean
Recently, the sales of Renmian yarn are not prosperous, and the enterprise sells with production, so the business situation is not good. The prices of R30S and R40S of a factory in Gaoyang, Hebei Province were 17100 yuan/ton and 18400 yuan/ton respectively, which had little change compared with last Friday. Many manufacturers said that because the downstream market for rayon grey cloth was generally weak, weaving mills insisted on buying raw materials when they were used, which dragged down the market for rayon yarn.
According to the market analysis, the yarn market is generally weak in the near future. It is expected that this situation will continue for a long time, mainly due to the following reasons:
1. The poor market of upstream raw materials directly affects the downstream market. Take cotton as an example. At present, the seed cotton picking in Xinjiang and the mainland has been completed, and the ginning plant is operating at full power to purchase and process. However, the price of seed cotton is generally low this year, and the difference between the cost of processed lint and the sales price of old cotton is large.
2. Order is still a big problem for enterprises. Most textile mills said that orders for the whole year were poor, with most small and short orders, and they could hardly get medium and long orders. In this state, textile mills dare not let go.
3. “Nine gold and ten silver” has gone, and the market has returned to normal. In particular, the bad global economic environment, together with the ban on imports of Xinjiang cotton from the United States, Europe, Japan and South Korea, have had a direct or indirect impact on our textile and clothing exports.
Post time: Nov-21-2022