Export Price Of Cotton Cloth Declined, Yarn Price Slowly Lowered.

According to the price monitoring of business associations, as of September 11, 2019, the average price of 32S cotton knitted pure cotton yarn in Shandong area was 21920 yuan / ton, down 12.58% from last year.

Cotton was not performing well in the upper reaches, and cotton yarn was in a weak downward trend in recent years. According to relevant statistics, in 2019, 1-7 months, China accumulatively exported 252 thousand and 400 tons, down 5.12% compared with the same period last year. In 2018/19, the total export volume was 357 thousand tons, down 8.32% compared to the same period last year. According to the statistics of the US Department of Commerce, in the first half of 2019 (1-6 months), China's exports of cotton clothing to the United States decreased by 3.7% compared with the same period last year, and the average unit price dropped by 2.3%. But the US imports of Chinese clothing increased by 3.1% compared to the same period last year, of which the growth of chemical fiber clothing increased by 6%.

Judging from the current table and the base table, cotton yarn futures are up and down, but the spot is basically the same as going downstairs and staircases, rarely seen the situation of price rise. The fluctuation of cotton yarn price is more related to the downstream demand.

Cotton prices rose slightly, yarn prices remained stable, cotton fell, cotton yarn also fell. Orders and raw materials are also the dominant factors of yarn price. From this we can see that cotton yarn futures are not very mature, and it is difficult to produce chemical reactions. The specifications and quality of cotton yarns may lead to hedging. Cotton yarn futures trend basically look at Zheng cotton, cotton yarn spot exports weakened, lower prices lower. Cotton is getting warmer in the near future, and cotton yarn is expected to be shipped.