India'S Cotton Yarn Is Relatively Eye-Catching

According to the feedback from cotton yarn traders in Guangdong, Jiangsu, Zhejiang and other places, since mid August, domestic weaving factories and middlemen have continued to warm up their inquiry and pick-up of foreign yarn for Port Bonded and customs clearance. The attention of c21s-c40s medium and high-end package bleaching Indian yarn, Pakistan yarn, Vietnam yarn and Uzbekistan yarn has increased significantly. India, Vietnam origin 50s and above high count carding, combed yarn transaction did not improve, continue the "price less market" state.

 

An import and export company in Ningbo said that although ice and zhengmian have risen sharply together since last week (ice's main contract broke 95 cents / pound on August 17, an intraday high of 96.71 cents / pound, a new high since 2013), the US dollar quotation of both internal and external discs has stabilized, and a few foreign mills and traders have increased slightly. Domestic cotton yarn continued to rise under the impetus of the sharp rise in cotton futures and spot and the expectation of "gold, silver and ten" peak season in the cotton textile industry (in the past week, the ex factory price of cotton mills has generally increased by 300-500 yuan / ton), the price difference between internal and external cotton yarn has widened again, and some buyers have adjusted their purchasing direction.

 

According to the survey, although the cotton yarn from Vietnam, Indonesia, Thailand and other places deteriorated in July due to the deterioration of the epidemic situation, the cotton yarn exports from India, Pakistan and Central Asia to China continued to recover, especially the arrival and storage of OE yarn, c32s and jc32s from India were relatively eye-catching.

 

A cotton yarn trader in Foshan judged that the arrival volume of China's imported cotton yarn in July continued the double growth trend of month on month and year-on-year in June. The actual import volume of Indian cotton yarn is likely to exceed that of Vietnam, and the gap between India and Pakistan is further widened. Compared with Pakistan yarn and Central Asia yarn, Indian cotton yarn has a better performance price ratio. In addition, Vietnam's yarn mills are greatly impacted by "delta" and other mutant strains, which affects production, delivery and delivery. Some weaving mills and middlemen prefer Indian cotton yarn.