Judging from the survey, since June, Zheng cotton has rebounded sharply. The spot quotation and fixed price of lint cotton in and outside Xinjiang have increased by 1,000-1,200 yuan/ton as a whole, resulting in lint 3128B grade and polyester staple fiber, viscose staple fiber and other raw material substitutes. The price difference is getting wider and wider.
On June 8-9, the “Double 28” Xinjiang machine-picked cotton quotation in Jiangsu, Shandong, Henan and other places was 17,500-17,700 yuan/ton (a decrease of 200-300 yuan/ton from previous days), while Jiangsu, Zhejiang, Shandong, etc. The quotations of local 1.4D*38mm polyester staple fiber and 1.5D*38mm viscose staple fiber are concentrated at 7250-7300 yuan/ton and 12800-12900 yuan/ton, among which the price difference between polyester staple fiber and cotton has exceeded 10000 yuan/ton. Hitting a new high since 2022/23, the price difference between cotton and viscose staple fiber has also exceeded 4,500 yuan/ton, making it difficult for staple fiber factories to accept.
As the price difference between cotton and substitutes polyester staple fiber and viscose staple fiber expands across the board, will cotton spinning companies significantly adjust their product structure to “reduce cotton and increase chemical fiber”? Judging from feedback from several cotton spinning enterprises in Shandong, Jiangsu and other places, it is expected that the output of T/C 65/35 32S and T/C 65/35 40S polyester-cotton yarn will gradually increase in the near future, and the market supply pressure will intensify, with production exceeding demand. will appear again.
A 70,000-spindle textile company in Texas judged that my country’s textile and apparel exports to major markets such as Japan, South Korea, the United States, and the European Union performed poorly from May to June 2023. Among them, polyester-cotton yarn (polyester-viscose yarn), polyester-cotton gray fabric (polyester-viscose gray fabric) ), blended fabrics, blended garments, etc. have declined relatively significantly to Japan and the EU, and it is difficult to bottom out and rebound in the short term. Therefore, it is necessary to adjust the product structure of yarns, gray fabrics and other products with caution. Entering June, the domestic demand market’s consumption of cotton yarn, blended yarn, and new fiber yarn has continued to decline. The prerequisite for switching production is relatively sufficient orders and profits.
</p
