Recently, the domestic textile market has shown a trend of “hot outside and cold inside”. The so-called “external hotness” means that everyone has confidence and expectations, and believes that the market will improve; “internal coldness” means that the current market transactions have not improved and prices still cannot rise. The entire yarn market is basically in such a state.
Due to cost needs, many textile companies have successively raised the quotations of pure cotton yarn slightly by 100-200 yuan/ton in the early stage, and individual yarn counts have increased by about 500 yuan/ton. However, after entering late December, the vast majority of companies that raised their quotations quietly adjusted their prices to the state before the increase. The downstream companies did not buy it, and those who increased their quotations could not get orders. Many companies believed that raising prices easily without demand was tantamount to moving away from the market. Shoot yourself in the foot.
At present, there is still demand for conventional yarn and low-count yarn in Shandong, Henan and other places, and companies can maintain capital or operate with a small profit. On December 23, the prices of high-end C32S and C40S from a factory in Zhengzhou, Henan were 22,780 yuan/ton and 23,450 yuan/ton respectively, an increase of about 200 yuan/ton compared with the previous week. During the actual transaction, the company will give 50-100 yuan according to the quantity. /ton, if the one-time purchase exceeds 100 tons, the profit margin will be larger. Recently, the market of combed yarn and high-count yarn has been sluggish, and there have been few orders. Among them, the price of JC40S in a factory in Binzhou, Shandong Province is 24,400 yuan/ton, which is the same as the previous week.
Affected by the rise in crude oil prices, the recent polyester staple fiber market has been “sesame blooming and rising.” As of December 23, the price of 1.4D*38mm polyester staple fiber in the Yellow River Basin was 7,100 yuan/ton, an increase of 100 yuan/ton compared with the previous week. Since mid-December, the market quotation of polyester staple fiber has increased by about 300 yuan/ton. At present, enterprises hold relatively low inventories of short fiber and sell it as they are processed. Affected by the conflict between Russia and Ukraine and the unstable political situation in the world, and the recent volatility in international crude oil prices, polyester staple fiber may continue to rise.
The prices of pure polyester yarn and polyester-cotton yarn are mainly “stable”. The price of pure polyester yarn T32S in Shijiazhuang, Hebei and other places is 11,400 yuan/ton, and the price of T45S is 12,000 yuan/ton. The prices are basically the same as the previous week. According to feedback from the person in charge of the company, companies have been under great pressure to destock recently, and most companies have finished product inventories of more than 30 days. The price of polyester-cotton yarn 32S (T/C 65/35) in various places in Hebei is 15,600 yuan/ton, which remains stable compared with the previous week.
Recently, viscose staple fiber has been mainly “stable”. According to feedback from enterprises in the Yellow River Basin, since this week, the actual transaction price of viscose staple fiber 1.5*38mm terminal has been around 12,900 yuan/ton, which is basically the same as the previous week. The prices of rayon yarn were mostly stable, with a few small increases but reduced transactions. As of December 23, the price of rayon yarn R30S was 16,500 yuan/ton, and the price of rayon yarn R40S was around 17,700 yuan/ton, which was the same as the previous week.
To sum up, as the Spring Festival approaches, the current participation rate of market entities is still low, and the wait-and-see attitude of all parties is still strong. Therefore, the yarn market is expected to remain weak in the near future.
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