According to feedback from several cotton spinning enterprises above designated size in Jiangsu, Shandong and other places, since late October, in contrast to the continued slowdown in inquiries and shipments of OE yarn, C32S and below low-count ring spinning, high-count 40S and above The transaction volume of carded/combed yarn is still unsatisfactory. Traders in the light textile market in Jiangsu, Zhejiang, Guangdong and other places are also mainly restocking 40S-60S medium and high-count cotton yarns. Low-count yarns are mainly destocking and accelerating loan recovery.
A cotton spinning mill in Xuzhou said that on the one hand, as power cuts have been relaxed or even disappeared in Jiangsu, Zhejiang, Henan, Guangdong and other places, the operating rate of weaving mills has shown a relatively obvious recovery. , order taking/arrangement and delivery tend to be normal; on the other hand, the domestic supply of medium and high-grade cotton has continued to be tight since October (the quotation of Xinjiang cotton in 2021/22 has significantly exceeded the procurement expectations and digestion capacity of the yarn mills. Some textile companies passed Purchasing high-index real estate cotton, port cotton, and reserve real estate cotton to transition), the production capacity of carded/combed yarn with counts of 50S and above has been affected to a certain extent, and most spinners are showing “a shortage of high-count yarns and an accumulation of low-count yarns.” The phenomenon.
Judging from the survey, most textile companies believe that with the release of the second batch of 600,000 tons of central reserve cotton in 2021, it will not only effectively alleviate the cotton-using companies’ concerns about high indicators, The consumer demand for high-spinnability lint cotton, and the cost of high-count carded/combed cotton yarn is expected to decrease, and the export competitiveness of cotton yarn, gray fabrics, and clothing has been improved; in addition, since mid-to-late October, due to the increase in the number of goods sold by Pakistan, India, Vietnam, etc. The quotations of imported cotton yarns continue to rise significantly, and the price difference between domestic and foreign cotton yarns of the same count has narrowed significantly. The competitiveness of imported yarns has continued to decline, and transactions have become deserted. Some cotton yarn traders are even “empty”. Therefore, it is generally analyzed in the industry that with the cancellation of power restrictions, , the arrival of orders in the first quarter of 2022 and the release of the second batch of reserve cotton will help stabilize cotton prices, ensure supply, and curb speculation. The pressure of rising costs of cotton and yarn in China will continue to be passed on to consumers such as clothing and foreign trade exports, until the entire industry The chain gradually straightened out. </p
