The Cotton Textile Industry Is "Chill".

Since September, the state has announced

In the current weak market, cotton fundamentals are very poor.

Since the end of September, the spot price of cotton has continued to decline, and the consumption of textile industry has weakened again.

In November 16th, the price index of China's cotton 328 class index was 19212 yuan, which has dropped by 790 yuan, which is lower than the national purchasing and storage price of nearly 600 yuan.

The supply will reach 11 million 965 thousand tons at the end of the global cotton period, and increase by 28 thousand tons.

Domestic cotton production is expected to reach 7 million 480 thousand tons this year, an increase of 25%. The industry estimates that it could even increase output by 30%.

Supplied

Specific cotton quotes, seed cotton purchase prices continue to decline, the overall purchase price fell nearly 0.1 yuan / kg from the beginning of the month, seed cotton prices lower than cotton farmers' psychological expectations, cotton farmers reluctant to sell strong emotions, the sale is not positive.

At present, seed cotton southern Bachu 3 level report 8.8-9 yuan / kg (40 lint), Akesu 3 level mainstream price is 8.7-8.8 yuan / kg.

The price of lint in southern Xinjiang is 3 yuan, the mainstream price is 20000 yuan / ton (gross weight), and the 3 level of public inspection is 20300 yuan / ton.

Real estate grade four lint is now kept at 18000 to 18300, and the deal is not ideal.

Under the drag of cotton weakness, the yarn of downstream is also chill Ling Ran.

At present, yarn market is on the downward track, and production and marketing are not smooth.

It is reported that the recent cotton spinning mills have lowered the price of cotton yarn again by 300-400 yuan, and the 40S combs are currently available at 28200-28700 yuan / ton, and the 32S combs are 27000-27400 yuan / ton.

Now the yarn market is obviously reducing production, many manufacturers stop production on weekends or middle class, the overall operating rate is only 5-6.

Generally speaking, the current cotton market is not optimistic.

Shengze Market

Viscose staple as a substitute for cotton is also overburdened by the downturn in cotton market and is always on the downward track.

According to manufacturers, this year's market has basically taken shape, and there is no chance of further rebound. The market which was originally optimistic in the first half of the year has also become a bubble and the price is weak. At present, the price of viscose staple fiber 1.5D is about 17000 yuan / ton, which has dropped by nearly 3000 yuan compared with the end of September.

There are more than 2 months to close to the year. Manufacturers are now choosing to reduce production or sell at low prices according to the current order and stock situation.

The reduction of factory operating rate has reduced operating costs, balanced the market supply and demand, but has little effect on the weak market.

Facing the end of the demand for closing positions, the profits of downstream enterprises are also decreasing significantly, and the weakening of shipment makes the market not keen on the purchase of raw materials.

The whole market has already entered the cold winter period.

However, in the context of a sharp fall in cotton prices, there is not much impact on the export clothing quotas of downstream garment enterprises.

We know that cotton price dropped to 18000 yuan / ton at the lowest time this year from the 31000 yuan / ton of last year's peak, but in the 110th China Import and Export Fair (Canton Fair) held in Guangzhou, the clothing price quoted by Chinese export enterprises did not decrease accordingly.

This is mainly due to the dramatic changes in orders, rising labor costs, raw materials inventory slow digestion and other factors.

In fact, in the past 3 quarters, the export price increase has always been the core reason to support the rapid growth of China's textile and clothing exports. However, in many textile and garment enterprises, this can not hide the troubles faced by China's textile and garment industry.

Compared with the past few years, China's textile and garment industry has entered a relatively "silent" stage of adjustment and pformation.

In short, under the current weak situation of the upper and lower fundamentals, the whole cotton textile industry chain is chill and the market outlook is not optimistic.