According to the feedback of cotton yarn traders in Jiangsu, Zhejiang, Guangdong and Shandong markets, the inquiry and shipping atmosphere of imported yarn have continued to warm since the end of December, not only the C20S-C40S Sirospinning/tight spinning, Pakistan 8S-16S Sirospinning transaction has improved, but also the sales of imported OE yarn and imported knitting yarn have gradually started. Most trading enterprises try to speed up the pace of cotton yarn inventory, actively hang orders, quotes, 2023 cotton, cotton textile market "carry-over" market continues.
A supply chain company in Shaoxing said that over the past week, the speed of destocking of imported yarn in ports and inland bonded areas has accelerated, and the performance of Pakistani yarn and Uzbekistan yarn is relatively better. Several large and medium-sized textile import and export companies in coastal areas have investigated and predicted that by the end of December, the yarn inventory in the textile market and traders in Guangdong, Jiangsu, Zhejiang and other places has fallen to about 1.2 million tons, down more than 100,000 tons from early December.
From the quotation of import enterprises and middlemen, the overall quotation of Vietnam yarn, Pakistan yarn and Uzbek yarn has risen slightly in recent days, and the Vietnamese yarn mill C21S-C40S tight spinning performance is strong. As the market volume continues to improve, foreign mills, traders confidence, optimism spread, yarn prices are expected to still have space to float in the short term, but the Indian yarn regardless of FOB/CNF quotation or customs clearance RMB quotation is uneven, partial confusion, the need for weaving mills, middlemen and other goods than many.
Since late December, Indian cotton prices have continued to be weak, and during the New Year's Day, S-6 spot has fallen continuously, and some cotton mills have not adjusted enough. At the same time, cotton yarn traders in India yarn inventory cost difference is relatively large, carry the loss of business as normal, some losses prominent textile companies in domestic yarn, imported yarn prices rose led by the "jump", other traders are still on the sidelines, and did not follow up. Industry analysis, bonded, customs clearance, spot cotton yarn inventory is expected to continue until late January, more and more cotton yarn traders will usher in a short unset, bag for security opportunities.
The busy weaving factory receives orders, the holiday is delayed, and it is difficult to retain workers at the end of the year
In the short period of one month from the Spring Festival, the textile market has entered the end of the year, when the holiday has become a hot topic in the industry! Whether it is weaving manufacturers or traders in Shengze area, although the holiday notice is not clearly announced, the holiday time plan has basically been put on the agenda.
It is understood that most weaving companies plan to have a holiday at the end of January or early February, although there is no clear notice, but all have revealed their willingness to have a holiday. As early as September and October, due to the traditional peak season is not prosperous, market participants predicted that this year's weaving factory will be long in advance of the holiday. When it really comes to the end of the year, few people mention the early holiday, because today's market is busy, the factory has a single to pick up, it is impossible to have an early holiday. Although the market has entered the final stage, the new order of traders is not smooth, but the grey cloth market is still in circulation, foreign trade enterprises normally receive orders, spot enterprises are still stocking up, it can be said that the market is very busy.
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Shipment atmosphere continues to warm up weaving factory busy order holiday delay
