【Cotton Information】
1. On March 10, the quotation of China's main port fell slightly. The International Cotton Price Index (SM) 135.29 cents / lb, down 0.48 cents / lb, discounted the general trade port pick-up price of 21038 yuan / ton (calculated according to 1% tariff, the exchange rate is calculated according to the median price of the Bank of China, the same below); the International Cotton Price Index (M) 133.33 cents / lb, down 0.51 cents / lb, discounted to the general trade port pick-up price of 20736 yuan / ton.
2, March 10, Zheng Mian followed other commodities slightly downward, CF2205 contract opened 21435 yuan / ton, quickly rushed up to 21605 yuan / ton, after reducing the position fell, the lowest 21175 yuan / ton, the end of the session fell 70 yuan / ton closed at 21370 yuan / ton. Recently, the center of gravity of Zheng cotton prices has shifted upwards, the spot price transaction is weak, the current basis is maintained at about 1300-1500 yuan / ton, the downstream peak season is not prosperous, production and marketing profits are not good, textile enterprises buy with use, and the procurement power is insufficient. Overall, the current cotton market is in a game between high cotton prices and weak demand, with a dilemma, short-term financial attributes dominate the disk, and prices may continue to maintain a volatile trend.
3, 10 days of domestic cotton spot market lint prices with the futures price slightly lower, most of the enterprises today's quotation compared with yesterday's slight decline of about 50 yuan / ton. Yesterday, the domestic futures market fell across the board, and the point price transaction was traded in batches. At present, the sales enthusiasm of cotton enterprises is high, but sales are relatively difficult, and the sales progress has been in a slow state. At present, the textile market has gradually entered the traditional "gold, silver and four", but it has not flourished. Textile downstream fatigue, lint procurement has been used as you buy, some textile companies in order to reduce the loss of the face of the switch to blending and increase the amount of polyester or the demand for cotton further reduced. Cotton prices fell today, and the overall market turnover was slightly better than yesterday. At present, xinjiang cotton indicators are better double 28/29 sales quotations are mostly in 22650-23500 yuan / ton, 3-4 double 28 / single 28 transaction price in 22400-22800 yuan / ton.
4, March 9, the reporter visited a number of large cotton enterprises in Xinjiang Wujiaqu and Hutubi, according to the person in charge of a local enterprise, the quality of lint cotton this year has improved significantly, more than 95% of the double 28, but due to the high price of lint cotton and the lack of downstream procurement power, the sales of lint cotton of enterprises are relatively slow, the sales ratio is less than 20%, and the sales of lint cotton in the same period of the previous year basically ended. At present, the main problems faced by enterprises are the inversion of acquisition costs and sales prices and the backlog of expenses such as storage interest. The person in charge of the enterprise said that although the current cottonseed price has risen (cottonseed price is about 3500 yuan / ton), but the stock of cottonseed in the enterprise is not much, the overall cost is not large, in the face of the pressure of capital withdrawal, the company changed the sales strategy, mostly based on one-price sales, and bargained according to the difference in quality indicators. At present, the downstream textile procurement performance is relatively cautious, only to choose a small amount of replenishment to maintain production.
5. According to the February global production and demand forecast released by the USDA, the US 2021/22 supply and demand data did not change month-on-month, and the global cotton ending stocks decreased by 1.7 million bales month-on-month, partly due to a decrease in global production of 300,000 bales, but more importantly due to the decline in global opening inventories, it was the USDA that adjusted its consumption in 2019/20 and 2020/21 based on official Indian data. Global cotton consumption in 2021/22 increased slightly by 111,000 bales sequentially, but consumption increased by 1 million bales in 2020/21, so global consumption growth rate for the current year was 2.1%, lower than 2.8% last month and significantly lower than 17.6% in the previous year. Global cotton production decreased sequentially as India's cotton production fell by 500,000 bales, completely offsetting an increase of 150,000 bales in Mexico.
【Yarn Information】
1. The viscose staple fiber market is calm, the overall trading atmosphere is light, and the transaction volume is limited. Downstream cotton mills began to accumulate warehouses this week, and the willingness to purchase is limited. Prices are weak and gloomy, and market sentiment is more pessimistic. Spot market, high-end goods 13100-14200 yuan / ton, mid-end goods 13000-14000 yuan / ton, the transaction can be negotiated, the implementation price range is near 12700-13000 yuan / ton.
2, polyester cotton yarn 90/10, 80/20 market stability, polyester cotton yarn market turnover is still small, polyester cotton yarn price trend consolidation state. The 40s/2 trading volume of polyester viscose yarn has risen, and the price trend of individual varieties is stable and downward. Pure polyester yarn compared with yesterday's quotation compared to the product down, the market volume is not large. The sales volume of the human cotton yarn market in the 10th is acceptable, and the price trend of human cotton yarn is being adjusted. It is expected that in the short term, the yarn market will also be dominated by the adjustment trend. In terms of specific circumstances, the price of human cotton yarn is weak, the trading atmosphere is light, the follow-up order is weak, the yarn mill begins to accumulate slightly, and the enthusiasm for raw material procurement is limited. Spot market, human cotton yarn 30s quotation 17800-18200 yuan / ton, negotiation space has an expansion trend.
3, Shandong market import ring textile prices maintained, traders India C21S woven can float tax-inclusive quotation near 27400 ~ 27700 yuan / ton, India C32S woven can float tax-inclusive quotation 28200 ~ 28500 yuan / ton nearby, the goods slightly improved. The price of imported ring textile in the Guangdong market is stable, and Vietnam's C21S knitting can float including tax quotations of 28000 ~ 28200 yuan / ton, and the goods are slow.
4, the overall price of imported yarn does not fluctuate much, but the transaction atmosphere is still weak, from the perspective of domestic downstream goods, the order risk still exists, and traders are still cautious. Price: India combed yarn prices are stable and weak, yarn mill JC32S knitting can float near 4.45-4.5 US dollars / kg, equivalent to 33500-33800 yuan / ton, the end of March april shipping schedule, spot letter of credit; Vietnam airflow spinning price is stable, the general quality of the yarn mill OEC21S woven floatable quotation 2.67 US dollars / kg, equivalent to RMB 19500 yuan / ton nearby, April shipping period is the mainstay, spot letter of credit.
5, yesterday, from the yarn transaction varieties, 32 conventional yarns are relatively good, airflow spinning is poor, and some companies have reduced the operating rate of airflow spinning. A 200,000-spindle enterprise said that the order for 32 bags was too much, but it strictly restricted the use of Xinjiang cotton, so it did not dare to take more. At present, the overall market is not as good as expected, but the daily shipment volume is also tens of tons, and the production and marketing are basically balanced. The main reason is that last year's market was too good, and there will be a large gap compared with last year, and it is believed that the market will improve in May. Downstream cloth factories still have to reduce prices to inventory for selling goods, and replenishment is still not active. In terms of price, the price of pu comb 32S high-grade ring spindle is about 29500-30000 yuan / ton; The price of combed 40S is about 33300 yuan / ton; The price of combed 60S is about 40200 yuan / ton.
【Grey cloth printing and dyeing information】
1, the recent market inquiries, although there are conventional orders confirmed, but by the end customer color division delayed in confirmation, order delay! The dyeing factory is not enough, the digital factory is relatively busy, the amount of semi-drifting is relatively increased, mainly concentrated on human cotton, chemical fiber, fuli crepe, thin bamboo knots, mainly for fast anti-orders! The inventory of the weaving mill began to surge, and there may be a price reduction in the follow-up to quickly return the funds!
2, the recent rise in the price of polyester raw materials, spinning mill prices increased by 300-500 yuan / ton, but the downstream orders are insufficient, the price of blank cloth can not rise, in a dilemma; the market general feedback, corduroy, dyed weaving orders are better, some orders are scheduled to May, differentiated varieties of inquiries have also increased, rapid response, keep up with the trend of transformation. （
3. Last week, The orders in the Nantong market were generally shipped, and the small batch orders were mainly. There are many customer inquiries and quotations, and the quotation competition is obvious. The price of the blank cloth in stock in the factory has been lowered, and the customer's fixed weaving varieties have also been compared in many places. Due to the high price of crude oil, the price of polyester cotton varieties is relatively firm. Foreign trade companies are slow to place orders, and the wait-and-see attitude of garment customers is obvious. Local printing and dyeing enterprises are in normal production, and the follow-up orders are not ideal.
【Fashion Clothing Information】
1. Recently, Puma, the third largest international sports brand and a German listed company, changed the "name" on Twitter, changing from the previous PUMA to "PUMA.eth". The "new name" itself is an NFT, and industry insiders believe that this is an upgrade of the Puma brand, meaning that Puma will continue to explore the NFT world. According to Tiger Sniff, at present, the world's major sports brands have embraced NFTs, Nike, Adi, Under Armour, ASICS, New Balance... Even the domestic ANTA and Li Ning, our common sports brands, have more or less begun the NFT layout.
2. Recently, Canadian sports lifestyle brand lululemon officially entered the footwear category, providing female guests with a complete wearing solution from clothing, accessories to shoes. From March 23, 2022, some offline stores and e-commerce channels in the Chinese mainland market will sell Blissfeel women's running shoes. Three other footwear products, namely Chargefeel women's sneakers, Strongfeel women's training shoes, and Restfeel slippers, will meet customers in the coming months.
Source: China Cotton Information Network, Dayao Textile, China Cotton Network, Network, etc.
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