Can Cotton Yarn Support the Great Price-Up of Seed Cotton？
Source: cncotton.com Date: 2006-11-16
At present, the domestic spot goods’ prices have basically been stabilized, some individual region can even begin to “shout for price-up”, but in fact, the actual marketing status is also very weak, why is it as same as such a situation?
The representatives from mills in Zhejiang Qianqing Textile market thought, the current cotton market is still difficult to rush out for a good way. The main reasons are that most of cotton textiles plants think that the conditions for market’s price-up have not been mature, so the development orientation for the future is not clear at all, therefore, they have still planned to compensate the warehouse storage as the main measure. On the other hand, at present, the domestic cotton yarn market status is still weak; the market in each place has basically shown a situation of “price-down and transactions in a puzzle”, the market status of high count and fine-carding yarns are especially like this. For instance, the Qianqing market 60S ordinary-carding (warp) has a main-stream price down to 24,000 yuan/ton, and some even lower prices have emerged now and then, but just like some people from some plants said that even if the price will be further down, the sales can still not be started effectively; the main reason is that the down-stream demand has not been supported by order forms, for this, some cotton textile plants have already chosen the way of switching to other production or stopping production.
From present situation, the current market sales of middle and low quality ordinary-carding yarn and open-end spinning yarn have occupied the dominant position, of which, the 32S knitting used yarn has a main-stream transaction price of 19,200-19,300 yuan/ton, but it can still not turn the entire weak pattern to be better, the atmosphere of cotton market will be active a little more, but it is difficult to break out this situation.
