Zheng Cotton Futures Showed A Gradual Downward Trend.
Since May 8th, Zheng cotton futures market has shown a gradual downward trend, especially in July, cotton prices showed a relatively low trend, in early July.
equity market
The plunge continued to plunge, cotton futures prices have been lower than spot prices, and the difference in cotton prices between inside and outside has shrunk considerably.
The main reason is that in July, the implementation of the national cotton store went out.
New cotton
Social inventory is high, and textile enterprises enter the traditional off-season consumption is very low.
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supply
In the relatively loose stage, textile enterprises will not take a large number of procurement strategies.
Therefore, in the period of continuous supply of state-owned cotton and textile enterprises, the trend of price maintenance remains weak.
It is understood that the monthly cotton consumption of textile enterprises dropped to nearly 480 thousand tons from the peak of nearly 700 thousand tons.
By the end of June, China Cotton Association's statistical social inventory data is 1 million 550 thousand tons, if the peak period of consumption, may end August at the beginning of September, social inventory is depleted, but if the trough period of consumption will have nearly 600 thousand tons of surplus.
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Recently, the traditional market of China Textile City is still in the pale market stage.
Light Textile City Hometextile marketing is stagnant, curtain fabrics, window screens and home decoration fabric hanging samples are still relatively large, and the spot listing volume has increased locally.
Recently, curtain fabrics are thick and new type of yarn dyed bright jacquard varieties, glossy jacquard printing varieties, cationic jacquard or jacquard printing varieties are dispersed with various movable pins. The overall market curtain fabric needs merchants and foreign merchants to enter the market, and spot trading varieties are still dominated by jacquard and printed varieties.
Some new styles of curtain cloth are listed on the local market, and some of them have been listed for a long time. Some new styles of jacquard curtains and printing drapes have been listed locally. The turnover has increased by a small margin. Some of the former shops and factories of scale factories and large scale business outlets have traded volume of creative flower curtains, but some of the small and medium sized households have not seen enough pactions, and the overall market turnover shows a shock pattern.
Recently, the overall market turnover of many new styles, creative flower pattern curtain cloth presents growth trend.
The overall market domestic demand of the new and old varieties of curtain gauze has been partially smooth. The new fancy varieties, small batch and multi varieties have increased slightly, and the turnover of polyester filament and nylon polyester composite yarn has increased.
Jindi 30D x 30D snow yarn, Jindi 30D x 20D/35 shuttle double yarn, Jin polyester 30D x 25D/35 shuttle glass yarn, all polyester 30D x 30D/35 shuttle trinon, Jindi 30D x 20D/37 shuttlen yarn, Jindi 32 shuttle three, and so on, and many kinds of dyeing and bleaching varieties have been partially smooth. Some scale operation shops use jacquard, printed and embroidered window screens. The turnover is relatively active.
The single yarn yarn window curtain is still running smoothly, but woven window screens, knitted warp knitted curtain gauze and floral type window screening are not enough for spot customers to subscribe to the market. Different kinds of window screens are partially inadequately sold, and sales volume has been partially shrunk in recent days.
With the polyester filament as the main raw material, the number of the sofa fabric hanging samples increased, the spot listing increased locally, and the turnover volume increased slightly.
The home textile accessories knitted warp knitted silk velvet spot listing is insufficient, and the daily marketing is more obvious. However, some scale business outlets have been in the middle and small quantities spot trading and order delivery, and the turnover is light.
The overall curtain fabric, window screening and home furnishing fabric are getting worse and worse. The turnover of popular fabric is relatively mild, and the turnover is relatively slow. The sales volume shows a shock pattern every day.
Due to the lack of market entry for the merchants, the curtain fabrics, window screens and other home furnishing fabrics with polyester filament as the main raw material in the home textile market of the Textile City show a lack of turnover. However, the local turnover is stagnant.
Recently, curtain fabrics are thick or thin with many kinds of glossy jacquard and dyed fabrics, glossy jacquard printing varieties, cationic jacquard or jacquard printing varieties. Small batch, variety, color and flower dispersing dynamic selling are the main products in the spot. Some small and medium-sized businesses are mostly discontinuous pactions, but some of them are mainly sold by credit volume.
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