Imports Of Domestic Yarn Are Still Falling Rapidly.

In January 13th, port traders showed that the volume of imported yarn was still dropping rapidly in recent years, but prices were in a dilemma. At present, the total amount of yarn outside the port is about 50 thousand tons, which has been reduced by 5 thousand tons before half a month, mainly in several ports such as Guangzhou, Shanghai, Qingdao, Zhangjiagang and Ningbo.

　　 Guangzhou The quantity of imported yarn is about 12 thousand tons, about 2 thousand tons less than that before half a month. The main source countries and regions are India, Indonesia, Pakistan, Taiwan and so on.

Shanghai Port Import yarn The quantity is about 11 thousand tons, about 1 thousand tons less than half a month ago. The main source countries are India, Pakistan and the United States.

The quantity of imported yarn in Qingdao port was about 10 thousand tons, about 1 thousand tons lower than that before half a month ago. The main source countries are India and Pakistan.

The quantity of imported yarn in Zhangjiagang is about 9 thousand tons, about 1 thousand tons less than half a month ago. The main source countries are India, Pakistan, Indonesia and Uzbekistan.

The quantity of imported yarn in Ningbo port was about 8 thousand tons, which changed little compared with half a month ago. The main source countries are India, Pakistan and other places.

The number of printed yarns has decreased recently. Ba yarn With a slight increase in supply, because of its low cost and quality, traders can move faster and faster. It is estimated that the arrival volume of the forward spring yarn will continue to decrease. Traders can see that as of 13 days, the price of imported combed ring spinning 21s is between 18400-19500 yuan / ton, and the price difference between domestic yarn and domestic yarn is over 1000 yuan / ton, which will continue to pressure domestic yarn.

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On the whole, the situation of cotton market decline in the international market will not be changed very quickly due to the situation of oversupply in the global cotton market. The domestic cotton price has experienced a sharp drop in 2014, and the price difference between the international market and the cotton market has been reduced. However, the price advantage of imported cotton is still in existence, and its pressure on domestic cotton prices will not be eliminated for the time being.

The oversupply of basic supply has led to the weakening of cotton prices. Judging from the supply and demand situation of cotton market, the supply and demand of global cotton in 2014/2015 will be in surplus for fifth consecutive years. Oversupply will lead to the continued weakening of cotton prices.

According to the latest data released by the USDA monthly supply and demand report, it is estimated that the total output of cotton in the 2014/2015 will reach 25 million 946 thousand tons, up 41 thousand tons from the previous month, and the total consumption of the world will be 24 million 437 thousand tons, down 79 thousand tons from the previous month, with a surplus of 1 million 510 thousand tons, the end of the stock will increase to 23 million 653 thousand tons, and the inventory consumption is expected to be 96.8%.

At home, due to the decline of planting area, domestic cotton will basically be in a state of supply and demand balance in the new year, but the huge inventory is a pressure factor that can not be ignored in the domestic cotton market. According to the monthly report of the US Department of agriculture, China's cotton inventory is expected to be 13 million 750 thousand tons in the new year, and more than half of the world's inventory is in China. In 2014/2015, China's inventory consumption ratio is as high as 172.8%.