The price of some cotton yarns has been inconsistent

In the recent period of time, cotton prices have continued to rise, and many downstream companies are still complaining that the prices of raw materials such as cotton are rising too fast and their processing costs are rising too fast. In order to cope with the increase in prices of upstream raw materials, the downstream textile industry has also emerged. The move to substantially increase their own prices, whether it is pure cotton yarn or mixed cotton yarn, as long as the fabric with cotton ingredients have an action. Cotton spot prices: The price of cotton 129 is about 24000-25500 yuan/ton, the price of cotton 229 is about 24800-25000 yuan/ton, the price of cotton 328 is 24100-24400 yuan/ton, cotton 428 grade The prices are around 23,400-24,100 yuan/ton, and the cotton 527 grade is around 22,400-22,700 yuan/ton. The above prices are much higher than those in late September and the price rises up to several thousand yuan/ton in one month. Above, the increase rate reached about 10-15%.

The price of downstream companies also showed signs of substantial increase. The yarn market in East China and South China was very good. The price of sales was also a constant increase. The pure cotton yarn was a price per day, and the price of pure cotton yarn was at the beginning of September. In comparison, the quotation has risen as much as 5,000 yuan or more, which is really a staggering figure. Only the soaring prices caused the sales pressure to still exist, and the fabric companies have already resisted the mentality. There is also a significant increase in the price of polyester cotton yarn. The underlying reason for the increase is still the chain reaction triggered by the surge in the cotton and polyester staple fiber markets. The market share of pure polyester yarns and polyester/cotton yarns is not large, and the inventory of companies is not high. Some downstream companies are also planning to increase prices during the second half of October, and the market will remain strong after seeing pure polyester yarn. In addition, there are still some blended yarns market driven by the market conditions of most products. The prices have been rising, and the market transactions have become more general. Foreign cotton yarn market: During the first half of October, India held a meeting to decide to reduce the price of all yarns, because the Indian textile ministry convened all stakeholders of the Ministry of Textiles to participate in the joint conference on October 8, 2010, from cotton to clothing, Cotton manufacturers, yarn manufacturers, fabric manufacturers, handlooms, power loom, finished products, and manufacturers of woven and knitted garments discuss current cotton and yarn prices. This is the first time that the textile industry has participated in a joint meeting and reached an understanding of the price issue.

The Minister of Textiles clearly stated that once the number of cotton export contract registrations reaches 5.5 million bales, the export registration will cease immediately and no further cotton will be exported. The textile minister called on all industries to do their job. Ma Lang, the textile minister, explained that the central government will take measures to protect the textile industry. He asked all industries to reach an understanding for the common interests of various textile industries. Finally, the Minister of Textiles reminded the cotton traders that they should try their best to reduce cotton prices. After discussion, the meeting decided to reduce the price of all yarns, the price of 40s combed knitting yarn will be reduced to 195 rupees per kilogram, the price reduction ratio will also be applied to other yarn yarn, the meeting also decided that the same The yarn price will remain for 3 months even if the price of cotton falls from the current price level. It is worth noting that according to the statistics of the National Bureau of Statistics, the yarn production in Sichuan in August was 47,900 tons, a decrease of 16.11% compared with the previous month.