Views:0 Author:Site Editor Publish Time: 2020-01-09 Origin:Site
Entering Dec, cotton yarn market has weakened slightly, but the sales still move smoothly. The market performs better than expected. In the whole year, trading of cotton yarn has been good since Sept improvement, despite the lackluster in May-Aug. The market performance in Q4 is also better than the same period of last year.
Currently, open-end cotton yarn is sold well except for OEC20-21S. Among high-count cotton yarn, compact-spun combed 50-80S are sold smoothly, especially compact-spun combed 60S even sees supply shortage, while the sales of 100S or higher-count ones containing long staple cotton and high-count ply yarns keep slack. Conventional cotton yarn price declines about 200yuan/mt. However, the inventory of carded cotton yarn mills does not accumulate and the sales keep smooth; while combed cotton yarn experiences more decrease of 300-500yuan/mt. As mentioned above, the varieties with moderate sales are more than those with poor sales.
From the inventory comparison in recent three years, current inventory of cotton yarn mills is far lower than that in last year. It is inching up at slow speed and may not increase obviously by end-Dec.