Import Yarn: The Recent Market Or Stable Slightly Down

Recently, import yarn market overall stable, partial slightly down. According to the feedback from traders in Qingdao, Shandong, the price of Indian yarn in the local market continues to drop by 200-300 yuan / ton, but the transaction is still not ideal.
According to the market analysis, the recent market situation may be stable with a drop. The reasons are as follows:
　　 First, the domestic market yarn overall weak, domestic yarn transaction is still not ideal. In order to remove inventory, some manufacturers sell at low prices, dragging down the market of imported yarn. For example, as of the 16th, the price of domestic yarn in Shandong, Henan and other places was around 24200 yuan / ton, and the price of combed jc40s was around 28100 yuan / ton. Compared with the beginning of this month, the price of domestic yarn continued to drop by a large margin, especially the inventory of follow-up finished products was large, and the manufacturers' psychology of low price promotion was strong.
　　 Second, the recent low count imported yarn quotation confusion, high count yarn delivery difficult, there is a strong pessimistic atmosphere in the market. According to market feedback, at present, in Jiangsu, Zhejiang and Shandong markets, Vietnam's rotor spinning 21s has good quality, and the price is around 15800 yuan / ton, but the actual order negotiation is slow; the price of Indian yarn c21s is 21700-21900 yuan / / T, and the delivery situation is poor.
　　 Third, the external quotation is stable. The external offer of Basa siro spinning is stable; the second-line head brand siro spinning c12s of the mill is quoted at US $495 / piece, equivalent to RMB 20600 / T, with shipping time in May and 90 days L / C. The outer disc of printing yarn is stable on the whole. The cotton mill's c16s woven fabric can be floated to US $2.8-2.85/kg accessories, equivalent to RMB 21900-22300 yuan / T, with shipping date in May and 90 days L / C; oec10s, a better brand of cotton mill, offers us $2.00/kg accessories, equivalent to RMB 15800 yuan / T, shipping time in May and 90 days L / C. The price of Vietnam yarn is stable. The medium and low quality oec21s of the mill is close to US $1.99/kg, equivalent to RMB 15200 yuan / ton. The shipping date is in May and the L / C is available at sight.
　　 To sum up, the market is expected to import yarn market or continue to fall in the near future.