Exchange Rate Fluctuates, Import Cotton Yarn Price Rises More

2021/8/15 10:31:00 42

Exchange Rate Shock Import Cotton Yarn Price

As of August 12, the price of imported cotton yarn increased a lot. As of August 12, the price of imported cotton yarn was reported at 27160 yuan / ton for c32s on inner plate of imported yarn, 27110 yuan / ton for c32s over yarn and 23260 yuan / ton for Pakistan c20s,

Compared with the same week, they increased by 160, 160 and 260 yuan / ton respectively.

The profit situation of traders is better. According to one month operation period, the profit is 500-1500 yuan / ton.

In June, China imported 147000 tons of pure cotton yarn, a year-on-year increase of 4.3% and a month on month decrease of 7.2%; From January to June, the cumulative import volume was 1.064 million tons, an increase of 29.2% over the same period last year.

In June, the volume of imported yarn in Hong Kong decreased significantly on a month on month basis. Although the arrival volume is expected to increase in July, the sales are also fair, especially in the early period of the price rise of imported yarn, the transaction volume gradually decreases after the sharp rise, and the overall inventory decreases slightly.

At present, the inventory structure of imported yarn is still obvious, c32s and oec21s are still tight, and jc32s in India is gradually decreasing.

At present, the quotation of traders has been on the high side, and some of them are reluctant to sell.