According to China Customs statistics, the national yarn export value from January to August 2016 was US$7.56 billion, a decrease of 0.4%, and the decline narrowed. The average export unit price was US$2.44/kg, down 14.2% year-on-year. The import value was US$4.81 billion, a year-on-year decrease of 22.7%; the average import unit price was US$2.85/kg, a year-on-year decrease of 5.7%.
1. The export volume of cotton yarn, silk thread, wool animal hair yarn and chemical fiber yarn all increased in August.
Exports of cotton yarn and silk thread increased by 10% and 7.4%. Chemical fiber yarn was basically the same as the same period last year, with a slight decrease. Exports were US$680 million, an increase of 15%. The export value of wool animal hair yarn increased, reaching 70 million US dollars, a year-on-year increase of 2.6%.
2. From January to August 2016, exports to ASEAN, the EU and Latin America increased, while exports to Japan and North America decreased.
From January to July 2016, exports to ASEAN increased by 3.6%. Cambodia has the largest increase, with an increase of 15%.
From January to July, China’s yarn exports to Hong Kong were US$830 million, a decrease of 20.9%. China’s yarn exports to Japan were US$220 million, a decrease of 5.4%.
Exports to the EU continued the three-month upward trend, with exports reaching US$670 million, an increase of 5.2%. Exports to Türkiye increased, reaching 16.3%. Exports to Latin America increased by 15.2%. Exports to North America declined, by 7.3%.
3. Among the major exporting provinces and cities, Zhejiang ranks first, and Sichuan has the largest export growth.
Coastal provinces are the main force in yarn exports. Among the top ten export provinces and cities from January to August, Sichuan grew the most, with an increase of 16.7%. Exports from 10 provinces and cities exceeded US$100 million.
4. The export unit price of wool animal hair yarn has increased, while the export unit price of silk thread, cotton yarn and chemical fiber yarn has declined.
From January to August 2016, the export unit prices of chemical fiber yarns and wool animal hair yarns increased by 2.7% and 4.5% respectively; silk yarns and cotton yarns decreased by 9.5% and 10.5% respectively.
5. Related links
According to cotton yarn traders in Qingdao, Ningbo, Guangzhou and other places, inquiries and purchases of OE yarns and C10S-C21S outer yarns from domestic weaving factories and middlemen have significantly slowed down in September. Some merchants have C21S and The shipment volume of the following cotton yarns has dropped from 5-8 containers to 2-3 containers (except Pakistan 10S and 16S siro spinning), mainly affected by seasonal orders and the impact of domestic cotton yarns; while air-jet and rapier Not only the demand and trading volume for C32S, C40S India-Pakistan, and Vietnam yarns continue to grow, but the quotation of yarns has also been raised by about 500 yuan/ton. Buyers and sellers are in a stalemate, but traders are generally confident and are waiting for cloth mills and middlemen. Active ordering, on the one hand, since early and mid-September, the FOB, CNF, and CIF quotations of C21-C40S, JC21, JC32S yarns from yarn mills in India, Pakistan, Vietnam, etc. have bottomed out and have generally increased by 0.10-0.15 US dollars/kg (some high-end yarns have reported increases) 0.20 US dollars/kg), while bonded cotton yarn only reported an increase of 300-500 yuan/ton, which is easy for buyers to accept; on the other hand, since mid-September, the average transaction price of Zhengzhou cotton, reserve cotton, and the spot price of cotton in 2016/17 have all increased sharply. rising, the cost of cotton spinning mills continues to rise; the rotation of reserve cotton ended at the end of September, but the difference between the average selling price and the spot price of new cotton is nearly 2,000 yuan/ton, so it is expected that the price of domestic cotton yarn may rise significantly, and the imported cotton yarn will naturally “rise all boats”; again As of the end of September, the quantity of bonded India-Pakistan cotton yarn at the port was not large and the inventory was low. The main reason was that the domestic cotton price in India soared by 50%-60% in July and August, and the FOB and CNF quotations for the far-month shipping schedules subsequently increased. “Flying into the sky”, the spot quotations of traders in ports such as Qingdao and Guangzhou are 0.15-0.20 US dollars/kg lower than the quotations of Indian and Pakistani yarn mills, and the enthusiasm of cloth mills and middlemen for foreign yarn inquiries and orders has dropped below the “ice level”.
Recently, some traders have reported that the cotton yarn from India and Pakistan ordered by a small number of traders for September/October delivery arrives at the port. The contract prices of C21SA and C32SA are generally US$2.45-2.50/kg and US$2.58-2.65/kg. , the customs clearance cost for C32 jet is about 20,500-20,800 yuan/ton, which will play a certain role in decompressing traders who ordered imported cotton yarn at high prices in July and August. An import company in Henan stated that it has only ordered 300 tons of Indian yarn for September/October shipping. On the one hand, the price of C32S yarn from India and Pakistan fell to 2.55-2.60 US dollars/kg, which triggered a large number of purchase orders. Not only China , Bangladesh, East Asia and Southeast Asian countries are rushing to order, and low-priced Indian yarns are “more than enough”; on the other hand, due to the great uncertainty in the grade and quality of Indian and Uzbekistan cotton in 2016/17, the quality of cotton yarn mills and exporters Sellers cannot guarantee it, so Yuanyue “futures” yarn cannot be placed until after mid-November.
