Kim Gu Is Still In The Pressure Of Yarn Market Or Easy To Fall Or Rise.

Entering the September, the domestic textile market is still light. Through telephone interviews with some textile enterprises, the parties are generally pessimistic about this year's "Kim Gu" market, and the Sino US trade disputes continue to ferment.

It is understood that the recent textile enterprises orders are still not ideal, yarn prices have stabilized or fall, part of the high price of high yarn prices stable and dark. Some manufacturers in Shandong and Hebei indicated that the number of orders in the near future was small and the price was low. To get rid of inventory, textile mills have to continue to cut prices and buy orders. As of August 29th, the mainstream prices of combs 32S and 40S were 21000 yuan / ton, 22100 yuan / ton respectively, compared with the previous week price reduction of 300-500 yuan / ton.

In addition, the increase in printing and dyeing costs has also increased the cost of textile and grey fabric enterprises. The cost of printing and dyeing, which occupies the largest cost of textile fabrics, has always been a headache for textile workers. This year, since April, dyeing fees have been adjusted for a long time, which has kept the boss relaxed. Recently, a dyeing and finishing enterprise in Hangzhou, Zhejiang issued a letter on the price adjustment of dyes, which said it would adjust the dyeing and finishing fees formally in August 26th. With the intensification of queuing in some printing and dyeing factories, the sudden rise in prices of printing and dyeing factories will play a leading role in the later stage, which also reduces the small profit of the fabric market to a certain extent.

It is the excess capacity of grey fabric or the direct influence of upstream yarn. It is understood that the textile market was particularly hot in the past 2016-2018 years, and the appearance of goods such as gray fabric queuing appeared frequently, which promoted the enthusiasm of weaving manufacturers. However, in 2019, too high textile production capacity was overloaded, and the same problem also appeared on clothing manufacturers. Too much clothing inventory dragged down the capital chain, and the brand closing events were common this year. A business owner reflects that the 7-8 month is mainly based on development proofing. Now it has entered the second half of August, and the traditional off-season is coming to an end. This year, the overall demand is decreasing, and there are too many brand clothing stocks.

According to the above situation, although the time is about to enter the "Kim Gu" month, but the whole market bad atmosphere is haunting, the market pressure is stacked up, the Sino US trade frictions become more and more difficult to be wield, it is expected that the yarn market will continue to fall easily in the short run, and the textile enterprises should plan ahead and reduce losses.