June 4 cotton yarn price quotes

Cotton: The level and length of reserve cotton auctions decreased yesterday, but due to the increase in the number of imported cotton single-day auctions, it stimulated the increase in the number of participating textile companies. Eventually, the reserve cotton price rose 328 yuan/ton to 19,274 yuan/ton. With more and more reserve cotton flowing into the market, the supply side has become slack, resulting in an increase in the available space for the textile companies. The actual transaction price will increase, which may put the short-term domestic spot market under pressure.

Cotton Yarn: All cotton yarns are still weak, local prices are fine-tuned, carded yarns are consigned, sales volume of high-count yarns continues to weaken, air-spinning orders are sparse, and the pessimistic atmosphere of the market spreads. The price of Weifang Gaomi Ruike Textile Cotton yarn was stable. The combing 20S reported 29,000 yuan/ton, and the 32S reported 30,000 yuan/ton. The inquiry was more, but the transaction was relatively light. Shandong Guan County cotton factory combed cotton yarn shipments are acceptable, combing 32S reported 30,600 yuan / ton, 40S reported 31,600 yuan / ton, the actual transaction can be a small discount. Henan Anyang textile enterprises shipped a total of cotton yarn, semi-combed 32S Jiangsu and Zhejiang to the price of 27,000 yuan / ton, 40S price of 28,000 yuan / ton, combing 32S price of 30,000 yuan / ton. Jiangsu Cotton Spinning Co., Ltd. had a better shipment of coarse cotton yarns, with 6S and 7S reported at 18,000 yuan/ton, 8S at 18,200 yuan/ton, 10S at 18,500 yuan/ton, and 16S at 20,500 yuan/ton. Shandong Shouguang local low-grade high-grade yarn orders are sufficient, combing 16S reported 29,500 yuan / ton, 21S reported 30,000 yuan / ton, high with 10S Siro reported 26,000 yuan / ton, 16S reported 26,500 yuan / ton.