Inventories of cotton yarns in China destocking at a fast rate!

28-09-2020

Due to strong demand in the past few weeks, China's inventory of high count pure cotton yarn and polyester-cotton blended yarn is falling sharply.Cotton textile companies in Jiangsu, Shandong and Anhui also expressed the same view.


C40S (or below) ring spinning and OE yarns have seen substantial growth in the end-user market, and most spinning mills have accelerated the destocking of these products.


A medium-sized cotton spinning mill in Jiangsu stated that there have been two main trends in mainstream yarn products since August: (1) Increase the output of carded 40S and combed cotton yarn to more than 40S, while reducing cotton yarn C32S below the count; (2) Increase Including strategies, the production capacity of T/C 65/35 45S, T/C 60/40 45S and other polyester-cotton blended yarns (including T/C 35/65 and other inverse proportion polyester-cotton yarns) is committed to expanding to the Middle East, "One Belt One Road", exports from South Korea and Japan.


However, given the U.S. ban on cotton imports from Xinjiang, China, the situation may not remain the same in the long run.


The only satisfactory development for Chinese cotton mills is that the spread of COVID-19 is under full control, which makes it possible for production to get back on track. 


As there is great need of cotton and polyster in circular knitting machines, some cotton yarn or polyster yarn will be equipped with lycra/spandex attachment for elastane function.


"Except for the US ban, most buyers and retailers have begun to place orders in the spring and summer of 2021. But the poor performance of C32S and above cotton yarn and polyester cotton yarn is still a problem," said another Shandong home textile factory who hold a big manufacturering clothes factory with circular knitting machines.

Get the latest price? We'll respond as soon as possible(within 12 hours)

Privacy policy