Jiangsu Cotton Yarn Sales To Speed Up Xinghua Yarn Price Rise

Recently, the textile market of Jiangsu province has slightly improved, of which the sales speed of Dafeng's cotton yarn has been accelerated, and the yarn price of Xinghua has steadily increased.

It is understood that due to seasonal changes, the demand for clothing increased in autumn and winter and other reasons, Xinghua's cotton yarn sales are still dominant in color spinning, and the prospects are optimistic; the sales of native yarn have improved markedly, mainly to South of Jiangsu and Zhejiang.

Due to the acceleration of sales, textile stocks have been reduced. Among them, the stock of several textile enterprises has been reduced by about 20%.

However, the problem of cash flow in spinning enterprises is still difficult.

In August 24th, the local 3 grade lint came to the factory price of 13650-13800 yuan / ton (with tickets), which was 300 yuan / ton lower than the beginning of the month. The specific paction price is still the larger the proportion of cash paid at the settlement time, the greater the profit margin of the supplier.

In addition, the yarn Market in Xinghua, Jiangsu is relatively stable, and there are signs of improvement. In August 21st, the price of 32 cotton combed yarn was 19700 yuan / ton, up 50 yuan / ton from last month. The average price of 40 cotton combed yarn was 20650 yuan / ton, and the average price of 40 cotton combed yarn was 23500 yuan / ton, all of which were unchanged from last month.