Sichuan Cloth Mill Unable To Buy Yarn &Nbsp; Many Home Textile Enterprises Have Ceased Production.
Recently, the lower reaches of Sichuan
Weaving
factory
Product sales
Not smooth.
Stock
Constantly increasing, capital pressure is serious, unable to buy yarn.
In April 8th, C60S, a local textile enterprise, quoted 44000 yuan / ton, and C40S quoted 35000 yuan / ton, although it had already fallen below the cost, but nobody was interested.
It is understood that due to excessive inventory of cotton yarn, spinning enterprises cash flow difficulties, plus Jiangsu and Zhejiang provinces
Cotton yarn
In Sichuan sales, to seize market share, a number of local cotton textile enterprises have been suspended from work, and the rate of production of enterprises that insist on production is less than 70%.
Affected by this, the local
lint
The purchase and sale of the market is deserted. At present, the price of grade 329 cotton is 30500 yuan / ton, and the 428 grade is 20900 yuan / ton.
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