Textile Enterprises Purchase Cotton Linen Difficult To Increase Cotton Yarn Imports Increase

1 days, Domestic cotton Spot prices remain stable. Although the purchase and storage will help to support cotton growers, it will damage the interests of Chinese textile enterprises, reduce the supply of domestic market, and force the textile industry to rely on imports, or increase the import of cotton yarn this year.

Textile enterprise procurement lint It is still difficult to make a big deal. The actual turnover rate of the reserve cotton store has remained below 20%, which has become a constraint to the matching market. In addition, the market expects some cotton reserves to allow warehouse receipts. Although it has not been confirmed by the relevant departments, it still has a certain impact on investor confidence.

China's main quotas for imported cotton continued to rise, of which Brazil cotton rose 1.25 cents, while other varieties generally rose 0.75 cents. From the market situation, downstream demand is not active, textile mill replenishment enthusiasm is not high, especially in the Cotton price After the rise, textile mills will continue to import India and Pakistan yarns to reduce costs. Analysts said that although the downstream demand is slightly inadequate, the difference between the 3000 yuan / ton of cotton price is strong support from the market, so there is not much room for foreign cotton falling.