Jiangsu Cotton Textile Market: Sales Trend Is Still Grim

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< p > > a href= "http://sjfzxm.com/news/index_p.asp" > cotton yarn < /a >: after the festival, the textile enterprises began to work differently. According to the understanding of the cotton spinning enterprises in Jiangsu area, the textile enterprises above Designated Size reached 8 above eight at the beginning of the month, and some small and medium-sized enterprises started to drive after the beginning of the decade, even after the first fifteen months.

The scale production of textile enterprises is also determined by the structure of product purchase and sale. Half of the enterprises only arranged basic production at the beginning. Most of the small spinning enterprises still do odd jobs, and still do not have single stocks.

Judging from the overall situation, the purchase and sale trend of Su cotton after spring is still grim.

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< p > especially in recent years, < a href= "http://sjfzxm.com/news/index_p.asp" > cotton < /a >, cotton yarn prices fluctuate frequently, enterprises in cotton procurement, processing and cotton yarn sales process, often encounter "two hit" situation.

In this regard, some large textile enterprises can barely afford it, and a large number of small and medium-sized enterprises simply can not afford it.

The textile industry urgently needs to use the futures market to manage the risk of price fluctuation of raw materials and finished products.

It is understood that in addition to speeding up the listing of cotton yarn futures, Zhengshang will also increase its R & D efforts on cottonseed, cottonseed meal, raw silk, cocoon and polyester staple fiber this year.

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< p > Cotton: < a href= "http://sjfzxm.com/news/index_p.asp" > Intercontinental Exchange > /a > (ICE) cotton jumped to a two week high on Friday, recording the best week in 1 months, because investors were increasingly worried about the decline in US cotton supply before Monday's Government monthly demand and supply report.

It is a technical resistance level to lose kinetic energy above 88 cents, and it is considered that this level is too high for textile mills.

March a href= "http://sjfzxm.com/news/index_p.asp" > cotton < /a > received 87.47 cents, up 1.16 cents, up 1.3%, climbing 2% this week.

Most analysts expect the government to raise its export forecast for the crop year ending July.

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