The Sale Of Reserve Cotton Is Finished. Spinning Enterprises Say That Market Resources Are Still Adequate.

August 29th was the last 1 days for the current round of cotton reserves, but the performance of the auction market was still flat. According to relevant textile enterprises feedback, this is mainly due to the quality of cotton reserves do not meet the production needs of enterprises and the market is still adequate resources for cotton.

Yes Trader In August 29th, it quoted 16250 yuan per ton of cotton and the quality was expected to be below medium level.

The company said that the current price of 40% cotton and quality cotton in West Africa is about 16500 yuan / ton, and the price of black cotton is 16700-16900 yuan / ton. New flower It can also be purchased.

with Cotton futures 1501 at present prices, textile enterprises are afraid to increase the start-up rate. Many textile enterprises still have plans to reduce production, so there is no problem of maintaining the existing cotton in the market until the beginning of October.

Whether the cotton consumption will continue to decline, the enterprise also depends on the yarn market, the current spot price of cotton is about 17000 yuan / ton, if the price falls below 16000 yuan / ton, the price of yarn will further decline.

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Recently, Sichuan textile enterprises, which are bidding for the national cotton store, are gradually decreasing. According to the related textile enterprises, the stock reserves in 9-10 months are basically enough. Recently, the auction price was between 1.65-1.70 yuan / ton and about more than 130 tons per bundle.

Pure cotton yarn and cloth were quoted and adjusted before last week, but the prices in recent years were basically stable. 10 yarn types of a spinning enterprise were compressed to 6, and 10 of the textile enterprises of a spinning enterprise reduced to 6. According to the introduction of the enterprise, the relevant orders have been completed, concentrate on the ability to complete the remaining orders. In the current circumstances, it is preferable to reduce production and not increase inventories.

This week, apart from several varieties of blended fabrics, some of the other enterprises have lowered the price of the other polyester / cotton blended fabrics (Dahua) by 0.1-0.2 yuan / m. According to the general manager of a (large) cotton blending enterprise, the sales volume of polyester cotton yarn is relatively stable after the recent quoted price reduction, and the sale of polyester cotton fabric has a slight volume, which is slightly better than that of the previous period.

A spinning enterprise T65/C35 21x21 108x58 63 "gauze card quotes 7.40 yuan / meter, there is still room for negotiation, and the maximum volume can also be 0.20 yuan / meter discount. All enterprises are carefully digesting their inventory and working hard for the soft landing of new cotton year. However, some Sinochem enterprises have thrown off the jumping price because of too large inventory and difficult funds, causing the market price to be chaotic, which has a great impact on the textile enterprises.