Domestic Cotton Prices Downward Spinning Enterprises Or Lower Prices Keep Low Inventory

Recently, the demand for cotton textile downstream market has continued to slump, coupled with the cold storage of cotton, which has accelerated the domestic market. cotton Prices dropped, while international cotton prices quickly dropped after the brief climb in early July. From the price trend, as of August 5th, the price of grade 328 cotton to factory was 13185 yuan / ton, down 280 yuan / ton compared with the same period last month, the A index was 72.1 cents / pound, 1%, the tariff price was 11295 yuan / ton, a decrease of about 340 yuan / ton compared with the same period last month, and the difference between inside and outside cotton price was 1900 yuan / ton.

　　 chemical fiber In the short fiber market, the viscose staple fiber prices have been rising along with the tight supply of viscose staple fibers, and prices have been directly linked to cotton and even upside down. However, with the gradual balance of supply and demand structure, the upward trend of viscose staple fiber is expected to slow down. The polyester staple fiber is fluctuated greatly by oil. Due to the fall in international oil prices, the price of polyester staple fiber has also changed from a stable stage to a downward trend. As of August 5th, the price of viscose staple fiber was 13220 yuan / ton, up 420 yuan / ton compared with the same period last month, and the price of polyester staple fiber was 6910 yuan / ton, down 400 yuan / ton compared with the same period last month.

Judging from the coordination research situation of China Cotton bank, the recent production and marketing of gauze Market is slow, and the overall opening condition of the industry is not good. Some enterprises finally chose to close down after nearly two years of declining orders and profits. In order to avoid homogenization of competition, enterprises with relatively normal operation will further increase the proportion of blended products. Pure cotton The prices of such products are fast downward, and the pressure on product inventory is large. Judging from the procurement of raw materials, Do spinning In order to reduce the risk of inventory depreciation caused by falling cotton prices, cotton stocks are generally not more than 15 days. The product inventory is mostly about 1 months. Enterprises try to keep the low inventory level in order to ensure cash flow or reduce sales.