Removing Inventory And Returning Funds Has Become The Biggest Aspiration Of Textile Enterprises.

As the Spring Festival draws near, removing inventory and returning funds has become a trend.

The biggest wish is to remove stocks as soon as possible, and the sale of prices before years has become the keynote of market players.

As of January 18th, Shandong, Hebei and other places 3128B class real estate cotton output price of 12900-13000 yuan / ton, unchanged from yesterday, but when the actual deal, the negotiations cut the space to reach 150-200 yuan / ton.

A ginning factory official said, at present, their factory still has 110 tons of lint spot, and the quality is 3128, 3127 and 2227, but sales are very difficult.

As a matter of fact, their factories are considered to be less stressed. Many of the 400 types of cotton ginning plants in the Yellow River basin have hundreds of tons or even thousands of tons of stock in stock.

In order to inventory, manufacturers "Eight Immortals crossing the sea, each shows its magic power".

A person in charge of an enterprise in Wuqiao, Hebei said that since this week, all cash pactions have been completed, and 100 tons of goods have been seized at once.

The price can be reduced by 150 yuan / ton on the basis of the original price. Now there are about 310 tons of cotton in their factory. If the purchase is done at one time, the price will be reduced by 200 yuan / ton, and if the price is negotiated and the advance payment is paid, the manufacturer can deliver the goods to the door, leaving the buyer Laughton.

According to the person in charge, there are also manufacturers quietly unite to form an offensive and defensive alliance, unified prices, unified sales, common advance and retreat.

There are also 400 types of cotton ginning plants that rely on large cotton traders to sell cotton to them for sale, paying 200-300 yuan / ton for each ton of cotton sold.

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Price promotions are different, and cotton seed prices in the Yellow River basin have been rising steadily.

As of January 18th, Shandong, Xiajin, Wucheng and other high quality local cottonseed price 1.18-1.20 yuan / jin (Mao Zi oil 12%, water 12%), Hebei Dongguang, Quzhou and other places 1.14-1.15 yuan / Jin, 0.01 yuan / Jin higher than the previous week.

"At present, there are not many cottonseeds in our hands. Most of the oil mills also want to prepare as many sources as possible before the Spring Festival."

The head of a ginning plant in Xiajin, Shandong, said that after the Spring Festival, cottonseed was definitely a scarce resource, but they did not want to continue to stay. The main reason was that the funds were tight enough to return as much money as possible. Two, cotton seeds were not well preserved in the ginning plants, especially in Hebei and Shandong.

Talking about why we should rush to ship a lot before the Spring Festival, a market source said that after the Spring Festival, there was little confidence in the market. Recently, the market is constantly rumored that the cotton reserves will come out after the Spring Festival.

The second is the pressure to repay loans. Since January, most of the cotton ginning mills have received telephone calls from bank loan officers, especially in these days.

A person in charge of a 400 type enterprise in Shijiazhuang, Hebei, said that the amount of credit is now about 12000000 yuan, and the interest paid by light is 8-9 yuan a month.