At Present, The Cash Flow Situation Of Cotton Textile Enterprises Is Still Tense.
Recently, the Shandong, Henan and Hebei supervision bank Xinjiang cotton quotes are as follows: Second Division hand picking cotton 2127C2 (3127C2) level is set at 11700 yuan / ton, third division 2128C2 level public fixed 12250 yuan / ton (Jiashi public fixed 12100 yuan / ton, former Hai Nen agriculture gross weight 12300 yuan / ton); local cotton 3128C2 (broken crack strength 27CN-28CN), 2128C2 (broken strength 28CN-28.5CN) grade gross weight quotations are 11700 yuan / ton, 12000-12100 yuan / ton, respectively, lower than 200-300 yuan / ton in early March.
Some intra cotton enterprises reflect the use since late March.
Cotton enterprises
Industry and
cotton
Operators' enquiries and the enthusiasm of taking delivery have been restored. Strictly speaking, there are not many sources of "double 28" and "double 29".
fibre
Lint cotton with a length of 28mm and above and 27.5-28CN batches of breaking strength is sold as "double 28".
A 60 thousand spindles cotton mill in Nanyang, Henan, said that in view of the small and unstable order of cotton yarn above JC40S and above, the production of C40S, C32S yarn and polyester cotton blended yarn has been increased recently. The purchase standard of cotton is reduced from "double 28" or even "double 29" (horse value below 5) to length of 28mm and above, the horse value is not higher than 5.2, the breaking strength is 27-28CN, not only is the raw material supply adequate and the price is low.
It is understood that the current situation of cash flow in cotton textile enterprises is still relatively tight, and raw materials procurement always follows the strategy of "buying with customers".
On the one hand, the order of C21S-C40S and JC32-JC40S yarn is not strong, and the spinning enterprises are worried about being stuck by capital and products. On the other hand, the regulations of the national cotton store have not been released yet. The quality of the price and re inspection is still in a conjecture, and the internal and external cotton market is waiting for the landing rules to go to the floor.
Xinjiang cotton enterprises are not cold at the time of cash on delivery, credit pick-up or acceptance payment. The buyer's cash from the mainland or inland platform is still the main way of paction.
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Due To Low Cotton Prices And Grain And Cotton Prices, Global Output Continues To Decline.
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