China Textile City Deals With Many Varieties Of Interaction, Thick And Thin

In recent years, China's Textile City, air jet, cotton, plain cloth, black, purplish red, scarlet, sapphire blue, and green lustre fabrics are sold well locally and occasionally shipped in bulk.

Guang Jin polyester fabric door width 150CM, the locality is very suitable for the small batch and many varieties of color matching.

In the past few days, the 70D cotton brocade x 32S/C, 152 x 86 standard matting cotton brocade, 70D brocade x 40S/C and 152 * 86 standard matting cotton brocade are mainly made of flat reactive dyes.

There are many kinds of listing, and a number of shades of colourful fabrics are more active.

PU coated cloth door 150CM, locality, small batch, variety and color matching were also relatively active.

Some of the leisure fashion fabrics with polyester FDY and DTY as the main raw materials are relatively active, and the number of pactions is higher than before.

On the first floor of Dongsheng Road market, the first floor of the old market and the first floor of the East market.

There are wrinkled, blister, kimono cotton, metal wire, nylon and metal wire based memory fashion fabrics, imitation memory fashion fabrics, traded many varieties of interaction, thick and thin.

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In recent years, the price of cotton reserves has gradually declined.

Especially in 2015, the domestic base price of cotton wheels has dropped to 13200 yuan / ton.

In 2016, as the reserve cotton combined with domestic and international cotton prices, the reserve price would be further lowered.

However, under the expectation of lower price, the market is running counter to it. Both the cotton futures market and the spot market respond to the attitude of price rise.

Since the announcement of the reserve cotton rotation policy in April 15th, the first day of the opening of the cotton futures market, in April 18th, Zheng Mian futures prices responded to the price limit. The price of ICE cotton main contract was also rising, rising 3.68% to 62.23 cents / pound, the biggest one-day gain in 8 months.

The spot market of cotton also showed a large increase in quotations. Some traders raised their quotas by 300 yuan / ton, while others simply "hoarding" and stopped offering quotations.

At present, the main contract 1609 of zhengmian futures is still in the trend of rising prices. The cumulative increase this month has reached 24.02%, and the price has risen to the level of late November last year.

Analysis of the industry, because in the process of cotton prices fell before, inventory means loss, so many enterprises are very low inventory, and this round of rising cotton prices, textile enterprises replenishment demand is only a small part, more because of the operation of futures market funds.

In the face of the soaring price of futures and spot cotton, the NDRC responded positively, making clear that the state reserve cotton stock is sufficient, if the market needs, the amount of cotton reserves and the number of daily listing can be increased at any time.

In April 21st, Zheng Shang also issued a reminder letter for the risk of cotton market, which prompted enterprises to operate prudently and rationally invest.

This also confirms that there is speculation in the market that the price of cotton in the futures market has soared.

China Cotton Textile Industry Association also announced that cotton textile enterprises should take a rational view of the rise in cotton prices. From the actual paction situation, the price of pure cotton yarn has not been improved, and some of the colored spinning products are on the decline, and the order and price of non cotton yarn are basically stable.

This shows that the rising price of the current cotton futures is not caused by the demand pull in the downstream market.

The pattern of supply and demand has not changed significantly, reflecting the fact that downstream weaving and knitting enterprises do not accept price increases, and lack of upward momentum.