Hebei And Henan Provinces: Cotton Prices Continue To Rise

The hottest information in the textile market of Hebei Province is the rising price of cotton. The price of cotton has been growing steadily for several days in a few days this week. The cotton enterprises are getting a little bit of a panic. While the bullish mentality is constantly increasing, many of the well funded traders are hoarding cotton and waiting to continue. Markup And raise the price. At present, the price of a stock feedback company in Hebei has reached 13800 yuan / ton.

Yarn: in the past week, under the stimulation of raw cotton, the cotton yarn market has a short and short market. The downstream yarn enterprises see the rising of raw materials. I'm afraid that the price of cotton yarn will increase. Even under the circumstances of capital permissible, even some enterprises are pooling money to buy some cotton yarn, which leads to the recent centralized shipment of cotton yarn production enterprises.

Although the temporary centralized shipment has brought some psychological comfort to some spinning enterprises, what is more painful is the development of the future market. The price of raw materials is rising at the moment. Cotton yarn The cost continues to increase, while the downstream fabric mills are slow in spot sales, and inventories are increasing. The price of grey cloth sales is not rising. Instead, there may be a possibility of promotion.

As a result, downstream yarn purchasing has been in a downward trend. Yarn price The rise is a bit difficult, so the pressure of price is concentrated on spinning enterprises.

Insiders expect that in the case of no increase in the sale and output of the national cotton store, the domestic cotton prices will hardly come back sharply before the new cotton market comes into being, and if the downstream fabric market continues to continue the current development trend, the spinning enterprises will be in a dilemma in the off-season, and there are bound to be 2016 of the life and death decisions of many spinning enterprises.