Most Textile Companies Are Optimistic About This Year'S Market.
Recently, domestic cotton prices have a downward trend.
At present, most textile companies are optimistic about the market this year. Many market participants believe that if the upstream raw material prices continue to fall, it is not only a good thing, but will probably continue to drag down the price of cotton yarn.
As of 26 days, Akesu, Kashi and other places
Unginned cotton
Price fell to 7.00-7.20 yuan / kg, compared with last Friday (21 days) fell 0.10 yuan / kg.
Since the opening of the scale, Xinjiang cotton has experienced a "roller coaster" market, cotton prices rose first and then fell, the total decline in 0.50-1.00 yuan / kg.
Cotton in the mainland is more than ever. According to the feedback from enterprises in Shandong and Hebei, the mainstream purchase price of cotton seed in recent years is 7.35-7.55 yuan / kg, down 0.05 yuan / kg compared with last Friday (21 days).
"Although many cotton farmers continue to have a very high price, they will not accept it."
On the 26 day, a cotton grower in Shandong indicated that this may come from the lower spot price of lint.
Up to now,
Xinjiang
The 3128 level hand picked cotton in the regulatory warehouse price is 16000 yuan / ton line, down 200-300 yuan / ton compared with last Friday; the 3128 spot spot price in the the Yellow River River Basin in the mainland is 15000-15500 yuan / ton line, down 100-200 yuan / ton.
Judging from the attitude of textile enterprises, the price of lint is down, which should give enterprises more advantages than disadvantages. However, because of the difficulty in sale of cotton yarn and the falling of raw material prices, some textile enterprises are more headache.
On the 26 day, a person in charge of a textile enterprise in Binzhou, Shandong said that some of their factories were producing conventional C32S and C40S.
They have been looking for quick access to inventory.
Destocking
Liquidity reduced pressure and lowered conventional yarn quotations today.
Among them, the price of C32S is 21000 yuan / ton, and the price of C40S is 23300 yuan / ton, all down by 200 yuan / ton.
In addition, according to many textile enterprises in Hebei and Shandong, the recent spinning of 10S, 12S and combed 21S, 32S and 40S are all lighter, and the profits of manufacturers are thinner.
Talking about why cotton yarn is still weak during the "golden ten" period, a textile enterprise official said that some enterprises were still relatively stable in terms of production and marketing due to the support of previous orders, but their confidence in the market outlook was still insufficient.
Most of the feedbacks in the weaving mills are not good, although the price changes little, but orders and sales are shrinking.
The old customers in the lower reaches are cautious in the monopoles and need to get the goods just now. There are no large orders in the weaving enterprises, and the orders of the loom factories with large orders are also very cautious and hesitant by the price of the upstream raw materials.
At present, most enterprises adopt the limited production and the way of selling at a price to digest inventory. Only chemical fiber fabrics are available for sale.
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