Cotton Yarn Sales Suddenly Turn Good Cotton Prices Can Usher In A Wave Of Rally?

Recently, Zheng cotton has fluctuated slightly, and the trend of interval shocks has not changed.

However, with the improvement of downstream production and sales, it is still doubtful whether the cotton price will usher in a wave of growth.

Recently, the textile enterprises in Henan have been delighted. According to the feedback from the relevant enterprises, the sales of enterprises have been improved for some three or four days, or even a crowded market.

According to China's cotton net reporter, before the festival, including a period after the holiday, spinning production pressure is very large, cotton yarn sales are in a predicament, inventory turnover period is generally in more than 1 months, the funds are in serious pressure.

Affected by this, the upstream cotton price is also bland, and continues to shake at the bottom.

Just as companies are feeling confused, cotton yarn sales have suddenly improved in recent years, and cars come in and out every day, especially combing 32-34S and combing 40-60S.

In order to meet the needs of downstream enterprises, the enterprises are also making orders recently.

As for why such a situation occurs, some enterprises say that sales suddenly turn better, and they do not know the reason.

Some enterprises say that many orders have been taken before the festival, and now they are all ordered before delivery, and new orders are not many.

Due to trade frictions between China and the United States, the US originally planned to increase tariffs in March 1st. As a result, new progress has been made with the two sides' consultations. The US has postponed the tariff increase time, and the downstream factories have dared to place orders to pick up the goods.

Of course, for the purchase spot, the enterprises are not worried. With the purchase and purchase, the stock of raw materials is maintained for about 1 months.

Therefore, under the mentality of spinning enterprises, it is still difficult to raise cotton prices.