The Price Of Cotton Yarn Has Dropped, And The Off-Season Is Coming.
By the end of April, the hot selling situation of cotton yarn had gradually faded over time. Most of the enterprises indicated that the sales of cotton yarn were larger than that in 2-3 months.
And in the past month, the price of yarn has shown signs of weakening.
According to the national cotton market monitoring system data, as of April 22nd, the price of 32 combed cotton yarn was 22980 yuan / ton, and the price of combed cotton yarn 40 yuan was 26475 yuan / ton, compared with the beginning of April, the overall decline was nearly 100 yuan / ton.
What is the actual situation of textile enterprises at present?
After consulting the operation of a textile enterprise in Henan Province, it was learned that in May, the local textile industry also gradually entered the off-season. The order volume was not as good as before. However, due to the early completion of the product's inventory work, the stock of products in the near future was not large.
The official said that since the spot price of the upstream cotton is still strong, giving support to the downstream, the arrival of the off-season may lead to a downward adjustment in the price of cotton yarn, but the specific situation should be determined by combining downstream demand and product inventory.
It can be seen that some textile factories in Henan are in relatively better operating condition and still have a "bottom line" in terms of price.
A textile enterprise in Yuncheng, Shandong told reporters that the local textile situation was not so optimistic.
The director of the enterprise said: "now there are 20 days of cotton yarn inventory, which is not a high level in these 35 years."
As we all know, Shandong Yuncheng is the center of production of low-end products. The operation of local enterprises is representative of the whole country.
It is understood that the sales volume of local cotton yarn is not good, and the price of yarn is constantly lowered by the manufacturers. The price of local cotton yarn has dropped by nearly 1000 yuan per ton compared with the same period last year.
The head of the company said that the most troublesome thing at present is that it can not buy cheap cotton, and the rising of raw materials and the inconsistent trend of upstream and downstream have led to losses for local manufacturers.
Thus, small textile mills in Shandong may not be so optimistic.
In April 23rd, the relevant departments of the state jointly issued a notice on rotation of some central cotton reserves in 2019, which greatly encouraged the confidence of textile enterprises.
Regardless of whether the traditional textile off-season is coming on schedule and the supply of raw materials is guaranteed, textile enterprises will be more calm to welcome its arrival.
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