Hebei Lu Yu: Cotton Yarn Prices Fell Sharply, Companies Dare Not Blindly Produce.
At present, the yarn Market in Hebei Province is still pessimistic, and there is no positive momentum. The surface is unusually calm.
As early as we enter the off-season, cotton, yarn and downstream fabrics and fabrics are interlinked. All of us are experiencing a tense atmosphere and feeling the invisible pressure.
The cotton market in the region continues to be flagging, and sales continue to decline.
According to a factory in Shandong, the sales volume of cotton yarn is equivalent to half of that of the same month last month. The inventory has increased from 20 days last month to 28 days now, and it can not be blindly produced. Under the situation of fixed production, the opening rate of the machine has decreased, and the price has also declined slightly.
In recent years, both the price of cotton and the price of polyester staple and viscose staple are all down. Spinning mills are facing increasing pressure on stock yarn costs and poor sales.
Downstream in the overall climate is also not easy to take orders, do not make profits, return to lose money, so there are many small businesses shut down and stop production news.
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