National Cotton Reserves Increase Month By Month, Textile Sales Remain Low

In 2019, the sale of national cotton and cotton wheels has been going on for 3 months. The number of Anhui textile enterprises bidding for national storage cotton is increasing month by month. According to the results of the bid auction of cotton reserves, the total volume of Anhui textile enterprises competing monthly for national cotton storage is 4693.55 tons in July, 3518.641 tons in June and 3026.3255 tons in May. In June, it increased by 492.3155 tons compared with May, and increased by 1174.909 tons in June than in June.

From the comparison of figures, we can see that in Anhui textile enterprises, when the total number of manufacturers has changed little, the total volume of bidding for national cotton reserves has increased month by month and the growth rate has gradually increased. With the real estate cotton bottoming out, cost-effective national storage cotton is increasingly favored by small and medium-sized textile factories in Anhui Province, which has brought about a monthly increase in the number of bids for national cotton stores. It is understood that at present, apart from a large textile enterprise producing more than 60 or more high count yarns, Anhui has used cotton and Xinjiang cotton instead of national cotton stores. The rest of the small and medium-sized textile enterprises have taken the self timer and purchased from the traders, using the national cotton store. The textile factories in the textile and cotton mills mostly adhere to the national cotton Xinjiang cotton and the national cotton, and only a small proportion of the small quantities of new cotton and outer cotton purchased are scattered. In May, a textile mill in Anqing cotton region mainly imported cotton for import quota, and the proportion of bidding for national cotton storage was less than 20%. In June, the proportion of national cotton reserves was more than half; in July, all of the national cotton stores were used.

The amount of national cotton purchase increases month by month, and the textile sales downturn is unchanged. On the other hand, "according to the survey, despite the fact that cotton mills have no worries about cotton, sales of cotton textiles are still in a doldrums. The decline in orders and the selling price of cotton products are all over the surface. At present, small orders and processing are the main products, and the price determines the speed of shipment. The sale price of 40 pure cotton yarn is 21000 yuan / ton, and the price of airstream spinning is slightly better. Textile mills are generally not optimistic about the market outlook. At present, they are mainly responsible for normal operation.