Jiangsu: Weather Is Bad, Cotton Pre Purchase And Sale Slowdown

Recently, the cold and warm weather and the fog and fog in the whole part of the country have brought inconvenience to people's work and life. Meanwhile, the circulation of cotton and cotton by-products has also been affected.

Cotton operators and cotton textile enterprises told the author that the high speed road closure due to snow and fog, and the provincial and county roads were icy and slippery because of the grade restrictions. Most of the non urgent demand for material transportation was discounted or delayed.

Jiangsu, Nantong and Yancheng have been dominated by cold and rainy weather for nearly half a month. The local textile enterprises with about 20 thousand spindles are normally buying cotton at 150 tons next month. Usually, a vehicle runs on a daily basis. Under the adverse weather conditions, some enterprises may eat "surplus grain" or purchase some local data in the vicinity.

It is understood that the majority of small businesses in the local consumption of cotton 3-5 tons of progress, leaving at most only a month or so of raw materials processing stocks, in addition to worrying about sudden changes in the market, enterprises are everywhere in order to reduce the risk of this section. Of course, the abundant supply of cotton has already dispelled the worries of raw material protection of enterprises. In the case of orders beating, the corresponding raw materials for spinning are not a problem.

According to the interviewed enterprises, there are more than ten days away from the Spring Festival. Most of the enterprises are in the finishing stage of the year-end work, and there is no possibility of buying large quantities of cotton resources, but it is normal to see that the order arrangement is suitable for the repair. Therefore, if the weather clears up in the future, most enterprises will still arrange procurement, and reserve sufficient raw materials for post holiday driving, depending on the rate of re employment and the size of the order.

Analysts believe that the elements of market upheaval are not enough before and after the Spring Festival. There will not be any big accidents. The psychological stability of enterprises is relatively stable. The main focus should be placed on the annual operation and payment settlement, year-end work summary, staff annual meeting and holiday holidays, and security arrangements.

It is reported that in order to reflect the affection of the new spring festival and the humane care of the enterprises, and reduce the outflow of front-line workers in the enterprises, the field textile workers, such as Dafeng, Dongtai, Haian, Qidong, etc., who work intensively in the field, and technology preservation, will start to visit their families before the Lunar New Year's Eve.