Affected By The Epidemic, More And More Inquiries Have Been Made, And A Small Amount Of Yarn Has Been Sold In The Market.

Recently, enterprises in Shandong, Hebei and other places have not yet started, but the telephone and Internet enquiries for cotton and yarn have increased significantly, and the market has not yet been concluded.

Affected by the new crown epidemic situation, Zheng cotton fell sharply, holding the spot middlemen, ginning mills and traders worried about psychological enhancement. In February 6th, the head of a factory in Shandong said that more than 300 tons of quality lint had been hoarding before, but it was hard to sell after the year. Up to now, the three lint price in the the Yellow River river basin is priced at 14200 yuan / ton (gross weight and ticket), and the four level is 13800 yuan / ton (gross weight and ticket), which is basically the same as before the Spring Festival. Many ginning mills and middlemen have said that the price of lint will not be quoted temporarily because the market is not open normally.

In addition, many cotton ginning factories say that the inquiry price of cotton enterprises downstream is more active, but the impact of epidemic prevention and control factors is limited, and the turnover is less. At present, there is a big divergence in the market trend towards cotton in the later stage. Some industries think that after the end of the epidemic, cotton is likely to be retaliatory.

Up to now, the yarn Market in Shandong and Hebei has remained stable, and the market is expected to be more pessimistic. The main reason is that enterprises are worried about the risk of default before the year, and the quotations of factories are still not clear. Most enterprises are waiting for the market to return to normal. There are also some cotton mill quotes to extend before the Spring Festival. In February 6th, the price of 21S and 32S of a factory in Shandong was 19500 yuan / ton, 20600 yuan / ton, and the price of polyester cotton yarn 45S (TC65/35) was 16800 yuan / ton. The factory stock is not big, the inventory pressure is not big. According to a number of workers in the cotton mill, they have only received notice of the temporary extension of the Spring Festival holiday. The time for returning to the factory is not clear.

To sum up, affected by the epidemic, there are different opinions on the trend of cotton and yarn later this year. This is affected by both the development of the epidemic and the default of the downstream orders. Remind plants to pay close attention to epidemic development and government decrees, and rationally arrange production.