It Is Still Time For The Market To Be Active Without Market Cotton Yarn.
Recently, yarns and their raw materials are all at a price free market. The characteristics are: enterprises are returning to work one after another, production load is generally low, new orders are still less in the downstream, and sales progress is slow.
As of February 20th, textile mills in various parts of the country resumed production and resumed production in succession, but their production capacity was generally low and they were in low load production. According to some textile factories in Shandong, Tianjin and other places, the load of large and medium sized mills is currently 30-50%, and the load of small and medium sized mills is 20-30%. "No orders, but also afraid to run at full capacity." Many enterprises think that order is the key. A small number of enterprises have resumed work in February 10th, but due to the lack of orders, they can not continue production until less than a week.
As we all know, Shandong is an important textile base in the the Yellow River River Basin. The annual yarn production accounts for half of the total production in Bohai. At present, the price of yarns in Shandong is much less than that in the first place. First, some manufacturers maintain their quotations before the Spring Festival. For example, some small and medium-sized enterprises produce air spinning OE10S and 16S quotations near 13000 yuan / ton, 13600 yuan / ton, two are affected by inventory pressure, and the quoted price is reduced by 300-400 yuan / ton, and the price is all without market. Another important reason why products are not selling is that logistics is not smooth. Some products have reached a preliminary agreement on the Internet, but it is hard to get to the factory in the near future.
It is understood that cotton raw materials also showed a price free market status. At present, the the Yellow River River Basin point Xinjiang hand picked cotton "double 28" pick up price in 13800-13900 yuan / ton (public weight, with tickets), "double 29" pick up price in 14100-14200 yuan / ton, changed little yesterday. Real estate cotton three level quotation in 13400 yuan / ton, gross weight settlement, the price changed little compared to the previous week.
From raw materials to products, the whole market is in a state of no market price. According to market feedback, the key factor is that the new orders are few and the capacity is not going to go. Therefore, with the resumption of enterprises, the market is still in a semi stagnant state, and the market is expected to gradually increase in the first half of March as the epidemic is gradually repelled.
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