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    The Textile Mill'S Recovery Rate Reaches 80% Cotton Yarn Is Shipped Out Of Stock At Pre Holiday Prices.

    2020/3/12 9:43:00 0

    Cotton Yarn Price

    According to the survey of dozens of large and medium-sized cotton textile enterprises, last month, large cotton textile enterprises began to return to work in February 10th. As of the end of February, the recovery rate of enterprises increased significantly, and the rate of return to enterprises in Zhejiang, Hebei and Anhui reached over 80%.

    The survey found that when the earlier reemployment enterprises were affected by the blocked communities and villages, the rate of workers getting to work was generally low, and some factories were only 30%. Subsequently, with the "car hire workers returning to work" and the epidemic situation improved, the rate of arrival of workers gradually picked up, and the cotton mills which resumed work resumed production gradually increased. The return rate of workers who returned to work late was obviously much better. Most of the enterprises are ready to start work in advance, especially when they can go to posts after the workers' holiday.

    At present, most factories are close to the number of workers before the Spring Festival, and the capacity recovery is basically around 80%. After the resumption of production, orders have become the most worrying problem for enterprises. After the Spring Festival, the epidemic broke out from Wuhan, Hubei to the whole country, and began to spread all over the world from the trend of nationwide epidemic control. Cotton and cotton yarn futures prices also had a sharp shock. In the face of the uncertainties brought about by the aggravation of overseas epidemic to export orders, most enterprises adopt strategies to slow down the purchase of lint cotton, speed up the sale of cotton yarn, and reduce the inventory of lint and cotton yarn.

    It is understood that most of the plant's raw material inventory is less than a month's level, low about 10 days. In the purchase channel, because of the strong willingness of local ginning factories to have a strong price, most of the textile enterprises choose to seize the opportunity price trading to get futures warehouse receipts and reduce the cost of cotton production. A cotton mill took advantage of the last two futures prices to drop sharply or even hit the limit, and promptly grabbed more than 200 tons of 3 grade double 28 lint, and the factory price was 12600~12800 yuan / ton, less than 400~600 cotton / local cotton mill's cotton price.

    In the sale of cotton yarn, although many cotton yarn varieties after the price of 200 yuan / ton increase, but most manufacturers are still positive before the sale price, 32 cartons of pure cotton yarn price 19700~20000 yuan / ton, 40 cotton pure cotton yarn price 20800~21000 yuan / ton, fast sales is afraid that the market will be increased by the risk of the epidemic. Most of the cotton yarn inventory at present is basically in the level of 1 months or so, and some of them are lower. Most of the enterprises have abandoned the illusion of "gold, three, silver and four" and take the principle of selling products and making cash as king.

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    Lint Price Trend In Early March: Slight Rise And Heavy Fall

    As of March 11th, the average price of the domestic lint spot market was 12731 yuan / ton, down 2.89% from the beginning of the month, down 18.20% from the same period last year.

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