The Price Of Yarn Is Falling And Endless Orders Are Looking Forward To It.

Since the outbreak of the outbreak, the capital market has been repeatedly thundered, the US stock has fended several times, and Zheng cotton has fallen below 10000 before. In the first quarter, the gross domestic product of GDP dropped by 6.8%. All sectors have been hit by different degrees, and the textile industry is hard to recover rapidly in a short time. The yarn market continues to be weak, manufacturers pressure is increasing, and market demand is still low.

In the process of understanding to the enterprise, there is a yarn factory joking, many people have to do masks, there is no order in the market. One manufacturer said that the export market was basically at a standstill, and that the epidemic situation in other countries was severe. The export sales should start in June and begin to resume. But now, the domestic market is not good, and knitted and cowboys and other varieties are not satisfactory. In spring and summer, there are many garments, slow digestion, large inventory of goods and low start-up rate. Compared with the price of cotton, demand and orders are the main reference for the future market. The shipping mentality of the manufacturers is relatively strong. Now the market reflects that the varieties are dispersed and not sold well.

Downstream manufacturers are basically needed to buy, according to the upstream and downstream reflect the situation, the market orders are continuing to lack, manufacturers pressure is relatively large, inventory backlog serious, resulting in product prices also fell faster, the current market quotation is also more confusing, the transaction can still be discussed, as far as possible, so the market transactions are still slow, the pressure of funds from various manufacturers is becoming more and more obvious. This situation is reflected in various aspects of the textile industry, and the number of factories that limit production and shift is increasing, and some manufacturers even take a vacation.

In order to clear inventory, terminal clothing industry, home textiles and so on have begun to broadcast live and discount sales, so as to reduce the pressure of enterprises. Textile enterprises in the middle stage can only compete for orders by price war and maintain production.