China Cotton Association: In May, The Textile Market Improved Slightly, And Confidence Was Restored.

In May, domestic and foreign cotton prices rose slightly, and the overall trend was relatively stable. In May 28th, domestic 3128B cotton prices were quoted at 11990 yuan / ton, up 285 yuan / ton from the same period last month, and most textile enterprises did not increase their raw material inventory, mainly with the purchase and purchase, with a small number of transactions in the market, and about 80% of the raw material stocks remained at 1 months. Weaving Market slightly improved, the domestic market began to start, some of the enterprise orders to June, export market enquiries increased, local area received a small number of orders, but the overall situation is still no marked improvement. In order to maintain normal operation, enterprises without orders choose regular production varieties. At present, the overall start-up rate is maintained at around 60%. With regard to inventory, a slight increase in orders and some traders' speculative buying led to a slight decline in inventory of weaving enterprises. At present, 85% of the survey enterprises have been in storage for 1 months.

Business capital pressure is generally larger, grey cloth quotes confusion, in addition to recent sales of individual varieties relatively good price increases 0.1-0.2 yuan / m, other varieties are still weak. According to the market, the sales of conventional varieties in Nantong market were not ideal in May. Some foreign trade enterprises stalled orders before shipment, the inquiry increased, the printing and dyeing enterprises orders were insufficient, the market situation was still not optimistic; the domestic market orders in Lanxi started one after another, the start-up rate of enterprises increased, the price of products increased, the sales of conventional varieties were smooth, and the overall situation improved. In terms of profits, with the increase of domestic orders, the quotation of products has gradually returned to normal. At present, weaving enterprises basically maintain capital preservation, and individual enterprises are at a loss.