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    "Gold Nine Silver Ten" Lack Of Success, Textile Enterprises Can Not Hide Their Worries

    2020/9/2 10:27:00 89

    Textile Enterprises

    According to the feedback from cotton textile enterprises and middlemen in Shandong, Jiangsu, Zhejiang, Henan and other places, the current price of cotton, polyester staple fiber and other raw materials has risen since the end of August. In addition, the cotton yarn prices of India, Pakistan and Vietnam have rebounded, and the domestic cotton yarn is stabilizing and stronger, and the downstream consumption terminal continues to warm up. Several mills in Zibo and Dezhou of Shandong Province said that the inquiry and shipment of OE yarn and 8-16s ring spinning yarn were slow and even a little cold in recent half a month, and the transactions of c32s and 40s yarns were relatively active compared with other varieties.


    Since the middle of July, the purchasing enthusiasm of a large cotton textile enterprise in Jiangsu Province has been much higher than that in June and July, especially the high-quality warehouse receipts of Zhengzhou cotton. On the one hand, the fixed spinning and delivery of 60-80s cotton yarn are obviously improved compared with the previous two months, and the acceptance and digestion ability of trading companies and weaving mills to the price continue to increase; on the other hand, the textile enterprises judge that due to the high temperature in Xinjiang cotton region from June to August 2020 Due to less rain, the lint indexes listed before the last ten days of October are mainly Damascus value and low breaking strength, which are not suitable for spinning 60s and above count cotton yarn. In addition, the basis difference of US cotton in Port Bonded and customs clearance in 2019 / 20 is relatively strong, and the price and quality advantages are limited compared with Xinjiang cotton. The Brazilian cotton spot is dominated by late flowering in 2019 / 20, and the indexes of grade, quality, impurity and consistency are not satisfactory.


    From the survey, cotton textile and clothing enterprises generally believe that under the environment of epidemic prevention and control, Sino US relations deadlock and declining income expectations, the quality of the traditional textile peak season of "golden nine silver ten" is slightly insufficient. Therefore, most of the textile enterprises adopt the operation of "buy as you go" raw materials and finished products to inventory, and grasp the return of funds to reduce the pressure of cash flow as much as possible to avoid breakage Risk. Small and medium-sized cotton mills in Shandong, Henan and other places reflect that with Zheng cotton cf2101 disc price breaking through 13000 yuan / ton, cotton basis quotation and buy it now price will rise, but the cotton yarn quotation rise is very weak, the profit space of the mill is compressed again, and the enterprise operating rate and load are facing the possibility of falling and adjusting.


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