Cotton And Yarn Prices Will Continue To Fluctuate During The Holidays

2021/2/4 13:24:00 0

Cotton And Yarn Prices Will Continue To Fluctuate During The Spring Festival

With the Spring Festival holiday approaching, textile enterprises have different performances in order quantity, raw material procurement and finished product transportation. Some have holidays ahead of time, some slow down the purchase of raw materials, and some have a wait-and-see production restriction. These situations may have an impact on the short-term trend of cotton and yarn cloth prices. However, the price trend of cotton and yarn tends to be stable during the Spring Festival, which is limited by its impact.

According to an industry insider, cotton and cotton yarn prices have both jumped since the national day of 2020 and have lasted for four months. Although there are oscillations during this period, the "high" trend does not change. Today, cotton prices and yarn prices have increased by more than 10% compared with four months ago. Cotton and cotton yarn rise simultaneously, which not only does not bring enterprises an embarrassing situation of high import and low output, but also brings a situation of prosperous production and marketing.

At present, the international cotton market and yarn market are in an upward trend. As evidenced by relevant people, at the end of January, the c32s cotton yarn prices of India, Vietnam, Uzbekistan and other countries hovered at 23500-24500 yuan / ton, which was significantly higher than that in the first three quarters of last year, and the frequency of downstream orders uploading to upstream textile was higher; the c32s cotton yarn quotations of several major domestic yarn trading markets and light textile cities were also above 24000 yuan / ton recently, which was also significantly higher than that of three or four months ago Love. The relatively high and stable yarn and clothing consumption market at home and abroad has become a solid foundation for the development of textile market.

It is understood that as the Spring Festival approaches, the overall operation of the cotton textile industry is slowing down due to the epidemic situation, holidays, logistics, foreign trade and other factors, which can not be the decisive factor for the rise and fall of cotton and cotton yarn prices, but mainly depends on the trend of the epidemic situation. Therefore, the price of fancy yarn will maintain a fluctuating trend.