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Anhui: Cotton yarn prices are stable before the holiday, spinning enterprises continue to shut down for holidays

by:Chengyi     2021-03-15
According to reports from the Anhui Monitoring Station of the National Cotton Market Monitoring System, through surveys of many cotton spinning mills of different sizes in Anhui Province, Zheng yarn has repeatedly fluctuated and its center of gravity has shifted since the New Year. However, the spot price of cotton yarn before the holiday was generally stable, and the prices of individual varieties were slightly lowered. At present, the selling price of 40 carded cotton yarn in most cotton spinning mills is 24000-24500 yuan/ton, which is basically the same as that of the first half of the month. Before the holiday, the factories mainly produced according to orders, so the cotton yarn inventory was generally not large. Some factories are optimistic about the market outlook and are reluctant to sell. It is understood that the cotton yarn inventory at the end of January this year increased slightly compared to the end of December last year.   The Spring Festival is approaching, and the overall holiday time of the cotton spinning mill has not changed much from last year. The early ones were shut down on January 28th (the 16th day of the twelfth lunar month), and the late ones had to wait until February 11th (the 30th day of the twelfth lunar month) before closing. After the Spring Festival, the cotton spinning mills will resume work at different times. As early as February 16th (the fifth day of the first month), work will resume, and the later will have to wait until after the fifteenth of the first month. Article Keywords:  Anhui Cotton Spinning Cotton Yarn Zheng Yarn Yarn Price
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