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Cotton enterprises echo: looking forward to the end of the epidemic, many places in Shandong have not quoted

by:Chengyi     2021-03-15
On February 4, the Shandong Provincial Development and Reform Commission issued a notice on strengthening economic operation scheduling analysis, speeding up key project construction and investment progress, clarifying that all qualified enterprises will resume normal production by the end of February. The ginning factories in Shandong are currently standing still, and some offer sporadic quotations, waiting for the epidemic to end.   The investigation learned that with the further development of the epidemic, the awareness of the people in all parts of Shandong has gradually increased. At present, vehicle traffic is strictly controlled, and personnel access is also strictly controlled. Since the end of the statutory holiday, except for a ginning factory in Xiajin, the price of third-grade lint at Shandong is 13,500 yuan/ton, which is down 200 yuan/ton from before the Spring Festival. No quotation has been made in other regions.   Many manufacturers have reported that futures have fallen sharply after the holiday. In addition to the epidemic restricting transportation, the cotton market is currently in a disordered state. Even if there is a small amount of lint in stock, manufacturers have no intention to ship. Moreover, downstream spinning mills have not started operations and have not yet purchased. Industry insiders analyzed that due to the limited amount of seed cotton resources, there are not many seed cotton and lint stocks before the Spring Festival, and the pressure is not great. After the epidemic is over, the cotton market will definitely face readjustment. Everyone eagerly hopes that the epidemic will pass and the cotton market will return to life as soon as possible. Article Keywords:  Cotton
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