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Hebei: The price of cotton yarn fluctuates greatly, and the sales of textile enterprises are not optimistic

by:Chengyi     2021-03-15
At the beginning of 2020, a sudden epidemic hit the domestic textile companies. Many textile companies have halted work and production due to the impact of the epidemic, and the number of orders retained by some textile companies has also declined compared with the previous period.   As the domestic epidemic situation has basically improved, companies have gradually resumed work and production. Up to now, the 80,000-spindle cotton spinning workshop of Hebei Runyuan Textile Co., Ltd. has started normal production. According to the person in charge of the company, affected by the foreign epidemic and the Sino-US trade war, the company's finished product sales are still not optimistic. Fortunately, the inventory is not large, and the raw material inventory is only 2 months.   It is understood that the main problem facing enterprises at present is that the cost of raw materials is high and the sales of later finished products are not optimistic, resulting in lower profits for the enterprise. The person in charge of the company said that in order to maintain the company's normal production and customer demand, the company maintains customer orders by reducing cotton yarn prices.   Since mid-July, the cotton yarn market price has fluctuated greatly. Taking combed compact spinning 40 yarns as an example, the low price is 23,000 yuan/ton and the high price is 24,800 yuan/ton. At the same time, downstream customers are cautious in purchasing in order to avoid risks. Article Keywords:  Hebei Cotton Yarn Price
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