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Nanyang, Henan: Spinning enterprises increase in operating rate, cotton yarn sales continue to pick up

by:Chengyi     2021-03-15
Recently, the operating rate of Henan Nanyang textile enterprises began to increase, and sales orders continued to pick up. At present, both small and micro textile enterprises and large and medium-sized textile enterprises generally report that the sales market has improved, especially the purchase willingness of downstream enterprises continues to increase, and the inquiries have obviously picked up. From the perspective of market purchases, small and micro-spinning enterprises said that orders for carded 32S and 40S yarns have increased, and inventories have declined. Among them, the daily shipments of carded 32S and 40S yarns can reach about 30 tons, and the low ones are about 10 tons. Cotton yarn inventory is reduced. Some small and micro-textile enterprises began to restart production. However, due to the long vacation in the early period, it was difficult for employees to recruit students. They had to use overtime to hire employees from other textile enterprises for production, but they still insisted on recruiting, hoping to have stable employees. Enterprise production to ensure output and quality. Large and medium-sized textile companies continue to increase orders for combed 32S and 40S ring-spun yarns, and purchases have clearly recovered. The largest order can be received at about 100 tons, cash spot, and low orders can also be received with 10-30 tons. While destocking, we began to increase the opening rate to ensure the customer's purchase and supply quantity. From the market point of view, cotton yarn sales prices vary. Spinning companies with large inventories have not yet increased their prices, and continue to stabilize their original price sales. At the same time, large quantities can also be discounted by 100-500 yuan; textile companies with small inventories have slightly increased quotations, with an increase of 100-300 yuan. Not waiting; the quotations of textile companies with no inventory are strong, sales are still going on, and the willingness to increase prices is strong, mainly due to the fact that the actual transaction price of cotton has risen by more than 1,000 yuan/ton from the low point in the previous period to the present, and the sales of textile companies are improving. Under the market, the willingness to increase prices is strong. Some textile companies said that if the market is still picking up, they will appropriately increase the sales quotation to ensure that the company is profitable. Article Keywords:   Spinning Enterprise Operating Rate Cotton Yarn Market
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