Shandong: The Spring Festival is approaching, textile enterprises' inventories increase

At present, the processing of seed cotton in Xinjiang and inland is coming to an end. With the gradual decrease of seed cotton resources, enterprises increase the purchase price of seed cotton in order to increase the purchase volume. Towards the end of the year, domestic textile companies of all sizes began to stock up in advance to support the price of lint.　　According to the person in charge of a blending enterprise in Shandong, the company is operating well, with raw material inventory within 3-6 months, sufficient orders, and no finished product inventory temporarily. Since November last year, corporate orders have gradually increased. In order to meet the demand for orders and the normal operation of the company during the Spring Festival, lint inventory began to gradually increase in November. Up to now, the company's raw cotton purchase cost is around 15,300 yuan/ton (hand picked cotton in Nanjiang), and the price of blended yarn is 26,500 yuan/ton. Another textile company said that the current order is sufficient, mainly producing 21S and 32S yarns, and the lint inventory is about 2 months. Article keywords: 　Shandong cotton lint cotton seed cotton purchase cotton price yarn blended yarn