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The market is priceless, cotton yarn is still active

by:Chengyi     2021-03-15
In recent days, yarns and their raw materials in various places are in a state of pricelessness. The characteristics are: enterprises have resumed work one after another, and the production load is generally low; there are still fewer new orders received downstream, and the sales progress is slow.  As of February 20, textile mills in various regions have resumed work and production, but their production capacity is generally low and they are in a state of low-load production. According to some textile factories in Shandong, Tianjin and other places, the current load of large and medium-sized spinning mills is 30-50%, and the load of small and medium-sized spinning mills is 20-30%. A small number of enterprise workers are still left behind on holidays. 'I don't dare to operate at full capacity without orders.' Many companies believe that orders are the key. There are also a small number of companies that have resumed work on February 10, but because there are no orders, they can only continue to stop production after less than a week.   As we all know, Shandong Province is an important textile base in the Yellow River Basin. The annual yarn output accounts for half of the total production in the Bohai Rim. At present, there are many yarn inquiries and few transactions in Shandong. First, some manufacturers maintain their quotations before the Spring Festival; for example, the quotations of air-spun OE10S and 16S produced by some small and medium-sized enterprises are around 13,000 yuan/ton and 13,600 yuan/ton respectively; Due to the impact of inventory pressure, the quotation is lowered by 300-400 yuan/ton, and there is no market for all. Another important reason why products cannot be sold is poor logistics. Although some products have reached a preliminary agreement online, it is difficult to reach the factory in the near future. It is understood that cotton raw materials are also in a priceless state. At present, the delivery price of hand-picked cotton in Xinjiang in the Yellow River Basin is 13800-13900 yuan/ton (weight and ticket), and the delivery price of double 29 is at 14100-14200 yuan/ton, little change from yesterday. The third-grade price of real estate cotton is around 13,400 yuan/ton, and the gross weight is settled. The price has not changed much from the previous week.  From raw materials to products, the entire market is in a state of pricelessness. According to market feedback, the key factor is that there are few new orders and production capacity cannot be increased. Therefore, as companies continue to resume work, the market is still in a semi-stasis state. The market is expected to see an increase in transactions starting in early March as the epidemic is gradually repelled. Article Keywords:  Cotton Yarn
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