The resumption rate of textile mills reaches 80%, cotton yarn is shipped at pre-holiday prices and inventory is reduced

According to the survey of dozens of large, medium and small cotton textile enterprises by this website, large cotton textile enterprises took the lead in resuming work on February 10 last month. As of the end of February, the resumption rate of enterprises has increased significantly. The resumption rate of enterprises has reached more than 80%.　　 The survey found that companies that resumed work earlier due to the closure of communities and villages and the impact of travel obstruction at the time, the rate of worker attendance was generally low, and some factories were only 30%. Subsequently, with the 'chartered trucks picking up foreign workers to return to work' and the situation improved, the rate of workers' attendance gradually picked up, and the number of cotton spinning mills that resumed work and production gradually increased. However, the arrival rate of workers in enterprises who have returned to work late is obviously much better. Most companies make preparations for resumption of work ahead of time, especially investigating whether workers can be on duty after the holiday. It is found that a small number of resigns are recruited in time.　　 At present, most factories are basically close to the number of on-the-job workers before the Spring Festival, and the production capacity recovery is basically about 80%. After the resumption of work and production, orders have become the most worrying issue for companies. After the Spring Festival, the epidemic spread from Wuhan, Hubei Province to the whole country, and then from the time when the epidemic control became better throughout the country, it began to spread globally. The prices of cotton and cotton yarn futures also fluctuated sharply, which made the CEOs panic. Faced with the uncertainties brought by the aggravation of overseas epidemics to export orders, most companies adopt the strategy of slowing down the purchase of lint, speeding up the sales of cotton yarn, and reducing the inventory of lint and cotton yarn.　　 It is understood that the raw material inventory of most factories is less than one month, and the low is about 10 days. In terms of purchase channels, due to the strong willingness of local ginners to keep prices, most textile companies choose to seize the opportunity to trade at a price to obtain futures warehouse receipts, which reduces the cost of cotton. A spinning mill took advantage of the sharp drop in the recent two futures prices and even reached the limit of falling prices. It timely grabbed more than 200 tons of grade 3 double 28 lint. The price was 12,600-12,800 yuan/ton, which was 400-600 less than the local cotton ginning factory. Yuan / ton. In terms of cotton yarn sales, although the post-holiday quotations of many cotton yarn varieties have been increased by about 200 yuan/ton, most manufacturers still actively ship at the pre-holiday sales price. The price of carded 32 pure cotton yarn is 19,700 to 20,000 yuan/ton. The price of 40 combed cotton yarn is 20,800~21,000 yuan/ton, and the purpose of fast sales is to fear that the market will be affected by the epidemic and increase the risk. At present, most of the cotton yarn inventory of most factories is basically at the level of about one month, and some are lower. Most companies have now given up the 'golden three silver four' fantasy and adopt the principle of fixed production by sales and cash as the king. Article Keywords: 　Textile Mill Cotton Yarn