Where does the yarn market go?

Recently, the yarn market has become more deserted, with fewer orders than in March, making the originally sluggish enterprises even worse. In the Foshan market, according to a company, the 26 yarns and 40 yarns that had been sold well in February and March are now gradually becoming flat. In the Shengze market, the demand for C32S and JC40S, which are mainly used in the air-jet nylon cotton series, is relatively acceptable. The transactions of other varieties are light, the pure cotton yarn market continues to be weak, the downstream procurement is sluggish, and the combed category is inferior to other varieties.　　 Because foreign trade orders were basically cancelled, many foreign trade companies switched to domestic sales, and domestic orders appeared to be extremely sought-after. In a random survey of some companies, some companies said that in order to grab orders, textile companies did not hesitate to drastically cut prices, and most manufacturers cut prices by 1,000-2,000 yuan. Even so, most textile companies said that it is difficult to get orders. Raw material purchases are also sold with orders and are afraid to stock up. Some companies with large stocks of raw materials report serious losses. Spinning mills and downstream fabric shops mainly clean up their inventory. Selling goods mainly, with a strong shipping mentality, no new orders downstream, spinning mills dare not purchase raw materials, labor, plant, raw materials and other cost expenditures, and companies are eager to return the funds from the shipments, so they repeatedly cut prices and sell prices. The war situation intensified, causing a vicious circle in the market. Some textile mills simply restrict production, shift shifts or take holidays to ease the situation.　　 Although the market is not as expected, as the epidemic improves and the economy is slowly recovering, most companies still choose to work hard and persevere rather than give up easily. Article Keywords: 　 Yarn Market