China Cotton network news: According to the feedback of several cotton textile enterprises in Anhui, Jiangsu, Shandong and other places, since mid-April, in addition to C40S, C32S, polyester cotton, cotton and other mixed yarn inquiry and shipment is relatively smooth, air spinning, low-count ring spinning and C50S above the high-count yarn transaction continued depressed state, cotton yarn accumulation rate gradually increased, the phenomenon of enterprise operating funds being occupied has increased.
The arrival of the May Day holiday, some small and medium-sized cotton mills in May production will be significantly higher than in March and April, cotton and other raw materials inquiry, procurement lack of enthusiasm, the festival downstream and consumer terminal wait-and-see sentiment is strong, on the one hand, cotton textile, clothing domestic market is about to enter the traditional sense of the “off-season”; On the other hand, most of the small and medium-sized textile enterprises C40S below the number of cotton yarn production and marketing is still in the “upside down” state, the more orders means the greater the loss.
From the point of view of the quotation, recently Henan, Shandong, Jiangsu and other internal storage 3128B grade Xinjiang machine picking cotton quotation and cotton mill C3S2 in the package cotton yarn price difference of about 6000-6300 yuan/ton, cotton yarn futures CY2409 and CF2409 contract plate price difference is only 5600-5650 yuan/ton, for mainland textile enterprises, Spinning C32S and below count cotton yarn loss is relatively large. Although C50S and above the number of combed/combed cotton yarn has profits, but in March and April, the new orders are seriously insufficient, and the inventory has gradually risen, leading to a large part of the cotton mill in a dilemma.
Because the inventory of finished products in the cotton mill and the inventory of traders are relatively small, and the domestic demand for medium cotton yarn is picking up at a stage, the opening probability can still be maintained at 70-80%. As the impact of imported cotton yarn and imported cotton fabric increases and blended yarn substitutes for pure cotton yarn become more and more strong (some clothing and fabric enterprises use ring spun polyester cotton yarn instead of pure cotton yarn in order to reduce costs), the difficulty of operation continues to rise, and in May, production conversion, production reduction or passive choice of some small and medium-sized textile enterprises. After all, mainland textile enterprises must face multiple pressures from Xinjiang enterprises, imported cotton yarn, and the status quo of high costs and low profits.
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Post time: Apr-25-2024