Cotton Prices Are Falling Again And Textile Companies Are Worried About The Market.

Recently, influenced by Zhengzhou cotton futures quotations, the lint supply market has sounded another price warning after the resumption of production. Jiangsu Dafeng Industrial and Trading Company yesterday feedback three cotton to the factory price of 12500 yuan up and down a ton, compared to the early February about 13000 yuan to the factory price down about 500 yuan a ton, and yesterday, some of the textile enterprises yesterday's raw cotton to the factory price dropped to 800-1000 yuan per ton. The price of export yarn also has 200-500 yuan per ton, which appears to be different from the decline of raw cotton, but the price crisis is particularly conservative.

The industry immediately analyzed the price cut because of futures, but the real murderer is still the "new crown pneumonia" epidemic that has raged all over the world. According to reports, including the United States, Japan and South Korea, Britain, Germany and France and other countries, is blocking the new crown epidemic, closed measures involve various fields, blocked circulation, economic and social development block. Cotton and its products are global consumer products, and the disruption of production and marketing leads to the normal performance of their market and consumption adjustment. Any industry will suffer from the spread of the new global crown disease. Besides, the sales of China's cotton textile industry will be dominated by international trade. In principle, cotton prices drop and fall again, spinning enterprises can hoard some resources, while most of the first line textile enterprises have no such desire.

According to the visit to some textile enterprises in Jiangsu, there has been no economic operation rule for such a swinging cotton textile market. If you think that the current price of cotton is low, consider the replenishment of warehouses, but when the alarm of futures falls sharply, the new global crown epidemic is brewing, and the cotton textile product channel leading to the international market will not be closed for a certain day, and where the new orders of textile enterprises continue to come from, and so on. It seems to be the most stable thing to do in front of us and do it in our hands. In the past few years, most of the small and medium-sized textile enterprises, which have been developing difficultly and lacking in strength, have only been able to fight and have no strength to fight. Textile enterprises said that the negative impact of the new crown epidemic situation in China has not yet come to the surface. At present, manufacturers are worried about the next bowl of rice when the order is completed. If the next order can not be followed up orderly, the price of cotton will be lower than that of Cotton City. The healthy operation of spinning enterprises is the smooth running of upstream and downstream businesses. Based on the current market, they can only worry about the city and have no intention to visit a dangerous market in the deep sea.