Attention Should Be Paid To Transport Problems Arising From Resuming Production And Increasing Production Rate.
Zheng cotton futures rose steadily after Monday's and two's "jump up and down". The cotton business point price has increased, but it is still below normal level. The actual price in the spot market has risen slightly, and the increase in some areas has reached 50 yuan / ton. China's cotton price index (CC Index3128B) was 13471 yuan / ton, up 13 yuan / ton compared with the previous day, and CC Index2129B was 13815 yuan / ton, up 17 yuan.
Since the beginning of this week, especially in the late weeks, the call for resumption of production and production has been increasing. The production of large provinces and even the development of specialized trains are urgent. But transport seems to be another problem. Due to the impact of the epidemic, logistics and transportation are basically in a state of stagnation. Some of the mills are facing the situation that raw materials can not be ordered to raw materials, shortage of stock materials or shortage of varieties. A cotton mill reflects that if the transportation problem can not be solved within the next two weeks, it may be faced with a situation of insufficient raw materials and no production. Warehouse also reflects that the transfer can be done after the transaction, but the transport should still have their own way of thinking. This is also the most critical factor to curb spot trading.
In addition, there are feedback from cotton textile enterprises. Recently, the United States abolished preferential treatment for WTO developing countries in China, which had certain impact on the enterprises. While other countries followed suit, the other 21 countries also had restrictive measures on China's trade in goods because of the epidemic. There was also a great influence, not only on textiles, but also on their downstream customers and factories around the development zone. Enterprises are full of worries about the future. Enterprises will still face many problems after resuming production.
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