Cotton Yarn Price Stabilizes Or Will Usher In "Gold Nine Silver Ten"

After entering August, the overall market of cotton yarn is still weak and the price is stable, but some yarn count sales performance is good, both quantity and price increase. Most textile enterprises believe that "gold nine silver ten" is coming.

According to the previous year's cotton production plan, many enterprises will start to increase production orders in September. Affected by the rising spot price of spot cotton, the future sales quotation of cotton yarn will be increased. However, due to the uncertainty brought by Sino US trade and the impact of new crown pneumonia, China's textile export is bound to be affected in the future, and the recent rise in cotton yarn seems to be cautious. Textile enterprises will raise the cotton yarn quotation at the right time, increase the production of marketable varieties in the market, accelerate the return of funds, increase the purchase of cotton raw materials, ensure the supply of raw materials, and enhance the ability to resist risks.

The price of low and middle price yarn was 18500-21000 tons / day in Henan Province, and the price was stable at 18500-21000 yuan / ton, which was stable compared with the price of 19500-21000 tons / unit in Henan Province. In the actual transaction, if the merchants pay in cash, the price is still small.

Combed yarn is still popular in 21s, 26S, 32S and 40s in the current market, and the order situation is slightly better than that of conventional combing. The prices are 20500-21500 yuan / ton, 20800-22000 yuan / ton, 21500-22500 yuan / ton, 22000-23500 yuan / ton. At present, the order is OK, most enterprises' production lines are not full load, and the operating rate is generally 35-75%. At present, there are still enterprises which stop production during holidays.

The market of rotor spinning is general. At present, the prices of 10s, 12s and 16S are 13500-14500 yuan / ton, 14000-15000 yuan / ton and 14500-16000 yuan / ton respectively. The price is relatively stable, due to the current general market situation of rotor spinning, the market competition pressure is large, in the actual transaction process, manufacturers will have a small margin of profit margin. However, due to the shortage of funds of textile enterprises, most textile enterprises require cash settlement from customers in actual transaction.