Cotton Market Soars, Textile Enterprises Respond Cautiously

 

From the perspective of the Yangtze River Basin, the cotton area has been declining year after year. This year, the seed cotton production has decreased. Some of the early maturing seed cotton are still stored in farmers' homes. Some rural purchasing agents are still actively purchasing seed cotton and old cotton. As for the purchase price of new cotton this year, farmers only know that it is higher than that in previous years, but how much higher it is, and what price can be sold, some cotton farmers are also at a loss.

 

Local cotton farmers said that due to the small amount of seed cotton in hand, they were not in a hurry to sell. In the face of soaring cotton prices, a small number of agricultural operators and large households with a certain amount of seed cotton are also looking forward to higher cotton prices. Therefore, at present, there is no bulk sale of cotton in the mainland. Even if there is some concentration, most of them are in the hands of cotton vendors. The average purchase price is about 4.00-4.50 yuan / kg, grade 3 is negative and grade 4 is positive, percentage of clothing is 36-38%, and the sum of water and water is about 12 o'clock, The overall acquisition market is still calm.

 

With the rapid rise of cotton market, most small textile factories, small cloth factories and home textile enterprises in Jiangsu coastal areas generally adopt a cautious attitude, and are not eager to stock up on large stocks. Enterprises often adopt the strategy of "frequent purchase, fast sale and low inventory".

 

It is understood that at present, the cotton price in Northwest China has exceeded 20000 yuan / ton (medium standard level), and the sales price of 32S cotton yarn is 26000-28000 yuan. Enterprises always pay attention to the trend. The measures of limiting production and power failure in many places have restrained the production capacity of enterprises, resulting in the reduction of production capacity and production of textile enterprises, thus slowing down the purchase of raw materials.

 

In the textile industrial park in the coastal area of Northern Jiangsu, some textile enterprises suspended the purchase of raw materials due to production restriction, and took the way of holiday shutdown.