Textile Enterprises Replenishment Of Raw Materials Will Soon Increase Pressure On Acquisition Funds

The monthly profit is deficit and the water is full. The market thinks that cotton price has reached the bottom, and it will rebound slightly in the near future, so the seller's wait-and-see sentiment is strong.

The seed cotton purchase process in the Yellow River Valley is slow, and the acquisition progress is about 40%.

The price of seed cotton in each cotton region is more chaotic.

The price of brokers is inconsistent, and prices vary in different regions.

As of November 4th, the mainstream price of seed cotton in Shandong and Hebei was 7.40-7.60 yuan / kg, which fell by 0.10 yuan / kg compared with the previous week, and the seed cotton market was extremely cold.

At present, the cotton enterprises are hard to sell in cash and the pressure of purchasing funds is increasing.

In November, most of the cotton reserves in the early stage of bidding were exhausted, and the replenishment of raw materials was expected to start in the near future.

As of November 4th, Xinjiang cotton stabilized, and Akesu, Kashi and other places of fine cotton 37-38%% lint seed cotton price 7.10-7.20 yuan / kg, 40% lint seed cotton price 7.35-7.40 yuan / kg, remained stable, at present, "double 29" Xinjiang cotton output price 15700-15800 yuan / ton; long staple cotton price lattice rebound, Awati long staple cotton 33% lint seed cotton purchase price 7.30-7.40 yuan / kg, compared with the beginning of the week rose 0.10-0.15 yuan / kg.

Cotton yarn, textile raw materials replenishment soon, is expected to usher in a wave in mid and late 11.

Peak, many textile enterprises try to push up the price of products, but from the downstream point of view, the price of products is not easy to rise.

It is understood that the recent gray cloth enterprises generally operate, prices are stable, shipments have slowed down compared with earlier.

Most cloth factories do not reflect a lot of hoarding.

The price of domestic yarn is mostly negotiated according to the market price of cotton yarn.

The price of combs 32S and 40S in a factory in Shandong is 21000 yuan / ton, 22800 yuan / ton respectively. During the actual paction process, the manufacturers usually give up 50-100 yuan / ton by way of subsidized freight.

In addition, the governance of environmental pollution in Beijing, Tianjin and Beijing has been strengthened recently. Almost all small textile enterprises and printing and dyeing enterprises involved in pollution have been shut down. The market of low spin yarn is heating up, and individual prices are rising.

In terms of imported yarn, the price of India Pakistan yarn has been declining continuously due to the recent drop in cotton prices in India and the reduction of production costs.

In November 4th, India's C21S, C32S and JC32S CNF quotations were 2.50-2.51 US dollars / kg, 2.61-2.63 dollars / kg, 2.85-2.88 dollars / kg respectively, all of which fell by 0.03-0.05 cents / kg compared with the beginning of the month.

At present, the import yarn Library of Port Free Trade Zone and logistics area has about 75 thousand tons and keeps stable.