
Hebei, Shandong and Henan regions: The actual transaction price of conventional yarn is generally low
Release time:
2024-08-08 14:56
Today's cotton market is in a state of imbalance between supply and demand. Although cotton enterprises have tried every means to learn from last year's experience and lessons, and no longer take the approach of greedy high prices and gambling on the future market, they have strengthened sales work and accelerated the speed of cotton circulation in the case of small profits or small losses to avoid risks, but the sales situation is still unsatisfactory. The domestic textile market continues to be in a cold winter, and there is no obvious sign of warming up in the short term. At present, textile enterprises are under great pressure in production and operation, sales are in trouble, and orders are less than the same period last year. The performance of textile enterprises in Hebei, Shandong and Henan is also different. According to a company in Henan: According to the survey of more than 100 cotton textile enterprises in Shandong, Henan and other places, the profit level is at the level of 10%, most enterprises are in a loss state, and small and medium-sized enterprises are mostly in a state of production reduction, conversion and suspension. These reasons have seriously affected the sales of the cotton market.
Recently, orders in the yarn market in this region have continued to shrink, textile companies have generally reduced production, and prices are chaotic. They are eager to deal with inventory and recover funds at the end of the year. The actual transaction prices of conventional varieties are generally low. Whether it is the cotton yarn market, polyester-cotton yarn market or rayon yarn sales, they are all on a downward trend. There is no good news in the short term, and it seems that the only option is to maintain the status quo.
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