Cotton Fell To 20000? &Nbsp; When Will The Spinning Mill Get Out Of Trouble?
Recently, China
Cotton price
The fall is stable, but
market
The wait-and-see atmosphere is still strong, textile enterprises.
Purchase
The enthusiasm of cotton is still not high, mainly due to the difficulties in product sales, the serious backlog of funds, and no optimism for the downstream market.
"Although the price of cotton is stable now, the downstream price is still very high for the current cotton price. It is considered that 20000 yuan / ton is more suitable, so the pick-up is still not positive."
Hubei textile company responsible person introduced, "our factory now yarn inventory has been one and a half months, this is because of limited production, if not limited production, I am afraid the stock will have to break through for 2 months.
In the past, there was still some conflict between losing money and selling, but now it is all numb.
Most of the current textile sales have been investigated and considered that the terminal consumption is shrunk. However, it is certain that the purchasing methods of middlemen have changed.
When cotton prices and yarn prices skyrocketed, middlemen thought that they could make a profit, the order was positive, and the stock could be stored for 1-2 months or even longer. But now, when the upstream price is weak or stable, the middlemen do not have the impulse to hoard goods.
In other words, before the middleman's inventory is 1-2 months, the producer is half a month or so, but now the opposite is true. The inventory of the middlemen is half a month, and the producer is 1-2 months. This causes the capital of the production enterprises to be heavily occupied and the operation is difficult.
For the late cotton market trend, most of the surveyed textile enterprises hold a wait-and-see mentality, and think that they are mainly looking at the downstream sales situation. If the textile mill continues to "indigestion", the purchase of cotton and other textile raw materials will still be difficult to start.
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