According to feedback from small and medium-sized cotton textile enterprises in Shandong, Henan, Hubei and other places, since mid-December, enterprises have had insufficient orders in the first quarter, and the gauze inventory rate has increased. According to the immediate cotton spot price, cotton yarn with counts below 40S has experienced a slight inversion. In addition, the impact of the epidemic on The impact of the weaving industry in Zhejiang and Guangdong has caused the operating rate of some yarn mills to continue to decline. Before the Spring Festival, they mainly focused on completing orders, delivering goods in time, and collecting payment. Considering that the inventory of raw materials such as cotton and polyester staple fiber is low, the centralized replenishment will be postponed until early February 2022.
Judging from the survey, some weaving and garment companies in coastal areas such as Guangdong, Jiangsu and Zhejiang may go on holiday around mid-January, one week earlier than in previous years. On the one hand, it will help alleviate the pressure on companies from insufficient sales orders and rising finished product inventories; on the other hand, it will Some employees from other provinces and cities went home to visit relatives and celebrate the holidays. Entering winter, local cases of the new coronavirus epidemic continue to appear in some provinces in my country, and they are blooming in many places. Therefore, various places have raised the epidemic level, tightened prevention and control policies, and taken vacations in advance.
A medium-sized yarn mill in Dezhou, Shandong Province said that at present, cotton yarn traders in Jiangsu, Zhejiang, Guangdong and other places are relatively rare in stockpiling before the Spring Festival. Short-term procurement by terminal cloth factories, fabrics, and garment factories has adjusted to a buy-as-you-go strategy, and efforts have been made to collect payment for goods. There are more and more cotton spinning mills, making it more difficult for the spot price of cotton yarn to stabilize and rebound. It is understood that since mid-December, the price range between bonded C32S high-balancing bleached cotton yarn and domestic yarn has been stable at 300-500 yuan/ton (trader quotation), and it lacks competitiveness. The impact on domestic cotton yarn receiving orders and contract performance is not prominent. .
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