According to feedback from cotton textile mills in Jiangsu, Zhejiang and other places, as of mid-to-late June, the order volume of printing and dyeing companies in Suzhou, Changzhou, Shaoxing and other places is still relatively low, and the operating rate is generally 60-70%, which shows that terminal clothing and fabric customers The order is still not ideal.
A medium-sized weaving factory in Shaoxing, Zhejiang Province reported that the company’s comprehensive operation rate of rapier and air-jet looms is currently around 60%, and the consumption of cotton yarn is only 35-40% of the peak period in the previous two years. On the one hand, all cotton gray fabrics There are few orders and there are more short orders and small orders; on the other hand, the impact of the United States and the European Union’s escalation of the Xinjiang cotton ban is still fermenting. The industry must not only observe and understand how the U.S. Customs and Border Protection traces its origins and enforces the standards, but also thinks about it. How to provide evidence standards to foreign buyers.
A 60,000-spindle spinning company in Jiaozuo, Henan said that the factory’s orders for OE8S-16S cotton yarn have been relatively good since May, mainly supplying denim factories in Foshan, Zhongshan and other places in Guangdong. The company’s flagship product is high in C32S and C40S cotton yarn. The orders are relatively small, mainly to maintain the purchasing needs of several long-term cooperative customers, and to store as little or no finished products as possible to reduce the risk of a large amount of raw materials and finished products tying up capital flow. The company’s cotton procurement focuses on Xinjiang’s low-basis, medium-quality spot and 2021/22 real estate cotton, requiring warehouses in Henan, Shandong, and Hebei to pick up the goods. Due to too few orders for high-count yarns and high prices for long-staple cotton, the factory stopped accepting orders for carded and combed yarns of 50S and above in May and June.
In the past half month, the main contract of Zheng cotton has fallen from 20,350 yuan/ton to 16,505 yuan/ton, causing cotton basis quotations and fixed prices to fall across the board. However, textile companies do not buy it. Not only do they not have large-scale and centralized replenishment of raw materials, On the contrary, pessimism continues to spread, and it is not uncommon for some small textile companies to reduce or suspend production.
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