According to feedback from some weaving companies and foreign trade companies in Jiangsu, Zhejiang, Guangdong and other places, since mid-to-late December, with the release of spring and summer orders, the order-taking situation of some enterprises above designated size has improved, and inquiries and order intentions for textile and apparel orders have begun to increase. , but mainly orders for non-Xinjiang cotton.
Judging from the survey, although orders from cloth factories and traders in coastal areas are picking up, the following three factors make companies cautious in accepting orders in January: First, the delivery time for year-end orders is generally tight, and manufacturers are only given 15-20 days. During the order delivery period, once workers take leave early or for other reasons, it is difficult to complete orders on time; secondly, many dyeing factories in Jiangsu, Zhejiang and other places will have a holiday in mid-January, and are currently working overtime to complete early orders, and new orders can only be scheduled. After the Spring Festival; thirdly, the credit sales time for orders delivered in January and February is longer, and cloth factories and clothing companies are worried about the difficulty in getting payment back.
Cotton spinning mills in Henan, Shandong and other places said that Zheng cotton futures have continued to fluctuate and rise recently. Weaving mills and light textile market traders started replenishing their stocks before the year, and the pressure on cotton yarn accumulation has been slightly relieved. However, most textile companies have not raised their cotton yarn quotations. The price rise is worried that it will affect the withdrawal of payment at the end of the year and the execution of early contracts.
It is understood that due to the large differences in orders received by cotton spinning mills and different cotton yarn inventories, as well as the different cash flows and cotton costs before the end of the year, the quotations of cotton yarns vary greatly. For the same C40S cotton yarn, the quotation difference reaches 500-800 yuan/ton. It is not uncommon for some traders with sufficient funds and low inventories to stock up on stocks before the Spring Festival. They mainly focus on conventional yarns, such as C32 and C40 carded medium and high cotton yarns, while there are very few high-count yarns and combed yarns.
</p
