According to the survey of small and medium-sized cotton textile enterprises in Jiangsu, Henan, Shandong and other places, the procurement of raw materials such as cotton, polyester staple fiber, viscose staple fiber and other raw materials has generally been weak since mid-May, and some spinning mills have even suspended inquiries. Price and delivery will be postponed to mid-to-late May.
In sharp contrast to the willingness of cotton companies to put a lot of resources into “listing”, quoting, selling, and clearing stocks, buyers such as cotton textiles and middlemen are looking more and doing less. It is understood that in recent days, inquiries and shipments of conventional cotton yarns such as C40S, C32S, C26S, and C21S in coastal areas such as Jiangsu, Zhejiang, and Guangdong have continued to improve (especially the transaction of 40S cotton yarn has been relatively smooth). Orders for 50S and 60S high-count carded and combed yarns are also picking up compared to March and April. Spinners are working hard to arrange production. It is expected that cotton spinning mills’ raw material replenishment will finally start in mid-to-late May, and the probability of cotton and cotton yarns rising in resonance is relatively high. big.
Why has the replenishment progress of textile companies since late April been lower than industry expectations? The author briefly summarizes the following reasons: First, the traditional “Gold, Three, Silver and Four” are coming to an end. Although there are some domestic autumn and winter orders and export orders to support the off-season market, the epidemic situation in Southeast Asian countries such as India, Pakistan, and Bangladesh is full of uncertainty. Certainty, coupled with the fact that the orders returned in the early stage are mainly short-term and small orders, textile companies are very cautious in accepting orders, and the growth in cotton demand is not large; secondly, in order to circumvent the import ban imposed by the United States on Xinjiang cotton products, some domestic cotton spinning mills have Adjust the product structure and increase the production capacity of chemical fiber yarns and blended yarns. Some weaving mills, fabric and clothing companies have also increased their purchases of imported cotton yarn, which has had an impact on the consumption of domestic cotton yarn. Third, from the survey, some small and medium-sized cotton spinning companies generally have tight cash flow, and raw materials can only be used as needed. Buy as you go. </p
