Sino US Economic And Trade Consultations, Textile Enterprises Again Optimistic About Cotton And Yarn Market After The Festival

By the end of the month, the annual Spring Festival is coming, and textile mills have been closed down since last week.

By understanding the current situation of the international and domestic cotton market, most manufacturers are optimistic about the post holiday market.

It is reported that the new round of Sino US economic and trade consultations held in Washington, D.C., was held on from January 30th to 31st for two days. This marathon trade war has brought different effects on various industries at home and abroad. The import and export trade of textile industry has also been battered. But over time, the domestic textile industry has gradually adapted to the impact of external uncertainties, and most manufacturers have gradually made various preventive measures.

The Sino US trade war has been postponed and the relative friendly consultations in recent years have been beneficial to the domestic market. Many textile factories are optimistic about the market after the festival.

A textile factory in Shandong reflects that the yarn prices before the festival are relatively stable, and most manufacturers are actively returning the funds to remove part of the order demand and try to achieve no inventory sales.

In a textile factory with a scale of 50 thousand in Hebei, the price of 32 yarn sold before the festival is 24200 yuan / ton, and there is basically no inventory at present.

Due to the reasons for vehicles and orders after the holidays, the factory purchased 500 tons of lint cotton before the festival, plus the original stock, which was enough for twenty days after the holiday.

Most factories have a rising view of post market lint and yarn prices.

First of all, the inventory is limited, especially the yarn, before the textile mill has a large number of inventory products, plus the cost of storage, the market after the festival is bound to rise.

Similarly, before the beginning of the cotton trade, the desire for cotton can not rise, most of the cotton mill stock is insufficient, the price of seed cotton is hard to drop after the festival, the cost of lint is higher, and the probability of easy to rise or fall is bigger.

In addition, because of the limited lint stock in the mainland, the cost of lint and pportation in Xinjiang will also increase.

Of course, the late lint rise and fall should be adjusted according to the yarn market.

New year's new trend, 2019 will be a year of opportunities and challenges, I believe that textile enterprises will be more mature and rational attitude to respond successfully.