Spinning Enterprises To Take The Initiative To Reduce Prices And Reduce Risk, There Are Few Transactions In The Market.

Jiangsu information staff feedback, 2020 Spring Festival due to the "new crown pneumonia" blocking the extension of the holiday is approaching the deadline. At present, most small and medium-sized textile enterprises and cotton enterprises have some problems in addition to the resumption of work after the holidays. The cotton price and its by-products after the epidemic become the focus of the industry.

It is reported that after the cotton market has not yet started epidemic, and the market price trend is unknown, some spinning and weaving enterprises with a size of about 20 thousand yuan in Yancheng, Jiangsu have voluntarily lowered the temporary quotations that the company intends to make, so as to consider and avoid market risks ahead of schedule. Such as Dafeng textile enterprises in February 12th combined with the upstream and downstream production and marketing situation, cost factors and the impact of the epidemic on the next market, etc., the comprehensive acceptance price of raw cotton inspection is 2129 yuan per ton, 13800 yuan per ton, 1128 yuan per ton 13600 yuan, 3128 tons per ton 13500 yuan, 4128 13200 yuan per ton. This price is about 300-500 yuan lower than that before the check up to the factory price per ton. Although the market is not feasible, the enterprise is only a provisional estimate. The market changes will also guide the enterprises or make the enterprises adjust their real time in real time. The real operation level is high or lower than the current level of assessment. All will be "has the final say in the market". I understand that, before the deadline, several textile enterprises that had been monitored did not actually make a deal.

It is also understood that the price of cotton by-products, such as cottonseed, cottonseed meal, cottonseed oil and cotton by-products, is also lower than that before the holiday. The price is 200-500 yuan per ton, which is the same price as the cotton price. It will eventually operate in line with the price after the normal operation of the epidemic market, and it will not be authoritative and representative in the current cotton price system.