The Price Of Cotton Yarn Dropped By 1000 Yuan / Ton Compared With The Beginning Of March.

National cotton market monitoring system Anhui monitoring station news, through the investigation of different scale cotton textile enterprises in Anhui Province, affected by the new crown pneumonia epidemic situation, cotton yarn sales prices fell deeply in the past month, cotton yarn sales were deserted, volume gradually shrank, product inventory increased, cotton mill survival pressure highlighted.

The spread of the new crown pneumonia epidemic in the world has led to the cancellation or withdrawal of textile export orders, a large backlog of textile factories, and a difficult sale of cotton yarn. Beginning in mid March, the sale price of cotton yarn opened up a downward path, all the way down, down and down. At present, the price of 32 cotton combed cotton yarn has dropped to 18600-18800 yuan / ton, and the sales price of 40 pure cotton yarn has dropped to 19500-19800 yuan / ton, which is down 1000 yuan / ton compared with the beginning of March. The price is down, and sales are flat. In addition to a few factories that produce marketable products such as hygienic materials, most manufacturers have very few orders, and they are all urgent, quick and small bills. Most of the products are in a state of no market price, and sales have dropped sharply. Especially since April, cotton yarn sales have become more and more difficult, and some small factories seem to have pressed the "pause button" for the sale of cotton yarn.

The head of a small factory in Anqing said that the shipment of cotton yarn was quite difficult. The sales manager of a cotton mill in Chizhou said that the daily sales of cotton yarn in the factory accounted for only half of the cotton yarn production. With the gradual increase of cotton yarn inventory, the working capital is becoming more and more difficult. Most cotton mills are under the pressure of survival. Despite the recent rise in cotton and cotton yarn futures prices on a few trading days, the sale price of cotton yarn has temporarily stabilized, but sales have not been changed. Cotton mills are generally pessimistic about the market outlook. Many factories consider putting the "May 1" fake decompression in advance, and the holiday is extended to 7-10 days.