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    Cotton Spot Stable Enterprises Purchase Mentality Different

    2020/4/28 13:00:00 64

    Cotton Spot

    "Spring is late, the spring breeze is vast." the weather in Hebei is fine and the temperature is rising steadily. Cotton farmers have opened the curtain of cotton planting, which indicates the arrival of the new cotton year. The May Day holiday is coming. With the recovery of domestic consumption, the spot market of cotton has stabilized. Because of the different business conditions of the enterprises, textile enterprises have different attitudes towards raw material procurement.

    Since mid March, with the domestic epidemic situation becoming clearer, the work of resuming work and resuming production has been progressively promoted, and the epidemic situation has been spreading rapidly around the world. Foreign textile enterprises have been blocked by the cancellation of orders, the default of orders and so on, and the domestic consumer market has not been fully restored. Weaving enterprises are more difficult to operate.

    At present, the local cotton market has experienced a substantial decline, and has maintained a slightly stable market. The sale price of local real estate cotton basically remained at 11600-11800 yuan / ton (gross weight, self raised ticket price), which was affected by sales difficulties. Cotton enterprises basically did not buy seed cotton after the festival, and real estate cotton sales were slow. The enterprises said that there was basically no sales turnover after the holiday. At present, the market is not good enough, and the loss is heavy. Most of the Xinjiang cotton stocks are selling at point price according to Zheng cotton futures market. Since entering mid April, the market of zhengmian futures has maintained a trend of concussion, and the price of textile enterprises is much more than 11000-12000 yuan per ton. It is reported that the main reason for maintaining the stable situation of cotton market is: on the one hand, the current domestic epidemic situation is clear. With the resumption of business, students resume classes, and the consumer market is restored. People's confidence in domestic economic recovery and stability has been enhanced. On the other hand, the inventory pressure of the cotton market is small. Although the sales of cotton enterprises are difficult, the state has bought and sold some of the high-grade cotton this year, so the textile enterprises still need high quality cotton.

    At present, the cotton market is running at a low level. Enterprises holding domestic orders continue to maintain normal production and maintain a more positive attitude towards the price of raw materials. The heads of enterprises are optimistic about the cotton market in the future. They say that under the circumstances of the current government loan reduction, reduction (exemption) rent and the reduction of water and electricity costs, there will be more than 28 levels of quality at the right time. Cotton. With the advent of May Day, some textile enterprises also indicated that orders were few, holidays would be extended or extended periods could be spent in the current difficult period. With the efforts of various countries, most people expect that the economy will gradually return to normal in the second half of the year.

    "We should know the east wind and the spring," and look forward to the global recovery as soon as possible. With the coming of the 5G era, people's consumption habits are changing, and the cotton industry is expected to serve customers online.
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