Textile Enterprises Lack Confidence In Market Outlook, Reduce Efficiency, And Buy Passively.

No signs of rebound in the market, imports of cotton, real estate cotton sales flat, picking cotton seeds in the new year.

Textile enterprises lack confidence in the market outlook, reduce efficiency and buy passively.

Most cotton yarn prices remain unchanged, but part of the capacity of larger textile companies comply with the market price reduction promotions.

The combed yarn is concentrated in bulk and spinning.

Good parts are also available.

Combed yarn orders for shipment, demand is not much, export volume has not increased.

Slow demand.

The middle and low end printed sheet products are mainly sent, and the quality and activity of all cotton bed decoration fabrics are flat, most of which are bulk bulk orders.

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August 29th was the last 1 days for the current round of cotton reserves, but the performance of the auction market was still flat.

According to relevant textile enterprises feedback, this is mainly due to the quality of cotton reserves do not meet the production needs of enterprises and the market is still adequate resources for cotton.

Some traders quoted 16250 yuan / ton of printed cotton in August 29th, and the quality is expected to be below medium level.

According to the company, the 40% customs clearance rates of the West African cotton and India cotton are generally around 16500 yuan / ton, and the price of black cotton is 16700-16900 yuan / ton, and some new domestic flowers can also be purchased.

In view of the current price of cotton futures 1501, textile companies are afraid to increase the start-up rate. Many textile companies still have plans to reduce production, so there is no problem in maintaining the existing cotton market until the beginning of October.

Whether the cotton consumption will continue to decline, the enterprise also depends on the yarn market, the current spot price of cotton is about 17000 yuan / ton, if the price falls below 16000 yuan / ton, the price of yarn will further decline.