Ji Lu Yu: Near The Spring Festival, The Cotton Yarn Market Is Low, And The Collection Of Various Manufacturers Is Accelerating.

As the Spring Festival holidays are getting closer and closer, the process of collecting money from manufacturers is also accelerating. They are faced with pre tax wages, less working days in February, and the hard task of paying wages again after the holidays. Moreover, the overall demand is limited, and the benefits of factories are almost the same. Therefore, if there were difficulties before, it would be very unlikely to find mutual help from clients.

It is reported that a factory in Hebei plans to refund 30 million this month to ensure all the expenses, but up to now only 15 million of the money is returned, resulting in raw materials can not be purchased normally, and the wages before the Spring Festival have not yet come down.

Recently, the price of cotton yarn in Hebei, Shandong and Henan provinces is still in a mess. The middle and low level operations are the main ones. Sales volume has not seen any obvious improvement. The stocking condition is not good before the festival, and the market of the downstream factories is limited. Most of the manufacturers have the on-line level, and the small and medium sized enterprises that have difficulty in the operation are not in the minority.

The overall performance of polyester cotton yarn market is better than that of pure cotton yarn and cotton yarn market.

At present, the market is relatively busy for printing and dyeing factories, mostly for orders before rush hour.