- Tell： 0086-516-88400888
- Fax：0086-516-88400888
- E-mail：xzhphx@163.com
- Address：Industrial Zone, Liji Town, Suining County, Xuzhou
1. Raw material market
In May, cotton prices at home and abroad fluctuated slightly, and the overall trend was relatively stable. On May 28th, domestic 3128B grade cotton was offered at 1,1990 yuan / ton, up 285 yuan / ton from the same period last month. Most textile companies did not intend to increase the stock of raw materials. The raw material inventory of the company is maintained at about 1 month.
The sales of cotton yarn market have increased compared with last month, mainly due to the relatively low price of cotton yarn, traders and some weaving companies with less up-front stocks to supplement the stocks every bargain, the willingness to purchase is strengthened, but the price is still weak, and the profit of spinning companies Not good. Among them, the sales of 32 and 40 conventional cotton yarns are relatively good, the prices are basically stable, and the inventory pressure of enterprises has slightly decreased; the demand for high-count cotton yarns and combed yarns remains weak, and the actual transaction profit margin is large, and the inventory pressure of enterprises Not reduced. About 80% of the company's yarn inventory is around 1 month, and the operating rate remains at the level of the previous month.
2. Weaving market
The weaving market has slightly improved, and the domestic market has gradually started. Some enterprises have placed orders until June. Inquiries from the overseas market have increased. A small number of orders have been received in some areas, but the overall order situation has not improved significantly. Enterprises that have no orders choose to produce conventional varieties in order to maintain normal operation, and the overall operating rate is currently maintained at about 60%. In terms of inventory, the slight increase in orders and the speculative purchases of some traders led to a slight decline in the inventory of weaving companies. At present, 85% of the gray cloth inventory of the surveyed companies is around 1 month.
Corporate capital pressure is generally greater, and grey cloth quotations are confusing. Except for the relatively good sales of individual varieties, the price has increased by 0.1-0.2 yuan / meter, and other varieties are still weak. In terms of different markets, the sales of conventional varieties in the Nantong market were not satisfactory in May. Some of the foreign trade companies started to ship orders that were stagnant. The inquiry has increased, and the orders of printing and dyeing companies are insufficient. The market situation is still not optimistic; The operating rate has risen, product quotations have risen, sales of conventional products have been smooth, and the overall situation has improved. In terms of profit, with the increase of domestic sales orders, product quotations gradually returned to normal. At present, weaving companies basically maintain capital preservation, and some companies are at a loss.
3. Outlook
The current international epidemic situation is still grim. With the accelerated pace of resumption of work in countries such as Europe and the United States, trade, transportation, retail and other industries are gradually recovering. There has been a partial return of foreign trade orders, but the degree of social isolation in some countries is still being strengthened. The domestic macroeconomic policy support continued to increase. In the government work report on May 22, it was pointed out that to help enterprises, especially small, medium and micro enterprises, and individual industrial and commercial households overcome difficulties, we must increase tax cuts and fee reductions, and promote the reduction of enterprises. The cost of production and operation should be strengthened to stabilize the financial support of the enterprise, focus on stabilizing the enterprise to ensure employment, and provide a strong guarantee for the normal operation of the textile industry chain. The epidemic has led to a global economic recession, and the recovery of consumer demand is a slow process. In the short term, if downstream orders do not improve significantly, it is expected that the production and operation pressure of textile enterprises will remain high in June.
Xuzhou Heping Chemical Fiber Co., Ltd. is a professional manufacturer and sales of polypropylene high-strength yarn, polypropylene industrial yarn, polypropylene high-strength yarn, high-strength polypropylene network yarn, split film industrial yarn and other polypropylene products, which are well received by the market.
If you want to know more product information, please contact: Mr. Wang 187 5178 8889 Website: http://www.cdot.net.cn/