Cotton Prices In Dezhou, Shandong Continued To Decline By &Nbsp; Textile Enterprises Began To Price Promotions.
Recently,
Electronic disk
Unstable oscillation, a large scale in Shandong
Spin
Group downgrades
lint
Purchasing price and the state issued "2011 cotton temporary storage and purchase plan" and other factors, the price of lint, seed cotton and cotton yarn in Dezhou, Shandong continued to decline, and the purchase and sale of the market basically stagnated.
In April 7th, the local 3 grade cotton
offer
28500 yuan / ton (pick up, gross weight, take the ticket, the same below), 4 level 28000 yuan / ton, weak 4 level 27500 yuan / ton, all lower than the Qingming Festival before 500 yuan / ton, cotton enterprises average
Inventory
At about 190 tons, which accounts for 12% of the purchase volume, cotton prices continue to fall, cotton enterprises are less confident in the market outlook, sales will increase, seed cotton purchase prices are down, and 3 seed cotton quotations are 5.80 yuan / kg (36% of lint, 10% of moisture regain), 4 5.60 yuan / Jin, and 5.50 yuan per kilograms, all of which are reduced by 0.15 yuan / Jin before the Qingming Festival.
In addition, recent yarns
Market sales
Still unsmooth, spinning enterprise inventory continued to increase, generally through the price to increase sales, at present, pure cotton yarn C32S mainstream paction price is below 37000 yuan / ton, the high price offer in 38000-38500 yuan / ton, all before the Qingming Festival reduced by 300 yuan / ton, most manufacturers are close to the cost line, the opening rate is generally low, individual enterprises simply stop production.
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