Market Turnover Is Still Cold &Nbsp; Late Will Pay Close Attention To Yarn Sales.

Market paction

Still cold, cotton shipments continue to enhance the mentality of the lower market outlook.

Due to the high price of cotton and the high cost of yarn, the inventory of textile enterprises is large, sales are sluggish, and the pressure of funds is very high. Many small textile enterprises have ceased production, and larger enterprises are in semi stop production or start spinning polyester cotton yarn or pure polyester yarn, and the demand for cotton is reduced to the lowest.

The low price of cotton by-products has led to the continued weakness of seed cotton acquisitions. The acquisition of two provinces in Shandong and Hebei is almost at a standstill.

chemical fiber

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