The Price Of Textile Raw Materials Is Much Lower Than That Of Orders.

The global outbreak of new crown pneumonia is rampant, and countries are impeded by the outbreak of the epidemic and impeded by economic and social development. Affected by it, domestic cotton prices continued to drop sharply in the middle of 3, and the price of the three grade cotton in the Yangtze River reached 12300 yuan / ton below the factory price, which was reduced by more than 700 yuan / ton to the factory price at the beginning of 13000 in February.

The turbulent cotton spinning market has no rules for economic operation. In the short and medium term, the market continues to explore and rebound, making it difficult for enterprises to grasp production and marketing. Therefore, although the current cotton price is low, few textile enterprises consider the replenishment of warehouses, stock raw materials and products are all lowered to a low point. A lot of small plant raw materials inventory in Yancheng, Jiangsu is less than one month. At present, more manufacturers are worried about the continuity of orders when the order is completed. If the next order can not be followed up in an orderly way, it is expected that some enterprises will be forced to stop production and stop production again.