The Spring Festival holiday is approaching, and textile companies’ order quantities, raw material procurement, and finished product transportation have shown different performances. Some have taken the holiday in advance, some have slowed down the purchase of raw materials, and some have limited production and waited. These situations may have an impact on cotton and yarn fabrics. Short-term price trends will have an impact, but cotton and yarn prices in various places stabilized during the Spring Festival, so the impact will be limited.
An industry insider analyzed that the prices of cotton and cotton yarn have both jumped since the National Day in 2020, and have continued for 4 months. Although there have been fluctuations during the period, the “high” momentum has not changed. Today, cotton prices and yarn prices have both increased by more than 10% compared with 4 months ago. The simultaneous upward trend of cotton and cotton yarn has not only not brought an embarrassing situation of high import and low export to enterprises, but has brought about a situation of booming production and sales.
Currently, the international cotton and yarn markets are on an upward trend. Relevant people gave examples to prove that at the end of January, the quotations of C32S cotton yarn in India, Vietnam, Uzbekistan and other countries were hovering at 23,500-24,500 yuan/ton, which was significantly higher than the first three quarters of last year, and the frequency of uploading downstream orders to upstream textiles was relatively high; several domestic The quotation of C32S cotton yarn in the large yarn trading market and China Textile City has recently been above 24,000 yuan/ton, which is also significantly higher than the market price three or four months ago. The relatively high and stable yarn and clothing consumer market at home and abroad has become a solid foundation for the favorable development of the large textile market.
It is understood that the Spring Festival is approaching, and factors such as the epidemic, holidays, logistics, and foreign trade have caused the overall operation of the cotton spinning industry to slow down. This cannot yet constitute a decisive factor in the rise or fall of cotton and cotton yarn prices. It still mainly depends on the trend of the epidemic. , so the current floral yarn price will maintain a volatile trend. </p
