Cotton Yarn Price Center Of Gravity Has Moved Down, Weakening Market Demand

2022/4/12 9:59:00 115

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The severe situation of domestic epidemic situation further weakened the market demand for textile and clothing. At present, there are few new orders in the pure cotton yarn market, and the market transaction is sluggish. Cotton yarn price center of gravity has moved down, the actual transaction is further reduced.

At present, the inventory situation is accumulated. In recent years, the demand for grey cotton fabric has continued to be weak, inquiry and transaction are very rare, the market activity is poor, the price is basically maintained without market, and the orders of weaving mills are scarce. The orders of large-scale weaving mills can only be maintained until the end of this month, but at the same time, the proportion of regular varieties on the machine has also increased.

Due to the poor performance of the current downstream market, textile enterprises only buy cotton raw materials as they use them, so they are more cautious in purchasing. According to the statistics of the Xinjiang verification point of the national cotton trading market, as of the week of April 10, the transportation volume of cotton out of Xinjiang by road totaled 25100 tons, a month on month decrease of 7200 tons, or 22.2%; A year-on-year decrease of 60000 tons, or 70.5%. From the data of Xinjiang cotton shipment, the overall sales progress was significantly slower than the same period last year.