The downstream textile industry is picking up

The downstream textile industry ushered in a rebound, business orders are better than before December, especially foreign orders, which cannot be separated from Christmas, New Year's Day and other holiday effects driven, Zheng cotton also took advantage of the spot sales improvement rose a wave. Entering January, the market will gradually enter the off-season, in addition to the price support generated by expected replenishment, orders will enter the off-season. How much impact this has on Zheng cotton needs to be observed, but from the perspective of the big trend, in the atmosphere of the entire commodity correction, Zheng cotton is only a rebound trend at present.

The domestic cotton yarn price is stable and small, the finished product inventory of textile enterprises has declined significantly, the inventory pressure is reduced to promote the recovery of the cotton mill and the replenishment of raw materials, and then the recent cotton spot transaction is relatively good. At present, the short-term cotton yarn market continues to improve, especially 40 to 60 medium and high count yarn, and individual mills said that they have received May. However, the cotton mill believes that the current cloth factory has been near the end of the year stock, and whether the market can continue after the year is not optimistic, so the overall try to go to the warehouse as much as possible, and the raw material procurement is cautious. Some cotton textile enterprises that had planned to release the "Spring Festival holiday" in mid-January issued a notice to postpone the holiday by 7-15 days. The quotation of imported yarn outer plate also continued to rise, and the "carry-over" market of cotton textile continued.

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