Cangzhou, Hebei: Low Productivity And Low Price Quotations

As of February 21st, some textile factories in Cangzhou, Hebei resumed work in succession, but the capacity of the resumed enterprises was low, and the quotation of cotton and yarns was relatively chaotic.

1, the resumption of work: small and medium-sized textile mill recovery rate of about 50%, and the ginning factory did not return to work. Due to the low rate of workers returning to factories, the production load of each plant is relatively low, and the capacity is only 10%-20%. According to the current situation, there is still a long way to go to fully recover the capacity of enterprises.

The enterprises have already returned to production entirely, and the vast majority of textile enterprises have not yet received the new ones, so as to complete the order. It is not yet clear when the ginning mill will be able to resume work and resume production because of its small size and the characteristics of its workers.

2, the cotton market quotation is relatively chaotic. First of all, most of the non resumed enterprises continue to quote quotes before the Spring Festival. There is no transaction in the market. Secondly, the prices of the enterprises that have been reproduced are different. They are generally negotiated between buyers and sellers.

On the 21 day, Cangzhou traders Xinjiang hand picked cotton "double 28" pick up price 13800 yuan / ton (public weight, with tickets), compared with the previous week, "double 29" hand picking cotton price 14100 yuan / ton. Traders introduced recent low level enquiries, with fewer transactions.

According to a small number of traders and dealers, in order to get rid of inventory, there was a price of 100-200 yuan / ton in the actual transaction process.

The spot quotation of real estate cotton is even more chaotic. Due to the fact that the ginning factory has not yet resumed work, the quotation standards are different. Some factories refer to Zhengzhou cotton futures and manufacturers also have reference costs. Therefore, the price difference between the same grade and the quality cotton factories is large, and the price difference is 100-300 yuan / ton.

3, yarn stability is the main, individual price increases. On the 21 day, the price of air spinning 16S in Cangzhou area was around 13500 yuan / ton, and the price of polyester cotton yarn 32S (TC35/65) was 15200 yuan / ton.

This week, individual manufacturers raised some yarn quotes. For example, a trader pure polyester yarn 32S price in 11200 yuan / ton, compared to the previous week rose 300 yuan / ton.

Overall, the local yarn quotation is slightly confused, and when the market will be clear for time.