Hebei: Cotton And Yarn Price Increase, Market Turnover Less

In February 14th, a trader in Hengshui, Hebei, picked up 13850-13900 yuan / ton of Xinjiang's hand picked cotton (weighed and brought tickets) and said that the money was raised.

On the same day, a local cotton gin grade three lint in Cangzhou was quoted at 13400 yuan / ton (gross weight and pick-up), indicating that it could be delivered to the door on a short journey.

As time entered mid February, the quotations of cotton resources in various urban areas of Hebei increased. However, because the first level response was not revoked and the logistics did not recover, the transportation and circulation of cotton was the biggest obstacle to the transaction.

It is understood that the price of Zhengzhou cotton is basically above 13000 yuan / ton this week, and the base price of traders and middlemen is obviously rebounded.

In terms of yarn, some small and medium-sized mills have begun to quote, and there are very few documents. In Hebei, Baoding, Shijiazhuang and other places, medium and low yarn prices generally. As of 14 days, the price of air spinning OE10S in a factory in Shijiazhuang is 13000 yuan / ton, and the price of OE16S is 13500 yuan / ton. The official said that at present, only online quotations, and no actual transactions, the main reason is that most of the downstream fabric manufacturers did not return to work.

Some polyester and cotton yarn prices remain unchanged before the Spring Festival. On the 14 day, the 32S price of pure polyester yarn in Baoding area was around 11000 yuan / ton, and the R30S price of cotton yarn was 14000-14100 yuan / ton. Most of the mills have not yet resumed production, and only keep online quotations for inventory.

At present, there is no exact date for Hebei traders and textile mills to resume normal production. Responsible people say it depends on whether the government has further notification.

As of the 14 th, most counties and townships have strict control over their personnel. They must check their body temperature and registration in and out of villages. Therefore, it is very difficult for the cotton processing plant and the oil extraction plant to be rebuilt in the countryside, which also directly affects the raw material demand of the downstream enterprises.

To sum up, cotton and cotton textile industry chain still has a long way to go.