Recently, the main ICE cotton contract broke 94 cents/lb, and the price range of Zheng Cotton CF2105 contract moved up to 16,500-17,000 yuan/ton. Cotton spinning raw materials such as polyester staple fiber, viscose staple fiber, and spandex continued to rise. The quotations of, polyester-cotton yarn, polyester-viscose yarn, etc. were constantly adjusted following the sharp fluctuations in raw materials, and the implementation rate of the supply contracts signed in December-January decreased. On the whole, the increase of cotton yarn in February exceeded that of raw materials such as cotton and polyester staple fiber. The profit margin of yarn mills was significantly expanded compared with before the Spring Festival, and confidence was further restored.

After the Spring Festival, the cotton spinning market can be summarized as follows: 1. The quotations of cotton yarn and blended yarn are chaotic, and the price difference of the same quality reaches 300-500 yuan/ton. As downstream weaving, fabric, and clothing companies arrange orders, production, and cotton yarn transaction direction Good; 2. The supply of carded and combed yarns in Jiangsu, Zhejiang, and Guangdong markets continues to be tight (the stock of middlemen in the textile market is low), and the price increase is significantly higher than that of medium and low count cotton yarns. Some spinning mills are stepping up to purchase high-quality inland warehouses Xinjiang cotton, expand the list of high-count yarns; 3. As cotton is bullish and chasing more sentiment, coupled with the high inflation pressure under the monetary easing policy, textile enterprises are worried that the cotton futures spot will rise sharply in March-April. Be cautious when receiving orders for medium and low count cotton yarns.

A 100,000-spindle cotton spinning mill in Shandong reported that, on the surface, the cotton yarn reported an increase of 1500-2000 yuan/ton (40S and below cotton yarn) in February, but the actual transaction price was lower than the quoted price of 200-300 yuan/ton. The quotations of cotton yarns and polyester-cotton yarns have again been increased sharply, and the inquiries and acceptance capabilities of terminal enterprises such as weaving and clothing have significantly decreased compared with the previous ones. Some buyers wait and see.

Taixing Hongyang New Material Technology Co., Ltd. has a professional R&D and production team, introduces advanced technology and equipment, and is committed to producing high-quality polypropylene high-strength yarns, polypropylene air-changing yarns, polyester air-changing yarns, ribbons and other products! The company is still developing and growing, and we look forward to cooperating with you for a win-win situation!

If you want to know more product information, please contact: Liu Xuelian 18914408040 Website: http://www.hongyangxcl.com/