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Market wait - and - see sentiment again, research shows that the textile industry season may be the end
Release date: [20:52:05]  Read total [589] times

In October, China cotton textile boom index 53.58, the industry boom continued to improve. In terms of raw materials, cotton and non-cotton prices rose sharply this month. In order to control the cost and the risk of raw material price fluctuations, the spinning enterprises mostly used with the purchase, and non-cotton fiber purchase quantity and inventory increased month-on-month. Production, sales and storage links, orders increased significantly this month, most of the spinning enterprises at full capacity production, products with production with sales, finished product inventory at a low level. From the point of view of products, yarn sales hot, production increased substantially; Grey cloth does not produce and sell as hot as yarn. In terms of price, the price of yarn and cloth increased with the rigidity of raw material price this month, but the grey cloth increased less than that of yarn, so the profit space of fabric enterprises was compressed.


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