Jiangsu Cotton Price Decline Aggravated &Nbsp; 20% Textile Enterprises Shut Down

2011/4/28 10:24:00 36

These two days, Jiangsu, Yancheng, Nantong and other main production and marketing areas

Cotton price yarn price

Continue to show the downtrend, the 4 level net repeat knot, since the quoted price has dropped to 27000 yuan tons, and because of the loan,

Order

Sales and other reasons.

Spinning enterprises

The performance is not positive.

Dafeng City is the main distributing center for cotton production and cotton production in Yancheng. Besides Shanghai, Wuxi, Changzhou, Zhejiang, Fujian and other places, Dafeng City cooperates with the city.

enterprise

Besides, most of the local cotton enterprises belong to Feng Chun but do not know how to keep warm.

The low price of yarn makes spinning and spinning neither.

The desire of cotton holding companies to expect the rebound of cotton prices in spring is being eroded.

demand

They all seem to be in a dilemma.

Dafeng's Xinfeng, Wan Ying and other places have nearly 20% small cotton mills, cloth factories recently shut down from the market, mainly the offline market demand is difficult to continue, price fluctuations, frequent changes.

The responsible person of the enterprise thinks that it is difficult to grasp cotton market now. Cotton, cotton yarn and grey cloth business is difficult to do. Price fluctuation is too fast, and the initial party can not control it at all. Most of the enterprises have confidence reduction, and they wait and see in the procrastination.