This week (2020.1.6-10) the majority of enterprises in the integrated textile market of Hebei and Shandong provinces entered the countdown of holidays. A few enterprises had gone on holiday, the overall prices were relatively stable, and the transactions were deserted. The main energy was used to collect accounts, visit customers, and arrange the stop before the Festival.
Raw materials: Recently, the cotton market bullish market is still fermented, but with the downstream textile enterprises gradually enter the holiday mode, the market purchase and sale is also gradually light. Polyester staple fiber prices are relatively stable in recent prices, the current Hebei region quoted 7100 yuan / ton up and down. Viscose staple fiber performance is not static, volume is limited, still low, the price has been hovering around 9500 yuan / ton, the market outlook continues to wait and see.
Yarn: Although the latest yarn prices are generally bullish, shipments this week are few and far between. In addition to pre delivery orders with delivery dates, the sale of the remaining stock varieties is simply poor. Some of the varieties that were stocked years ago are coming to an end. It is understood that 30% of the small gray fabric factories in the lower reaches of Hebei have been on holiday, and they are only starting after fifteen. A small scale grey fabric factory will also have a holiday in about twenty-three of the twelfth lunar month, leading to the earlier holiday of textile enterprises. Logistics has been suspended in these days, which is also an incentive for the textile enterprises to leave in advance. Before the festival, the market is just like this. What the enterprises are focusing on now is the problem of driving after the festival, and the problem of the duty rate of the employees after the holiday.