Hebei, Shandong And Henan: The Market Is Booming

This week (10.12-16) the overall textile market is rising. The price of cotton in the raw material market has been rising continuously, which has reached 14500 yuan / ton. The current price of polyester staple fiber and viscose staple fiber is also closely following, which is about 6000 yuan / ton and 10300 yuan / ton respectively, showing an upward trend. Driven by the high price of raw material market, the downstream yarn market has reversed its downward trend and generally adjusted the yarn price. The low and medium count cotton yarn has a basic increase of 500-1000 yuan / ton, and the high count yarn can reach the increase of 2000 yuan / ton; polyester cotton yarn and viscose yarn also have different degrees of rise. The sharp price increase in the yarn market has stimulated the follow-up of terminal orders and promoted the good situation of upstream and downstream. The prices of conventional varieties in downstream mills have also increased by 0.5 yuan / m. In addition, in the face of price instability of raw materials and yarns, some weaving mills adjust their prices twice a day for fear that they can't keep up with market changes. In this week's rapidly changing market prices, many cotton mills and cloth factories have temporarily stopped receiving orders. For old customers who want to hoard yarn, they are also limited supply according to the current market price. At present, the conventional varieties and popular varieties in the yarn market are difficult to obtain, which directly leads to the rise of grey fabric price. Moreover, due to the low market in the early stage and the limited stock of the manufacturers, the suppliers ran out of stock after the rise, which made the market reappear the scene of queuing up for a long time. At present, the prices of all parties are still changing, and the quotation principle mastered by all parties is that the quotation can only guarantee the price of the day. Due to the large increase in recent orders, many manufacturers are busy recruiting workers to catch up with production. I really hope that this prosperity will last for a long time in the textile industry.