Hebei: The Market Is Pessimistic And The Price Fluctuation Is Increasing

Recently, Hebei market is pessimistic, and selling and selling have become normal. The fluctuation of cotton and cotton yarn market has increased simultaneously. Enterprises have stopped production and had holidays. The whole industrial chain is also experiencing a big reshuffle.

As of July 27, the quotations of cotton grade 3128 and grade 4128 in Cangzhou and Hengshui of Hebei Province were 12800 yuan / ton (gross weight, delivery with invoice) and 12500 yuan / ton (as above), 100 yuan / ton lower than that on July 20. It is understood that at present, the cotton ginning plants and traders in Hebei Province have a small number of spot cotton, and the consistency deviation makes the market rare. In recent years, one of the most frequent cotton trading is the reserve cotton, which is mainly the direct bidding reserve of textile mills; the second is the Xinjiang machine picked cotton which has been transferred to Hebei, Shandong and other places. As of the 27th, the "double 29" pick-up price of Xinjiang machine picked cotton was 12700 yuan / ton (determined, picked up, with bills), and the "double 28" price was 12400 yuan / ton (as above), which was the same as that on July 20 E-commerce will generally give 50-100 yuan / ton discount, can also be responsible for short-distance transportation.

As of July 27, cotton seed trading in most areas of Hebei Province has stopped, and only a few regions still have offers. At present, the price of cottonseed in Dongguang County is 1.34 yuan / kg, which is the same as that of the previous week. However, cottonseed is very limited, and oil mills almost stop production.

At present, the price of low and medium count yarn in Hebei Province is falling again. On the 27th, the price of 21s in Shijiazhuang and Gaoyang was 17400 yuan / ton, down 100 yuan / ton compared with July 20; the price of OE 10s was 11800 yuan / ton, about 50 yuan / ton lower than July 20. According to the introduction of textile enterprises, yarn orders are very scarce in recent years, and the rise of enterprises' inventory has accelerated, and many small and medium-sized enterprises' inventory has reached a high point in recent years. In order to return the funds, many enterprises have begun to sell and dump goods, and the market is in a state of panic.