To stimulate shipments, cotton companies open the "high price, big profit" model

It is understood that although on July 20, Shandong, Jiangsu, Henan and other places in the warehouse "double 28" (or single 29) Xinjiang machine cotton public weight quotation generally increased to 18000-18200 yuan/ton (CF2309 contract early trading volatility upward), but the actual transaction is relatively rare, some cotton enterprises can only take the "high quote, big profit" model to stimulate shipments, However, it is difficult to change the overall situation of textile enterprises to take goods in the downturn. A textile enterprise in Xuzhou, Jiangsu Province, judged that compared with the strong pull up of raw materials such as upstream cotton, small and medium-sized cotton textile enterprises are deeply in the extreme unfavorable state of cotton yarn losses, gauze accumulation rate, cash flow tightening, and rising expenditure, so either the pressure of cotton yarn costs rising to the downstream and terminal transmission and release, the industrial chain is gradually smoothen; Either the price of cotton yarn "standing still", the pressure to the upstream reverse push, cotton processing enterprises/traders to give up profit space, otherwise continue to be in a "dilemma, the back and the back of the enemy" dilemma, July/August will have more large-scale textile enterprises forced to choose to reduce production or even production to reduce losses.