One discussion of cotton yarn, textile enterprises and traders rush to go to the warehouse

It is understood that with the main contract of ICE cotton futures returning to the range of 95-100 cents / pound, the Zheng cotton contract CF2209 recently closed at a strong protection level of 15,000 yuan / ton in levels, and some small and medium-. quantity cotton in Shandong, Henan, Hebei, Jiangsu and elsewhere Textile mills' commitment to stock has been quickly returned, and it is not uncommon to sell goods and return cash flow operations.

At the same time, cotton yarn traders in the light textile markets of Guangdong, Jiangsu and Zhejiang also started clearing operations to increase the profit margin and increase the bargaining space, and some middlemen were even anxious to sell goods at low prices. Due to the large gap between the cotton yarn values in the domestic market and rather chaotic, most of the garment factories with strict requirements buy more than one, and talk about the truth one after another one.