Anhui: Yarn Market Downturn Does Not Change Cotton Mill Holiday Holiday Into Normality

National cotton market monitoring system Anhui monitoring station news, Dragon Boat Festival is coming, some small and medium-sized cotton mills in Anhui have changed the practice of Dragon Boat Festival in previous years without a holiday. Faced with the textile market that has not changed this year, some cotton mills choose to take a short break during the official holidays.

Entering the June, the cotton textile market has entered the off-season. At the same time, the global new crown pneumonia epidemic situation has not been completely controlled. The purchase of cotton yarn will decrease, and the cotton yarn quantity will be less, resulting in the increase of cotton yarn stock and the weakening of cotton yarn price.

At present, the sales price of 32 combed yarn is 18400-18600 yuan / ton, and the sales price of 40 combed yarn is 19400-19600 yuan / ton, which has dropped slightly compared with the end of May. Despite the impact of the new crown pneumonia epidemic this year, the cotton mills resumed production and delayed production. However, the market which had not been changed in the doldrums led most small and medium sized cotton mills to choose holidays to limit production so as to control the losses caused by reduced production capacity and the loss of employees. It is understood that some cotton mills in Qingming, may day, Dragon Boat Festival and other holidays were arranged for employees to leave, time generally in 5-10 days.