A cotton yarn trader in Shaoxing, Zhejiang Province said that due to the wide fluctuation of Zheng Mian and Zheng yarn and the heavy rainfall in Henan and other provinces, the order receiving of cotton mills was greatly affected. The enthusiasm of cotton mills and cotton traders for external quotation was not high, and the wait-and-see mood prevailed. In the past two days, the quotation of domestic c32s medium and high-pressure automatic distribution has generally increased to 27200-27500 yuan / ton, an increase of 600-700 yuan / ton compared with the first ten days of July, which is significantly weaker than the increase of Zheng yarn and Zheng cotton.
From the survey, weaving, fabric factories and middlemen in Jiangsu, Zhejiang, Guangdong and other places have limited ability to digest the rise of cotton yarn. With the increase of quotation by cotton mills and cotton yarn traders, in addition to the relatively active inquiry and transaction of oe21-oe32s, the shipment of conventional yarn of 40s and below continues to slow down. Home textile 40s / 60s rose rapidly, and most enterprises owed goods for more than one month.