Ji Lu Yu: Post Holiday Textile Market Has Not Yet Started To Predict Spring Yarn Market Optimism

After understanding and feedback from customers, the large and medium-sized textile enterprises in Hebei and Henan provinces started more work at the beginning of the month and eight in the beginning of the month. Small textile enterprises and individual medium-sized enterprises started after the fifteen of the first month.

Although production has started, the market has not yet started and is still at a standstill.

As the downstream textile mills and dyeing factories have been started, the textile enterprises in Hebei, Henan and Henan provinces are now ready to meet the new orders after the festival. 80%

According to feedback, a factory in Hebei started production in the early eighth. As a result of the policy of reworking incentives for employees before the formulation and publicity, the rework rate after the festival reached 98%. On the same day, there were also some migrant workers who signed up to work. They could start the production normally and let the management of the factory pass the first hurdle after the festival.

At the initial stage of the start up of textile enterprises, new orders were basically absent, and production depended on the continuation of pre order orders.

The price of yarn has not changed before the start of operation.

However, some industry insiders predict that the spring market is optimistic, and the price of yarn is likely to rise slightly.

Although the market is not moving, there are still wait-and-see businesses in the lower reaches, but the price quoted by the textile enterprises is very cautious. The price of the grey cloth factory is also cautious. Especially when the new orders are quoted, the waiting time will be longer.