In 2019, the central reserve cotton was released for the fourteenth week (August 5-9) with a volume of 49,500 tons, with a turnover of 15,800 tons and a turnover rate of 31.82%. In the week, the reserve price of reserve cotton was 13291 yuan/ton, up 3 yuan/ton from the previous week. The average transaction price was 12034 yuan/ton, down 279 yuan/ton from the previous week. As of August 9, the cumulative supply of reserve cotton was 745,900 tons, the actual turnover was 631,700 tons, and the turnover rate was 84.69%. Among them, Xinjiang cotton traded 344,900 tons, accounting for 54.60% of the total transaction volume.

This week, affected by macro bad news, the positive willingness of textile enterprises to purchase was drastically reduced, and the transaction rate and average transaction price dropped significantly. The turnover rate this week is only 31.82%, which is the lowest weekly turnover rate since the deposit, and the transaction rate on August 8 is only 21.44%.

Recently, the repeated trade friction between China and the United States can be said to be in the expectation of enterprises. The phenomenon of corporate holiday and limited production has not improved. Some enterprises have been on holiday for more than half a month to reduce losses. In terms of management, after the offshore and onshore RMB exchange rate against the US dollar was “breaking 7” this week, the central parity of the RMB against the US dollar broke the 7-integer mark on the 8th, the first time since 2008. Export-oriented textile companies can use this opportunity to attract more overseas orders, improve current operations and increase exchange gains. At present, the market has signs of low stability, but overall, the entire industry chain is still in a state of cautious wait-and-see and small orders. For the market outlook, most companies expressed concern about the golden color of this year.

The polypropylene BCF yarns produced by Nantong Linjia Fiber Products Co., Ltd. are mainly used for: polypropylene BCF yarn for carpet, polypropylene BCF yarn for decorative cloth, polypropylene BCF yarn for curtain fabric, and polypropylene BCF yarn for sanitary ware.