On October 11-13, the 14th China International Textile Yarn Exhibition (yarnexpo) was held at the National Convention and Exhibition Center (Shanghai). It was rich in exhibits, exciting activities, diverse exhibitions, and multi-angled textiles. The style of the upstream industry chain. Through this exhibition, we can gain insight into what market information, the future trend of cotton yarn products, and what impact will it have on the upstream cotton industry? What is the current order of textile enterprises and the consumption of downstream grey cloth market?
In this interview, Wu Faxin, Chief Strategy Officer of Shanghai Yarn Technology Co., Ltd., Zhang Xianshun, Chairman of Henan Pingmian Textile Group Co., Ltd., and Zeng Xionghui, Deputy General Manager of Shanghai Yueda Textile Import & Export Co., Ltd.
Mr. Wu introduced the situation of this year's yarn exhibition. He said: "The yarn exhibition products are dazzling, the fiber technology is high, and the textile industry has developed over the years. We are delighted to see the development of fiber, yarn and fabric industry. At a rapid speed, China's textile industry has changed from a textile power to a textile power. In addition, the number and booth of pure cotton yarn products have increased this year compared with the previous ones. It can be seen that the cotton spinning industry is developing better in the context of reserve cotton rotation."
As for the reduction of air-spinning raw materials that are currently hotly debated in the market, it has been suggested that air-jet spinning enterprises can change the raw material structure to increase the amount of chemical fiber used, and also increase the yarn count, or consider the production of foreign plants.
Mr. Zhang introduced the current stocks and profitability of raw materials for textile enterprises. He said that the current production and operation status of textile enterprises is relatively good, and raw material stocks are kept at around three months. At present, the demand for high-quality cotton is relatively large. It can be seen that the profits of the enterprises producing high-yield yarns are considerable, and the development trend of the textile industry in the future must be gradually developed into the high-end market.
Editor in charge: Xu Yuehua
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