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Shandong Heze: Cotton Yarn Sales Slack Enterprises Extend Holidays
By the end of April, sales of cotton yarn in Heze, Shandong were still slow, and there was no market price in the sales market, and the demand for downstream fabric and clothing enterprises was weak.
It is understood that due to the impact of Sino US trade friction on the textile industry in 2019, some local enterprises have changed from the original 3 shifts to 2 shifts. After the Spring Festival of 2020, the resumption of work was delayed and the operating rate of textile enterprises was lowered, and the operating efficiency continued to decline. Enterprises had to continue to adjust the 2 shifts to 1 shifts.
Recently, affected by the external economic and news factors, cotton prices have been widely adjusted, and enterprises that plan to buy lint are also looking at it. In addition, labor day is approaching. Many enterprises choose to extend holidays and reduce costs to tide over difficulties.
It is understood that due to the impact of Sino US trade friction on the textile industry in 2019, some local enterprises have changed from the original 3 shifts to 2 shifts. After the Spring Festival of 2020, the resumption of work was delayed and the operating rate of textile enterprises was lowered, and the operating efficiency continued to decline. Enterprises had to continue to adjust the 2 shifts to 1 shifts.
Recently, affected by the external economic and news factors, cotton prices have been widely adjusted, and enterprises that plan to buy lint are also looking at it. In addition, labor day is approaching. Many enterprises choose to extend holidays and reduce costs to tide over difficulties.
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