It is difficult for the textile market to recover quickly after the Spring Festival holidays

Yesterday, domestic cotton yarn main 1905 contract opened low, oscillation fell, trading light, and ultimately closed up 10 yuan/ton. Domestic yarn and grey cloth start-up rate has been rising, according to statistics, domestic yarn mill load has risen to 54%, grey cloth load has risen to 42%. Textile enterprises basically returned to normal order delivery, wary stock, price attempts to increase, weak turnover. Affected by Sino-US trade frictions, the textile market demand is still weak. It is difficult for the textile market to recover quickly after the Spring Festival holidays. Investors still need to be cautious and hold a small amount more than one. Closely follow the progress of Sino-US trade negotiations.