Last week, the renminbi continued to depreciate to the domestic predicament.

Industry brings a glimmer of hope.

"The depreciation of the renminbi may bring a marked boost to the textile industry."

A head of a textile enterprise in Henan said that if the depreciation of the RMB can bring the export market, the latter downstream demand may be better.

If you can't take it, feel it.

The price is still hard to rise.

He analyzed that before the domestic and foreign low yarn price difference was bigger, but after the relative depreciation of the renminbi, the price difference would be compressed, and the impact of the outer yarn on the domestic yarn would also weaken correspondingly.

As far as the Henan area is concerned, although the textile enterprises in the first half of this year have some improvement, most enterprises are not fully loaded.

Textile enterprises said that after mid July, the downstream customers had difficulty in carrying goods and the rate of return was low. Only 40 closely spun yarn were sold well.

But in August, many manufacturers began to produce such products, and sales were no good.

It is understood that the low cost of yarn in the domestic low cost of the outer yarn is very large, and the market situation of high yarn is still better, many enterprises will go up to produce high count yarn, and the wind phenomenon is serious.

A person in charge of an enterprise in Luohe, Henan, said that some enterprises thought that high count yarn represented high price, and the high count yarn was changed hastily without considering its own equipment.

"Originally used to produce low count yarn equipment, forced to produce high count yarn, spinning yarn high quality, low quality, quality can not keep up, resulting in product sales, and ultimately the gains outweigh the losses."

The person in charge said.

For the late cotton price trend, some enterprises think that cotton prices may appear two grade differentiation in the coming month, the demand for low grade cotton will not be very good, but there is still a gap in the demand for high-grade cotton.

"It is estimated that the cotton price in the new year will be around 12000 yuan / ton, but the price of high-grade cotton will reach 13000 yuan / ton or higher. After all, many manufacturers can not find raw materials."

Market participants said.

Although the price of new cotton is generally not high at present, some analysts believe that the cotton planting area has been reduced this year.

The super high temperature weather also caused some cotton bud falling.

In the context of narrowing of domestic and foreign spreads, domestic cotton demand still has growth potential.

Last week, the new year's hand picked cotton seed price in Xinjiang Akesu area was 5.8 to 6 yuan per kilogram.

The price will be above 12500 yuan / ton.

However, after picking up cotton pickers in Xinjiang until September 20th, the seven ministries and commissions of the state and Xinjiang will announce the new year's cotton policy details in late 9.

Analysts said that the future sale price of machine picked cotton in Xinjiang is likely to be between 12500 and 13000 yuan / ton.

The price of the new year is still in the market. If the price of new cotton is too high, for textile enterprises, there will be problems that we want to buy but can not afford.

At present, the north of Henan Province

Most of the sales are sold before payment is made, but cotton is used for cash.

If the downstream consumption is immovable and the price of new cotton stays high, textile enterprises may be faced with the dilemma of "buying cotton without intention and having no money in hand".