Textile company C32s ring spinning immediate profit monitoring

May 19th, Xinjiang 3128 cotton lint average factory price is 17,309.5 yuan/ton, up 70 yuan/ton; Xinjiang 32s pure cotton yarn ring spinning price is 23,800 yuan/ton, unchanged; spinning profit is 267.17 yuan/ton, down 79.8 yuan/ton. Xinjiang cotton lint slightly increased, yarn prices steady, during the off-season of textiles with weak downstream demand, cost transmission is not smooth, and spinning profit has significantly narrowed. (Mysteel)
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