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Actual profit of cotton yarn restores gradually
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Actual profit of cotton yarn restores gradually

Views: 0     Author: Site Editor     Publish Time: 2020-05-09      Origin: Site

Actual profit of cotton yarn restores gradually.



Previously, spot profit of cotton yarn mills seemed good, but with high-priced cotton stockpiles, the actual profit was thin and most mills suffered losses under one-month cotton inventory. Cotton yarn price slowed to decrease in Apr, and the high-priced cotton stockpiles were consumed, thus the actual profit of cotton yarn mills restored gradually. According to CCFGroup, cotton yarn mills can reach breakeven or enjoy slight profit at present.


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