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.