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The global epidemic of new crown pneumonia is raging, countries are blocked from circulation due to the fight against the epidemic, and economic and social development is blocked. Affected by this, the domestic cotton price continued to fall sharply in the middle and late March. The third-grade cotton in the Yangtze River Basin reached the factory price below 12,300 yuan / ton, which was more than 700 yuan / ton lower than the factory price of about 13,000 yuan when it resumed work in early February. Cotton yarn prices have also been reduced, and cotton-related companies are worried.

The turbulent cotton spinning market has no economic operating rules to find. In the short to medium term, the market continues to plummet and the inability to rebound makes it difficult for companies to grasp production and sales. Therefore, despite the current low price of cotton, few textile companies consider entering warehouses to make up stocks. Raw materials and products in stocks have been kept to a low point. Many small factories in Yancheng, Jiangsu have stocks of raw materials within one month. At present, the manufacturers who are completing orders on hand are more worried about the continuity of the order. If the next order cannot be followed up in an orderly manner, it is expected that the company will once again face shutdown and production.