Shandong textile companies receive "short order" to resist the risk of substantial changes in cotton prices

Shandong textile companies receive "short order" to resist the risk of substantial changes in cotton prices Under the influence of various factors, including the continuous appreciation of cotton prices, cotton cotton price fluctuations, and unpredictable export tax rebate adjustments, Shandong export-oriented textile enterprises have changed the practice of taking long-term orders after receiving long-term orders, and replaced them with short-term orders. Mainly to resist the risks of various changes. According to the data, short orders in the cotton spinning orders at the Canton Fair this spring once again maintained a sharp increase, accounting for 90% of all orders, and only 10% of long orders.

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