News On August 18, cotton yarn futures were listed and traded on the Zhengzhou Commodity Exchange (hereinafter referred to as "Zheng Business Office"). This is the third futures hedging tool ushered in China's textile industry chain after cotton and PTA futures. China's textile enterprises are plagued by price "roller coasters". Especially since 2011, the price of cotton has been "endless", the survival of cotton enterprises is difficult, and the "common room" between cotton enterprises has become the norm. The grim situation forced companies to pick up futures "shields" to counter market risks, and in recent years has formed a new model of futures-to-day combined operations. At this juncture, the listing of cotton yarn futures is at the right time. Business people said that cotton yarn futures will provide strong support for companies to improve their business conditions and enrich hedging methods. The data shows that most of the cotton yarn companies were in a loss stage from 2012 to the end of 2014, and it was not until 2015 that there was a staged profit. Sun Xiaoting, director and vice president of Zhejiang Huafu Color Spinning Co., Ltd., said that at present, the impact of imported cotton yarn on the domestic cotton yarn market still exists. The growth of domestic sales and exports has been slow to recover, and textile companies have greater pressure to survive and operate. At this time, the listed cotton yarn futures are a boon for textile companies: on the one hand, they provide tools to lock in production profits and help textile companies stabilize their operating efficiency. Textile companies can use cotton and cotton yarn futures to lock in production profits and stabilize their business efficiency under low-risk conditions; on the other hand, companies can use this to enrich trade models and increase sales channels. Textile Adopt the quality motor to ensure that the lifting is not stuck, the lifting speed is 32mm / s.the sound under no load is less than 45dB, quiet and noiseless, and does not affect other people's office.The motor has strong power, stable power output and stable load bearing of 100kg, which can meet the needs of daily entertainment and office desktop storage. Colleagues can cooperate with the function of resistance retreat and power-off protection to ensure the safety of lifting. The power in standby mode is only 0.1W, energy saving and environmental protection. Dual Motor Standing Desk,Dual Motor Height Adjust Desks,Height-Adjustable Standing Desks,Modern Sit Standing Office Standing Desk CHEX Electric Standing Desk , https://www.sjqxhdesk.com
Cotton Yarn Futures Listed on Zhengshang Trading Textile Industry as a New Tool for Hedging Risks