Recently, Xinjiang Changsheng Textile Technology Co., Ltd.'s 100,000-spindle air-jet spinning project commenced construction. With a total investment of RMB 36 million, the project will achieve fully intelligent production throughout the entire process, from cotton cleaning, carding, drawing, air-jet spinning to automated packaging. Using 100% high-quality Xinjiang cotton as raw material, the project will primarily produce 32-count and 40-count air-jet spun yarns. Employing advanced domestically produced air-jet spinning equipment, production efficiency and product quality have been significantly improved, with a daily output of 18 tons of cotton yarn. Since its commencement, over 100 tons have been sold externally, receiving positive market feedback. Once fully operational, the project is expected to generate over RMB 100 million in annual output value. It will collaborate with companies such as Rongtai Textile and Kunsheng Textile to complete the "spinning-weaving-garment" industrial chain, promoting the clustering and development of the textile industry.

Evaluation and Analysis

The project uses 100% Xinjiang cotton as raw material to produce high-quality 32-count and 40-count air-jet spun yarns, with a daily output of 18 tons and exports exceeding 100 tons. Market response has been positive, indicating strong downstream demand. While supply has increased, it has been effectively absorbed by robust demand. Collaboration with companies like Rongtai Textile to complete the industrial chain will stimulate further demand, supporting a stable and slightly rising spot price. The Zhengzhou Commodity Exchange cotton yarn futures contract, such as CY2605, settled at 21,050 RMB/ton, up 450 RMB/ton, with a trading volume of 10,658 lots and an increase in open interest of 1,232 lots, indicating optimistic market expectations. Combined with the project's positive impact, futures prices are expected to continue their upward trend, benefiting the cotton yarn market.

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