In April 21St, Some Textile Enterprises Were In Urgent Need Of Inventory, And Cotton Prices Showed Signs Of Small Increase.

Since last weekend, the domestic cotton spot market is still slack, but there is a slight increase in the market.

China's cotton price index (CCIndex328 level) was 13808 yuan / ton, up 1 yuan over the previous weekend; CCIndex129 level was 14753 yuan / ton, up 20 yuan; CCIndex527 level was 12651 yuan / ton, which was unchanged from last weekend.

According to the sample quotation statistics of textile enterprises, today, Shandong, Henan, Hunan, Zhejiang, Jiangxi and other places have risen to different levels.

Among them, the 129 level average paction price in Henan province was 14893 yuan / ton, up 46 yuan; the 429 level in Hunan province was 14375 yuan / ton, up 105 yuan; 429 in Shandong province was 13218 yuan / ton, up 10 yuan; 229 229 14300 yuan / ton in Jiangxi Province, increased by 229 yuan; the 14300 level yuan yuan / ton was up, and some enterprises in Zhejiang province increased the level of yuan, but the average overall level did not change much.

Textile enterprises feedback, cotton prices partially rose, mainly spinning mills are facing the need for replenishment, the purchase volume has increased, but due to poor trade fair, the overall confidence in the market is still insufficient.

In addition, it is learnt that due to the recent pattern of the electronic disk, some balding cotton producers did not intend to wait any longer. They began to drop the empty single out on the electronic disk. For example, the actual sale of cash is better than delivery, and whether traders will have an impact on the electronic disk need attention.

Over the weekend, most parts of the mainland were reduced to moderate rain, and seed cotton purchasing and processing basically stopped.

By the end of April, the cotton planting and breeding stages have been coming in all parts of the country. The influence of the weather will be bigger and bigger. The recent strong wind in Xinjiang has already had adverse effects on cotton seedlings.