Cotton Prices Continued To Rise By &Nbsp In June 21St, And Regulatory Policies Were Brewing.

21, the price of the lint spot market continued to rise.

Turnover is relatively small.

Today, China's cotton price index (CC Index) rose 17973, 47, 2, 18419, 21, 4, 17576, 37, 5, 16397, and 44.

Feedback from resident information staff is that the purchasing power of textile enterprises is poor because of high cotton prices.

According to the association, the departments concerned will actively coordinate the pport of Xinjiang cotton, and will introduce relevant control measures to meet the textile demand, maintain market stability and achieve the smooth pition of new and old cotton in the year.

Most textile enterprises are increasingly eager for regulatory policies.

Most of the small stockpiling enterprises have only about 100-200 tons of stock, and larger traders are around 1000 tons.

It is believed that the market will be less likely to fall under the control policy, but the risk of hoarding is increasing.