The Impact Of Dumping And Storage Rumors Is Weakening &Nbsp; The Market Will Maintain A Rising Trend.

domestic Cotton market The pattern of supply shortage has not changed, and the price of lint in the spot market is still rising, but the turnover is slightly dull. The reasons for slowing down the sale of lint cotton are: first, cotton prices are at a historical high level, and textile enterprises are worried about the risk of high cotton prices. Therefore, procurement is cautious and wait-and-see. On the other hand, although the price of cotton has risen sharply, the price of yarn has also risen sharply. Cotton spinning industry Processing profit is at the highest level in history, but the price of the downstream fabric is rising little, and the digestion ability of the high cotton price is weak. The price of lint in the spot market continues to rise. The volume of turnover between cotton enterprises and textile enterprises is relatively low. The main reason is that both sides are not actively buying and selling. Today, China's cotton price index (CCIndex) rose 18155, 66, 2, 18616, 75, 4, 17740, 48, 5, 16632, and 121.

As the rumor is too long, the market is weak in hearing. Too many companies no longer pay too much attention to news. At present, the ginning industry is mainly concerned about the risk of takeover. It is not worried about the sale of lint at present. The main reason is that the stock is not much. The shipment can be done without delay. The quotation is still strong. It is understood that textile enterprises in some areas are experiencing minor changes and adjustments. The main reason is that due to environmental problems such as water pollution, the government is demanding that resources and environment be rectified. Due to the fact that textile enterprises do not have enough purchasing power, cotton prices are only rising at the present time. There are some high priced raw materials purchased by some enterprises with high raw materials. market Supply and demand are not too tight. It is estimated that there will be no information about the policy of dumping and storage, and the market will maintain a slight fluctuation in the near future.