Textile Enterprises Generally Watch Cotton Prices &Nbsp; Maintain Wait-And-See Waiting For Throwing Store.
Core tip: spot prices are stable today or down. According to the economic operation data released by the National Bureau of statistics, in June, the signs of domestic economic slowdown were obvious. Among them, the growth rate of industrial added value has slowed down for the 4 consecutive month, and the growth rate of total retail sales of consumer goods has slowed down compared with the previous month. The economic environment in the second half of this year is very complicated, and the uncertainty of the textile industry in the future will be greater.
Yesterday's ICE futures fell sharply again, and today's domestic electronic disk matching and Zheng cotton futures continue to fall. Spot prices continued to decline slightly, and Cotton Traders actively sold. Xinjiang cotton went to the mainland a lot, but the selling price of downstream yarn declined sharply. Cotton price Bearish sentiment is more concentrated, mostly to stop purchasing, maintain wait-and-see, wait for throwing store. Today, China's cotton price index (CCIndex328) is 18389 tons, down 14429 grade cotton to plant average price 18009 yuan / ton, or 30.
Spot prices remain stable today. According to the economic operation data released by the National Bureau of statistics, in June, the signs of domestic economic slowdown were obvious. Among them, the growth rate of industrial added value has slowed down for the 4 consecutive month, and the growth rate of total retail sales of consumer goods has slowed down compared with the previous month. In the second half of the year, the economic environment is very complex, and the future of the textile industry is uncertain.
Cotton yarn The overall situation of the market is stable and weak, but the sales situation of the cotton mill is still optimistic, plus the expected market outlook. Cotton market More robust, the industry believes that even if the price of cotton yarn continues to weaken, its drop will not be too big.
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