Cotton Prices "High Fever" Difficult To Retreat &Nbsp; New Cotton Market Is Expected To Inhibit

The trend of cotton prices has not yet weakened. On the 27 th, data from the China Cotton Association show that in October, China's cotton price index climbed to 26205 yuan / ton, compared with 17 thousand and 800 / ton in early August, the increase in the price of less than three months was about 47%.

Although many cotton spinning enterprises believe that the current

It is understood that this round of cotton prices significantly

At the same time, the purchase price of new cotton is singing all the way.

By October 25th, China's cotton purchase price index was 24664 yuan / ton, up 1830 yuan / ton compared with October 8th, and 11% in less than 20 days.

"In the case of imbalance between supply and demand, cotton prices will continue to rise rapidly, until the new cotton scale listing is expected to be curbed."

Insiders told reporters that in the middle of November, the new cotton will be listed on a large scale, and the number of imported cotton will also increase. Under the role of the state regulation policy, the cotton price rising trend is expected to be curbed.

At present, the "crazy cotton" has attracted the attention of the decision-making level and relevant departments of the state. On the 27 th, the Executive Council of the State Council proposed that measures should be taken to stabilize the market price in the fourth quarter, including cotton huff and puff and Xinjiang cotton pportation.