Cotton Prices In Main Production And Marketing Areas In Northern Jiangsu Fell &Nbsp For A Long Time, Causing Fatigue In Spring Cotton Market.

2011/4/22 9:40:00 78

According to some textile enterprises in Dafeng, Jiangsu, since April, the price of cotton yarn has been falling continuously in the main production and marketing area of cotton in Northern Jiangsu Province.

40 cotton yarn quotes 37 thousand and 500 yuan per ton a day, although this figure is nearly 6000 yuan a ton after the peak price after the Spring Festival, but there are still few buyers.

The sharp drop in cotton prices has led to the whole

Cotton industry

The chain is covered with gray and slowed down. The local cotton seed purchase price has gone below 5.80 yuan / Jin and nearly stopped the market. The price of lint to the factory price (level three) has dropped to 29000 yuan / ton, and the sales situation is not optimistic.

According to the analysis of the people, although the earth is warm and rejuvenated,

Cotton market

It is still chilly in spring.

At present, cotton spring ploughing at present, the decline of the cotton market to just started

cotton

Production will more or less cause some impact, and small and medium-sized spinning and weaving enterprises are unable to compete with the market because of their inability to resist the market. It is very likely that they will be locked down by the May 1 holiday. As for the future direction of Cotton City, it is also very confusing. Most of the cotton enterprises, especially in the winter and spring, have been immersed in the full red realm of some spinning enterprises.