Cotton Turnover Has Improved &Nbsp; Textile Situation Has Not Worsened.

May 17th domestic Cotton spot Market continued yesterday weak market continued to decline. market Turnover has improved and turnover has increased slightly. May 17th China Cotton price index (CCIndex) 24670 fell 79, 2 level 26684 fell 217, 4 23656 23656, 5 grade 22728 dropped 176.

The spot quotation of cotton is further down. Textile inventory Small businesses purchase small quantities. And large textile enterprises almost do not buy, mainly raw material inventory and many, and in addition, with the cotton coming to Hong Kong soon, inventory will be further abundant. At present, cotton is better sold than Xinjiang cotton, but due to the low price pressure, shipments are difficult. At present, the major textile enterprises have not been deteriorating. Recruitment is still continuing and work is starting to be adequate. Cotton prices will be expected to pick up as the textile situation improves.