Spot Sales Of Cotton Are Still Very Light &Nbsp; There Is Not Much Market Turnover.
Spot sales of cotton are still very light and market.
Deal
Not much. For the latter part of the year, everyone is not optimistic.
Spin
Factory frequent
Modify price
Cotton enterprises in some areas
offer
It has also been sharply reduced.
After the crash, the electronics market ushered in a small rebound, and some people in the market began to hope for cotton in the new year.
store up
And with the purchase and storage of the market, the market began to slowly build the bottom.
Textile mill management strategy change, on the one hand, according to the order production, cotton inventory is very low, on the other hand, it is urgent to pform into other products.
On the same day, the price of all cotton yarn 32S was lower than 30000 yuan / ton, and the four grade real estate cotton was reflected in the turnover of 18000-19000 yuan / ton.
At present, the weather conditions in the whole cotton area are better, and the growth of cotton in some areas is better than that in last year.
On the 14 day, China's cotton price refers to (CCIndex328) 22387 yuan / ton, down 188 yuan, 527 cotton to plant average price 20203 yuan / ton, down 194 yuan.
The weakness of domestic cotton spot market has not changed.
Since the beginning of this year, the cotton price has gone up sharply, which has brought impact to the downstream textile enterprises, and to a certain extent, it has been acting on the front end of the cotton textile industry chain. Due to the increasing gap in the acquisition of cotton funds, some textile enterprises have vigorously developed new fibers and reduced the amount of cotton used.
In recent months, under the unusual difficulty of cotton textile industry, the new fiber enterprises have maintained a steady and steady growth trend.
China's main export quotas for imported cotton rebounded in full, and most varieties rose 2-4 cents, while Central Asian cotton and Pima cotton fell 3-5 cents.
At present, the textile industry has a high degree of concern for the forward shipment of new cotton in the southern hemisphere. High grade cotton is still very popular in the market, and the quotation is relatively small.
However, the demand and supply of foreign flower are relatively abundant, and the demand for cotton is still not improving. With the gradual decline of futures prices, the price of cotton has a further downward trend.
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