Domestic Cotton Prices Remain Stable, Textile Enterprises Are Still On The Sidelines.

domestic Current price of cotton Stable, there are not many orders for textile enterprises, and the strategy of buying and using materials for raw materials, new flowers are listed on the market, cotton enterprises purchase cautiously, and actual demand is not yet available. Obvious increase The spot market is still in a stalemate.

At present, the macro environment is poor and the new fundamentals are lacking. Zheng cotton will continue to test the supporting role of the lower reaches of the area in the short term.

Domestic cotton Spot market After two weeks of industrial chain replenishment market, prices have stabilized, turnover has gradually cooled, domestic demand is acceptable, export list is relatively sparse.

On the international side, 5 days of ICE cotton are closed due to the Labor Day holiday, December. Stage cotton 2 daily newspaper closed at $1.0589 / pound. At home, Zheng cotton Futures fell on the 5 day, closing down.