Price Difference Between Raw Material And Raw Material In Textile Raw Material Period
Because of the market
Recession
The international stock market and commodity market are increasing.
Fall down
Domestic cotton, PTA and other textile raw materials futures prices also fell under pressure, the United States cotton
futures prices
It was once the price of 100 cents / pound was broken.
In contrast, the spot market
PTA
Although the impact of futures prices slightly downward, but still maintain a high level of more than 10000 yuan, the spot price is higher than the futures price inversion.
Cotton spot prices showed firmer performance and continued to rise steadily to around 20000 yuan mark. But overall, textile enterprises' confidence is still insufficient and procurement is not active.
But another phenomenon is worth noting. This year's cotton import quota is affected by time, and is affected by the strong domestic cotton prices and the sharp decline of international cotton prices. The enthusiasm of domestic buyers to buy cotton has been improved.
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