Dezhou Cotton Association News Picking More Than 80% Less Than 10% Sales.
In recent days, new cotton in Dezhou, Shandong Province
Buy
The price is falling, the seed cotton purchase price has no market, the purchase and sale market is cold and clear, most enterprises stop and wait and wait.
Cotton prices continue to fall, showing a marked contrast to the sharp rise in cotton prices at this time last year.
Cotton market is in an awkward position, cotton growers, cotton enterprises,
Spinning enterprises
They are all on the sidelines.
Because of the rising cost of planting, cotton growers are not satisfied with the current price, and think that they should be above 4.50 yuan / Jin.
It is understood that at present, cotton picking in Dezhou has exceeded 80%, while farmers are out.
Sales volume
Less than 10%.
Cotton enterprises are basically losing money at the current prices and unwilling to accept them. Some simply stop waiting and wait.
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