The Good Prospect Of Cotton Market Depends On Recovery Of Textile Export Orders.
On the 110th Canton Fair, European and American markets fell sharply. Purchaser Growth has increased, but wait-and-see enquiries are more, and actual turnover has decreased by 19% and 24% respectively.
From a larger perspective, China's textile exports Order The recovery is related to the economies of important economies such as Europe and the United States. recovery The problem.
Recently, the Chinese government has obviously changed the formulation of "stabilizing prices" and "ensuring growth".
At the twenty-second Sino US Joint Commission on commerce and trade, Wang Qishan said that the current global economic situation is still grim, ensuring that economic recovery is an overriding task and an unbalanced recovery is better than a balanced recession.
In the wave of global economic recession and recovery, cotton textile industry is like a small boat in big waves.
At present, the cotton market is hard to get more profitable themes, and the slight decline in lint prices will continue. The recovery of demand is a good short-term hope. It is "the most recent straw". store up The volume is not long.
The effect of the market still needs time. Domestic monetary policy fine-tuning is expected to be obvious, but in the short term, the impact on cotton textile industry and cotton prices will be very limited. When the demand for lint is restored depends on the export orders, and the textile export orders are obvious. Warm up We need to ask "economic recovery".
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