Recovery Of Cotton Yarn Sales Is Expected To Increase

Beginning in mid September, the "hibernating" cotton market has finally regained consciousness for a long time.

According to the reporter, recently, the turnover volume of Yongcheng cotton yarn has been continuous. Even before and after the national day, the bulk trading of some cotton yarn Market in Yongcheng is still very busy. Many cotton yarn operators want to take advantage of the good news of the autumn and winter cotton peak period and the state's raising the temporary storage and purchase price of cotton in 2012.

Yesterday, the reporter came to Jiangbei.

It was found that a vehicle carrying cotton yarn came in and went out more lively than the same period last year. Lv Chun, general manager of the market, told reporters that since the beginning of September, they have been very busy. They only rest 2 to 3 days for the National Day holiday, and they are going to work for the cotton yarn operators.

The daily turnover of cotton yarn has been dramatically enlarged. In the middle of the month, the cotton yarn of the highest day was 216 tons, and the average daily turnover after the National Day was more than 100 tons, compared with 20 tons in the same period last year.

From the winter of 2010 to the spring of 2011, the price and sales of cotton yarn experienced a sharp fall and long-term consolidation. Until recently, the sales of cotton yarn began to go out of the trough, and the stock of cotton yarn also increased from the lowest more than 1000 tons to the current more than 2000 tons.

According to the reporter, this Yongcheng

The market starts and is influenced by many factors.

Yesterday, some cotton yarn operators from Xinjiang and other places told reporters that from the middle of late 9, frost appeared in many parts of Xinjiang. Cotton picking was obstructed, and the supply of goods was tight. The second was that the state's cotton temporary storage and purchase price in 2012 was set at 20400 yuan per ton, an increase of 600 yuan over the previous year.

And many cotton yarn operators see this year cotton temporary purchase and storage price increase and the state started cotton storage and storage, and the price of cotton yarn is still low consolidation, so cotton yarn will be.

The expectation is that a large number of goods will be started.