• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    The Fundamentals Are Bad, And Textile Consumption Is Hard To Recover.

    2020/6/16 11:17:00 0

    Textile

    In the past month, international cotton prices have risen slightly, and ICE futures have risen from 58 cents to nearly 60 cents, and the A index has risen from 65 cents to 68 cents.


    In recent months, global consumption forecasts have been revised down and ending inventories have been raised, but cotton prices are opposite to their fundamentals. One reason is that the market is not so pessimistic about the recovery of the post epidemic market. Another reason is that central banks injected liquidity to make the money supply adequate, making cotton prices similar to that of the stock market. In early April -6, the correlation between ICE cotton futures and standard & Poor's 500 index reached 89%, while the previous year's correlation was only 38%.


    Nevertheless, fundamentals will have an impact on the long-term trend of cotton prices. In the near future, the world bank has lowered the global economic growth expectation, and the global GDP is expected to shrink by 5.2% in 2020. In April, the IMF predicted that global GDP would shrink by 3%.


    Affected by the macroeconomic situation, clothing products have been shelved by consumers. In April, retail sales of apparel in the United States dropped by 48% compared with the same period last year, and retailers' stocks surged and forced to cut sales. In April, American Apparel CPI was the lowest since 1987. Although online consumption also has bright spots, sales decline and profit decline have made it difficult for many retailers to purchase orders.


    In April, the weight of American clothing imports was reduced by 45% over the same period last year. Although April is usually the least time for us clothing imports, this decline has been equivalent to 420 thousand bales of cotton consumption. How long will it take for the consumption of the global epidemic to decline before we know it? Although breakthroughs in medical research may change the current situation, the epidemic is likely to recur at any time, and the global cotton textile supply system has been hit hard.


    • Related reading

    Retail Sales In May Were Close To The Same Period Last Year.

    Expert commentary
    |
    2020/6/16 11:16:00
    0

    The First Time This Year, Volume And Price Rise, The Property Market Is Out Of "Haze"?

    Expert commentary
    |
    2020/6/16 11:16:00
    0

    The Window Period Is About To Close: What Will The New Force Of Car Making Live On?

    Expert commentary
    |
    2020/6/16 11:16:00
    0

    After Market Capitalization: Tesla Shares Can Rise 10 Times?

    Expert commentary
    |
    2020/6/16 11:16:00
    0

    Shenlong, The Last Fight

    Expert commentary
    |
    2020/6/16 11:15:00
    0
    Read the next article

    On The First Day Of The Registration System Of Gem, "Open The Door To Customers": Brokers Patiently Polished Materials And Did Not Rush To Raise Funds In The Middle Of The Week.

    This week to next week will be the peak time for securities companies and enterprises to submit application materials to Shenzhen Stock Exchange.

    主站蜘蛛池模板: 欧美精品18videosex性欧美| 亚洲日本天堂在线| 亚洲1234区乱码| baoyu777永久免费视频| 蜜桃麻豆WWW久久囤产精品| 欧美性理论片在线观看片免费| 性xxxxbbbb| 动漫美女人物被黄漫小说| 久久精品国产久精国产果冻传媒| 91精品国产亚洲爽啪在线观看| 热久久99影院| 国模私拍福利一区二区| 亚洲欧洲无码av不卡在线| www五月婷婷| 男人的天堂av社区在线| 在线网站你懂得| 再灬再灬再灬深一点舒服| 主播福利在线观看| 香蕉免费看一区二区三区 | 日本阿v视频高清在线中文| 国产大陆亚洲精品国产| 久久久久久九九99精品| 美女把腿扒开让男人桶爽了| 日韩在线电影网| 国产一级黄色录像| 久久亚洲精品无码| 老子午夜伦费影视在线观看| 嫩草影院在线视频| 午夜看一级特黄a大片| 久久99精品九九九久久婷婷| 麻豆国产精品免费视频| 最近免费观看高清韩国日本大全| 国产视频福利一区| 亚洲线精品一区二区三区 | 国产免费全部免费观看| 久久99国产精品成人欧美| 精品中文字幕久久久久久| 国内精品在线视频| 么公的又大又深又硬想要| 884hutv四虎永久黄网| 欧美另videosbestsex死尸|