Recently, a clear trend of rising prices of lint, lint from the local area and then to make an offer of 300 yuan / ton rose sharply, while the price of lint cotton prices are also driven by a strong upward steadily rose, cotton textile companies adopt psychological and reluctant sellers
The purchase will have enhanced differences both buying and selling, the market volume is not. The current high prices because foreign cotton, the property of poor quality cotton, Xinjiang much business favor.
In addition, the "two sessions", the textile industry "labor shortage", cotton support policies, regional metastasis, transformation and upgrading, export trade friction, low-carbon, the export tax rebate and tax representatives and other content into a hot topic.
Yarn prices increased steadily around the country, for the supporting role of cotton prices become more apparent, the current textile enterprises gradually started to resume production, short-term increase in demand for cotton, the cotton price will support, but in Europe and Asian countries on China's exports Shi
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Plus the premise of obstacles, financial pressures still exist, to bring pressure on cotton market clearly is not to be underestimated.
As for financial reasons before the holiday textile industry did not keep a lot of cotton, so that parts of the cotton textile enterprises have tension. Cotton on behalf of the Mainland's CNCottonB 328 index rose 61 yuan on Monday / ton, the price is 15,066 yuan / ton.
Spot prices remained the spot market prices, hoarding goods store cotton enterprises are mostly reluctant to sell, offer delivery mostly 15200-15300 yuan / ton. Cotton prices are still mainly based on sales of low-grade cotton, cotton is more than three stockpile to be up. After the cotton market on the scarcity of resources
Add more and more apparent, especially in the overall rise in the price of cotton after the inside and outside. Cotton shipments are still very slow, spinning enterprises purchasing pressure space narrowing, therefore, the domestic cotton market outlook is more optimistic about the cotton market enterprises, offer constantly increase.
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