Domestic Cotton And Imported Cotton Spot Prices Fall
19 days, domestic
cotton
Goods in stock
Price
Down, textile mills are still buying and using.
Goods in stock
High grade cotton is scarce. At present, the sales situation of most textile enterprises is not good. Even if the products are sold, many of them are accepted, which undoubtedly increases the financial pressure of enterprises.
Seed cotton acquisition, due to the low purchase price, seed cotton market activity is still not high.
The price of imported cotton in China's main port has been slightly lowered, and the varieties have generally fallen by 0.20-0.50 cents.
With the stagnation of spot and forward sales of ports, the coming of large quantities of foreign cotton to Hong Kong, the gradual listing of high-grade cotton and the drop of cotton prices, Cotton Traders' spot quotas are gradually loosening.
Textile mills with quotas still waiting for the right opportunity to fight for cotton imports into the port before the end of the year.
- Related reading
Cotton Prices Plummeted And Clothing Prices Soared &Nbsp; Clothing Prices No Longer Worked With Cotton Prices.
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