Domestic Cotton Yarn Prices Basically Stable

< p > domestic spot price is generally stable, international < a href= "//www.sjfzxm.com/news/index_c.asp" > cotton price < /a > weak down, domestic a href= "//www.sjfzxm.com/news/index_c.asp" > cotton yarn < /a > prices are basically stable.

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< p > 2, the domestic cotton price runs smoothly.

The new cotton is coming on the market. Although the early drought weather has many effects on crops, the overall pattern is still good. The supply of cotton is becoming more and more relaxed, but the demand for the cotton market is still in the doldrums. The imbalance between supply and demand will continue to bear downward pressure on cotton prices.

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< p > the spot price in the market is more stable. In the absence of supply, the price of high-grade cotton, extra cotton and long staple cotton has risen slightly, and the price of high and low hybrid cotton is also relatively strong.

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< p > the price of China's main port of imported cotton rose by 0.25 cents.

Judging from the recent week's situation, the price of cotton fell steadily after the fall, and many large and medium-sized enterprises with purchasing demand increased their enquiries and purchases on imports.

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< p > because the new cotton flower resources are tight before the end of the year, the enterprises that need to replenish the cotton stocks can only find the right source of goods after the bonded cotton and the Australian cotton after the price cuts, so the pressure of port inventory will not increase significantly in the future.

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< p > analysts believe that the current demand is not enough to support the rebound of cotton prices. < a href= "//www.sjfzxm.com/news/index_c.asp" > textile enterprises < /a > also do not accept high prices, but the stable and weak price level is expected to make some of the demand surfaced.

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