Henan Cotton Association: Cotton Spot Prices Are Strong And Sales Are Slow.

In recent years, the price of cotton futures market has been greatly reduced due to various factors, such as Zheng.

In the early days, the spot price of Xinjiang cotton in Henan province was above 33000 yuan / ton, which was affected by the decline of cotton futures price, but the spot price also fell, but the decrease was only 1500 yuan / ton.

At present, the spot market price is still maintained at around 32000 yuan / ton, but the shipment is slow.

Although spinning enterprises are not actively buying, most cotton enterprises are reluctant to sell at reduced prices.

Cotton production and sales situation: first, sales are not good, inventory increases; two, the price decline is larger, the downstream is still not buying.

At present, some spinning enterprises have been in stock for 1 months or so, especially the sale of pure cotton yarn.

It is also understood that cotton prices have been operating at a high level. Individual small scale spinning enterprises have now changed their products, and all cotton yarns are pformed into cotton or other blended yarns.

In terms of PET staple, the situation has changed little, the price has dropped slightly, and sales have been slow.

The acquisition of cotton is at the end of the year. Only small cotton traders buy sporadically, and the price is about 6.2 yuan / Jin.