Domestic Cotton: Cotton Spot Continued To Decline &Nbsp; Market Pessimistic Atmosphere Strong
Domestic cotton spot today
market
Quotation continues
Fall
。
Market turnover is low.
China today
cotton
Price index (CC Index) 28300 fell 250, 2 level 29667 down 258, 4 4 27376 down 244, 5 grade 25730 dropped 192.
According to feedback from the information staff, there are many cotton warehouses in the area, including cotton stored in small factories, with a grade below three or four.
Recently, along with
Price
Shipments are running low.
At present, a lot of small or twenty thousand spindles of factories have been discontinued.
And medium and large textile enterprises yarn stock is still high, and cotton.
raw material
The inventory is also not low, so the current cotton prices are constantly decreasing, but the volume is in deep trouble. As the market is sluggish, the pessimism of the enterprises is strong. It is also expected that the market will turn around after the May 1 holiday.
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