Domestic Cotton Prices Are Steady Down, Zheng Cotton Long-Term Weak Shocks

On 21 June, the China cotton reserve management company plans to sell and store 91 thousand tons of cotton reserves, all of which are made of domestic cotton. The actual turnover is 12 thousand tons, with a turnover rate of 13.43%. As of today, the cumulative output of reserve cotton in 2013 has been 1 million 644 thousand and 800 tons, of which 1 million 542 thousand and 800 tons of domestic cotton have been traded and 102 thousand tons of imported cotton.