Last night (June 18th), the leaders of the two countries talked about the tension in the Sino US trade war, and the price of Zheng cotton rose sharply, the highest level to 13935 yuan / ton. However, the cotton companies concerned more about the auction of cotton enterprises' reserve cotton, and the difficulty of spot selling of cotton enterprises was still greater.

At present, the central reserve cotton rotation is under way in 2019. With the further decline of the base price this week, most cotton enterprises will focus on the cotton reserves. This week (seventh weeks), the reserve price of cotton reserves is 13471 yuan / ton, which is nearly 1500 yuan per week compared with the first week, and the dominant reserve cotton is the first choice for enterprises. The enthusiasm of bidding enterprises for purchasing cotton reserves has increased significantly, and the volume of cotton reserves has gradually increased. In June 19th, the average price of cotton reserves was 13007 yuan / ton, up 313 yuan / ton compared with the previous day.

In contrast, the cotton business looks miserable. Before the price cut down, it did not get a better deal. along with futures Prices rose, cotton prices increased more than 300-400 yuan / ton cotton quotes, at present, 3128/29B Xinjiang cotton price quoted at 14300-14600 yuan / ton (public weight, within the border, bring tickets).

In the near future, as the market is getting weaker and weaker, Spin The number of holiday makers has gradually increased, and some small textile enterprises have extremely difficult capital turnover. Material Science The purchase is basically based on the form of payment deposit, the payment of goods in small quantities and the pickup in small quantities. When the summer is coming, it is in the peak period of electricity consumption. Some small textile enterprises have to deal with the sluggish market by stopping production and holidays.