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Henan cotton association: cotton spot price up sli
At present henan spot market price of cotton is stable and the general level 329 in xinjiang cotton clinch a deal valence has 20000 yuan per ton. On the market a higher level of cotton has not much see, of high quality cotton prices can reach about $21000 per ton.
Textile enterprise the situation still didn't fare any better. Although cotton yarn sales was okay, but and delivering little change compared, there are still many inventory, and enterprise received accounts for a considerable proportion of acceptance. Because too much, not use, accept it and accept cash sales sales price difference is very big, roughly every tons in 1000 yuan or so.
Additional as we have learned, some time ago the province of continuous wet, caused the cotton farmers cut production, is still part of this year's cotton prices have high expectations. The spot market price and the ShouChu prices close to, buy enterprise, cotton farmers are taking a closer look at ShouChu dynamic, farmers psychological heavier contract-signing process.
Source "the Chinese textile nets"
Edit: lara