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Cotton market trading is not flourishing market of
October 20, 2011 China cotton exchange
Recently, the national bureau of statistics report showed China's third quarter GDP growth is slowing, market increased concerns, investors appeared cautious, the cotton market trading is not popular vice, prices steady decline.
On 19 October, the domestic price of a drop of cottonseed stability. Recently, the price of cotton at home and abroad continued to slide, cottonseed squeezing in the red state, and downstream products demand not beautiful, further repression cottonseed prices.
Domestic cotton oil market sales bounced back to adjust prices in Richard situation. Peripheral market bad, the domestic soybean oil, palm oil price shocks are vulnerable period, to cotton oil market with pressure.
Domestic cotton pulp market clinch a deal the slow, steady market fell slightly. Recently, the domestic pork prices decline, GaHuaChang open probability gradually raise, cottonseed supply gradually rise, all to the domestic market to bring pressure used again.
Domestic linters price most sluggish, local market softening. Recently, the price of cotton at home and abroad continued to slide, and domestic waste-water and refined cotton plant entering the market enthusiasm is not high, all bad linters market.
Source "the Chinese textile nets"
Edit: lara