23, domestic cotton prices continue to strengthen. Spot market, the recent volume has increased, large FangQi groups begin to purchasing, mainly for high-grade new flowers. Spot prices are still on the market is relatively stable, the downstream yarn and downstream of agricultural and sideline products prices are basically stable, purchasing and continued, open around the factory, but as a result of this year, the method of payment, etc, to the mainland enterprises capital has brought a lot of pressure.

JinKouMian China main port price fell, most of the varieties fell 0.5 cents, Greece cotton fell 1.3 cents, while American pima cotton continues to rise because of the strong demand. Lack of core data at present, the market direction, although the consignment cotton more deals, but the market speculation the signings of cotton exports are not ideal, the resulting underpowered forward price rise.

The source "of Chinese textile net"

Editor: Ashcol