SunSirs--China Commodity Data Group

Language

日本語

한국어

русский

deutsch

français

español

Português

عربي

türk

中文

Sign In

Join Now

Contact Us

Home > Cotton Lint News > News Detail
Cotton Lint News
SunSirs: Cotton Market: Paying Attention to the Seeding of New Cotton
May 06 2023 10:33:27()

On April 29th, the benchmark price of lint at SunSirs was 15766.50 RMB/ton, an increase of 3.27% compared to the beginning of this month (15266.83 RMB/ton).

The decline in planting area in the new year and the expected rush to harvest have led to a relatively strong overall performance of Zheng cotton prices. In terms of spot goods, the industry has entered the off-season, and textile companies' raw material procurement is slightly weak. Finished product inventory has slightly increased, and demand side support will gradually weaken. Cotton prices have limited room to rise, and are expected to show a mainly volatile trend. The short-term weather disturbance in the main production area has a great impact on market sentiment, paying attention to the seeding of new cotton and changes in the surrounding macro environment.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

【Copyright Notice】In the spirit of openness and inclusiveness of the Internet, SunSirs welcomes all media and institutions to reprint and quote our original content. If reprinted, please mark the source SunSirs.

Exchange Rate:

8 Industries
Energy
Chemical
Rubber & Plastics
Textile
Non-ferrous Metals
Steel
Building Materials
Agricultural & Sideline Products