China Textile City: Stock Market Helps Boost Sales

Since the beginning of the week, the number of shares in Textile City has become more and more.

One week, driven by the rise in stock market volume, the whole social environment was exuberant, especially in the textile industry.

Although the market share of textile fabrics is not directly related to the textile city in a week, the indirect changes have come into being.

In the past week, there has been an increase in the number of foreign and domestic traders in the market, and the importation of cloth has been increasing everywhere.

A lot of entrepreneurs who participated in the stock market had a lot of happiness in the past week. They believed that the trend of the stock market did not change.

According to the current social structure, there are ten years or so that the demographic dividend is basically positive.

One week, as people began to see clearly, the textile industry grew stronger and stronger, acting more straightforward and more trustworthy. They became more friendly with each other, sending more credit and eager to get more cloth than last week, prompting the delivery of packaged goods to delay at night, and the overall operation of the whole light spinning City was faster than last week.

This week is the gradual rise of the textile city in the sixth consecutive week since the end of October, and it is also the biggest rising channel since the second half of the year.

A week later, as the old stock market investors unlocked and the new shareholders did not make any profit, the corresponding tolerance of the economic pactions in cloth Management slowed down, which brought positive effect to the market operation, so the sales volume began to increase significantly this week.

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In recent days, the weather in Chizhou, Anhui is very good, but the seed cotton purchase is still cold and clear. Cotton enterprises are only buying sporadically, and only cotton seeds and cotton which are of good quality and reasonable price are received by cotton farmers.

As of December 7th, the purchase price of local seed cotton was about 3 yuan / kg (39% of lint, 13% of moisture and 1.3% of impurities), but because cotton farmers used to sell flowers, there were very few grade 3 cotton and most of them were only 4 or below.

At present, the spot market is difficult to disperse, and the sale of lint is difficult. The quotation of textile mills continues to fall and the capital withdrawal is rather slow. Therefore, cotton enterprises have to cut down the price of seed cotton, down 0.15 yuan / ton compared with last week.

Cotton traders go to the countryside

The price also dropped with the purchase price of the market, between 2.60-3.00 yuan / Jin.

The spot price of lint also dropped by 200 yuan / ton compared with last week, and the 3 level quoted price was 14000 yuan / ton (delivery, ticket and cash), and the 4 grade was 13650 yuan / ton.

The delivery price is higher.

Low 200-250 yuan / ton.

The overall slump, however, although the cottonseed downstream buyers are not prosperous, but because of the gradual reduction of cottonseed, cotton enterprises will be strong in price, so cottonseed quotes are basically stable.

Similarly, cotton lint is also low in price and difficult to sell. Good quality cotton lint is still available, and the poor quality is not known. It is understood that the quality of cotton short pits in the mainland is relatively low this year, mainly because cotton lint is not valuable. In order to reduce costs, the management of cotton enterprises in the processing process is not enough.

As of December 7th, the local cottonseed was about 1.05 yuan / kg, and the cottonseed was about 1 yuan / kg, and the cottonseed oil was about 5200 yuan / ton. The lint was about 2700 yuan / ton, cottonseed meal was about 2350 yuan / ton, and the cotton shell was 1650 yuan / ton.