1、 Price quotation
The price of 3128b lint was around 15936 yuan / ton on the 19th, according to the data of business news agency.
This week, the domestic cotton spot market remained stable, 19 China cotton price index 3128b level 15925 yuan / ton, flat with yesterday. Cotton mainly showed a slight shock. In the off-season of textile industry, most textile enterprises focused on rigid demand and purchased in small batches. In terms of futures, Zheng Mian’s volatility remained stable. On the 19th, the main contract 2109 of Zheng Mian opened at 15780 yuan / ton and settled at 15720 yuan / ton. Ice cotton, due to the decline of the US dollar index on the 18th, the cotton period changed from continuous decline to improvement, and the weather situation needs to be paid attention to in the future.
According to customs statistics, in April 2021, China imported 230000 tons of cotton. In 2021, China imported 1.2 million tons of cotton and 230000 tons of cotton yarn. In 2021, China imported 800000 tons of cotton yarn. By the end of April, the national cotton commercial inventory was 4132100 tons, which was 449100 tons less than that of last month and 108100 tons less than that of the same period last year, and was the second highest in the same period of nearly four years.
Forecast: Textile off-season arrival, enterprises take goods will not be strong, downstream on-demand procurement, it is expected that the future of cotton or shock down.
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