[The cotton market is under pressure, enterprises actively bidding]
Release date:[12:42:39 AM] Read a total of [730] time

The continued high transaction rate of reserve cotton provides a guarantee for the stability of the cotton market when the market is in a weak state. The low price advantage of reserve cotton continues to attract bidding companies to actively participate in the bidding. First, it reduces the production cost of the company; second, it caters to the needs of companies to receive low-count yarn orders. When the foreign trade was affected by the epidemic and the export was not smooth, domestic consumption gradually recovered, which provided support for the low-count yarn market; thirdly, it provided underpinning protection for the market, effectively suppressed the fluctuation range of cotton prices, and provided downstream enterprises with stable production. Guarantee.


   Week: August 10-14, round out data


   China Reserve Cotton Management Co., Ltd. has listed a total of 45,100 tons of cotton reserves, of which 26,200 tons of Xinjiang cotton and 18,900 tons of real estate cotton.


From August 10-14, the average transaction price of reserve cotton rounds was 11,722 yuan/ton, an increase of 67 yuan/ton from last week; the standard grade (3128) price was 13,021 yuan/ton, an increase of 45 yuan/ton; the average price increase was 894 yuan /Ton, down 430 yuan/ton; the highest transaction price was 12460 yuan/ton, and the lowest price was 10440 yuan/ton. Among them, the average transaction price of Xinjiang cotton was 11914 yuan/ton, with an average increase of 1015 yuan/ton; the average transaction price of real estate cotton was 11,455 yuan/ton, with an average increase of 714 yuan/ton.


   Cumulative: Data will be released from July 1st to August 14th


   China Reserve Cotton Management Co., Ltd. has listed a total of 279,000 tons of cotton reserves, including 152,000 tons of Xinjiang cotton and 127,000 tons of real estate cotton.


From July 1 to August 14, the average transaction price of reserve cotton was 11,594 yuan/ton, which was converted to standard grade (3128) at 12,881 yuan/ton, the highest transaction price was 12460 yuan/ton, and the lowest price was 10440 yuan/ton; The average transaction price of Xinjiang cotton was 11786 yuan/ton, and the average price increase was 1120 yuan/ton; the average transaction price of real estate cotton was 11363 yuan/ton, and the average price increase was 703 yuan/ton.


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Jiangsu Haibang New Materials Co., Ltd. Tel: +86 13852860709 Fax: +86 0523-86811428 Address: Factory 1: No. 9, Donglian Road, Binjiang, Taizhou City, Jiangsu, China 225300 Factory 2: Hailun Road, Sixiang Town, Taizhou City, Jiangsu, China 225300
Copyright: Jiangsu Haibang New Materials Co., Ltd. Technical support: China polypropylene network