The Downward Trend Of Cotton Prices Slowed Down By &Nbsp, And Sales Were Not Large.

Domestic cotton spot prices are slowing down.

The national development and Reform Commission released the plan for the temporary storage and purchase of cotton in 2012.

The textile enterprises are cautious about this, and the purchase of lint cotton can satisfy the short-term production. Currently, the sale of gauze products is not clear at present, but the cotton enterprises' acquisition is running smoothly, and the turnover of cotton sales is not very high. The cotton growers' confidence in planting cotton has been improved. However, some people in the industry responded that the cost of cotton planting has been rising sharply in recent years, especially the rapid increase in labor costs. The policy of collecting and storing more is to ensure the stability of cotton planting area, but it is difficult to stimulate farmers' enthusiasm for planting cotton.

The price of China's main port of imported cotton continued to decline, or around 0.75 cents.

Judging from the market situation, the continued weakening of outer cotton leads to a further increase in the price difference between inside and outside cotton mills.

At present, there is no good news for the market to support a big rebound in cotton prices. A new round of purchasing and storage prices has improved, but this has limited impact on the market this year.

Analysts said that unless the downstream consumption improved significantly, cotton would remain vulnerable.