Spot Market Smooth External Yarn Competitiveness Again Drop

- Apr 11, 2017 -

Since March, the domestic flower yarn spot market is relatively stable, the reserve cotton prices are high, the price drops after the steady, domestic futures and international cotton price fluctuation is larger; downstream yarn sales smoothly, the profit level to maintain a good level, external yarn price competitiveness further weakened; the situation of cotton production in the new Year is more optimistic, the global and domestic cotton planting area may increase markedly; the domestic financial policy is tightening, the international commodities trend is weak.

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