Cotton buying and selling deadlocked the market waiting for the policy guidelines
Textile enterprises to wait for the introduction of policies, basically stop buying, purchase and sale of both parties in a deadlocked state are waiting for the policy of throwing storage after the introduction of bidding prices to see the direction of the late market. Xinjiang seed cotton acquisition into the late, cotton business more confidence in the market outlook. At present, although seed cotton picking is nearing completion in most regions and the quality of the seed cotton sold is declining, as the market generally optimistic about the market outlook and the price increase of cotton by-products do not change, the price of seed cotton as a whole is still slightly rising, and the lint price remains steady Strong pattern. Seed cotton prices continue to maintain a steady rise. Lint prices to smooth the main spot, cotton enterprises to be cotton stores to be up. Textile enterprises to wait for the introduction of policies, basically stop buying, purchase and sale of both parties in a deadlocked state are waiting for the policy of throwing storage after the introduction of bidding prices to see the direction of the late market. Xinjiang seed cotton acquisition into the late, cotton business more confidence in the market outlook. At present, Xinjiang three sales price basically the same as the mainland, processing plant store cotton reluctant sellers.
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