WELCOME TO WUXI LONGSHINE TEXTILE CO., LTD.
The impact of state cotton auction
You are here: HOME » NEWS » The impact of state cotton auction

The impact of state cotton auction

Views:0     Author:Site Editor     Publish Time: 2020-07-30      Origin:Site

For the detailed influences on the state cotton auction, In summary, the cotton prices will have no large downward pressure caused by the cotton auction, but the sales of reserved cotton are bound to put pressure on spot cotton market. Due to the price and quality of the reserved cotton, some mills are unable to use the reserved cotton or show lower buying interests. However, under the influences of COVID-19 pandemic this year, part of mills has reduced the quality of cotton yarn and turns to produce low-count yarn. Therefore, this part of mills will turn to use reserved cotton, which brings pressure on spot cotton.

QUICK LINK

YARN

POLYESTER STAPLE FIBER

LEAVEMASSAGE

COPYRIGHT ©  WUXI LONGSHINE TEXTILE CO., LTD ALL RIGHTS RESERVED