Lack Of Demand To Boost Cotton Shipments Under Pressure

Recently, the owner of Zheng cotton has been concussing in the 11700-11900 yuan / ton box, and the market short playing game has weakened slightly. Investors are waiting for no action and waiting for the emergence of new driving factors. At present, it has entered the traditional textile off-season, and the epidemic situation is still spreading abroad. The market is expected to be more conservative in textile and clothing export, while domestic consumption space is also limited. Therefore, under the pressure of bottom and pressure, some of the operators think that the market lacks market trend, and that the operation enthusiasm of them is obviously cooled down under the strategy of less action.

According to the feedback situation of some cotton warehouse in the mainland, inventory is relatively stable at present, and the number of sunrise bank is more obvious than that of futures. When futures prices go down, the number of bills of lading issued will be more, and the futures prices will rise, so the volume of shipments will drop. According to feedback from some textile factories, the epidemic situation has not been fully controlled at home and abroad, and there is no rapid digestion of yarn inventory. If there is bad news in the market, spinning enterprises will surely lower the purchase price. Therefore, many trade enterprises also understand the truth. Generally speaking, when futures prices fall, they will come to the mills to offer spot price resource declarations. Some traders will get a deal in order to get a small profit, part of them or to complete the established sales tasks, and some people or timely return of enterprise funds. Expand the price war. Over time, participants became physically and mentally exhausted, and their operational enthusiasm also declined. Along the way, you may find that as long as the market is not good enough, cotton prices will fall back. It seems to be a hidden rule.

According to a survey of some trading enterprises in Jiangsu and Shandong, the cumulative sales volume of cotton decreased significantly since June. At the beginning of the month, cotton prices rebounded and sales were unsatisfactory. But last week, the average daily number of enquiries began to decline, and every time they were able to deal were basically cost effective than those in the mainstream market. So, in the 6-8 months, there is no hope of rapid recovery of demand. Many enterprises say they have to make preparations for hard work.