Domestic cotton yarn market on September 27

The recent spot market of pure cotton yarn has improved compared with the previous period. The inventory level of spinning enterprises has generally declined. The inventory of conventional yarns has declined rapidly, and the decline of high-count yarns has been slow. The price is mainly stable. Under Zheng Cotton's sharp drop, the price of pure cotton yarn is expected to be weaker in the future.　　 Zheng cotton and cotton yarn futures fell sharply and hit a new low yesterday. The National Day Zheng cotton and cotton yarn futures margin was raised to 17%. The cost of new cotton in Xinjiang is low. After the National Day, centralized processing and procurement may begin, and there is a high demand for hedging in the market. In the short term, it is expected to continue to be weak and dominated. Article Keywords: 　Cotton Yarn