Hubei planting area is slightly rebounded FangQi - sales situation better Textile information - Textile net - Textile integrated service provider

Monitoring system according to the national cotton market researcher from the jianghan plain, the east of hubei office to conduct investigations, planting area of hubei area slightly rebounded. Less local type 400 cotton ginning mill inventories, a few enterprises save cotton for sale, hope to sell a good price. Since mid-may, cotton futures market unusually hot, harden. With cotton prices start, the national cotton reserves round out the daily sell-through rate remained at 100%, the bidding price. Hubei part FangQi taking a cautious attitude of receiving, control purchasing cost. Downstream yarns, grey cloth inventory down to low, good market demand, but the yarn, cloth or is far lower than the prices rise, cotton prices to the downstream industry transfer still need time. Some in the industry analysis, the recent market is in a state of irrational, leading to price distortion. Cotton prices, FangQi and traders to stock up to rob goods, cotton and nervous market, prices rose higher.