United States: The spot price of lint fell

On August 16-22, 2019, the average spot price of standard grades in the seven major domestic markets was 53.69 US cents/lb, a decrease of 1.07 US cents/lb from the previous week and a decrease of 25.5 US cents/lb from the same period last year. That week, 10,167 bales were traded in the seven major domestic spot markets in the United States, and 28,919 bales were traded this year. Domestic spot prices in the United States have fallen, new flower export inquiries in Texas are acceptable, and demand in India, Turkey and Vietnam is the best. Foreign inquiries in the Western Desert and St. John’s Region are weak, and the price of Pima cotton is stable. Inquiries abroad The price is light. During the week, domestic textile mills in the United States made inquiries for the recently shipped grade 41-4-36 cotton, and for the 41-4-35 grade cotton shipped from the first quarter to the third quarter of 2020, most of the factory’s raw material inventory was maintained up to In December of this year, the demand for open-end spinning and ring spinning was normal. The export demand for US cotton is average, and the Far East Dadi Textile Mills have inquiries for all kinds of special and low-grade cotton. Article keywords: 　U.S. cotton exports new cotton