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Xinjiang's Gurbang Festival is coming, cotton purchases have a small impact

by:Chengyi     2021-03-15
September 1 is a traditional holiday for the majority of Muslims-Gurban Festival. September 1-5 is closed for a total of 5 days. Affected by traditional festivals, Xinjiang cotton purchases have been slightly affected.  Currently, the number of cotton enterprises purchased by Xinjiang Kaizhen is not large, and most of them are cotton processing enterprises. The purchase price is 6.5-7.3 yuan/kg, which varies from high to low. Industry insiders believe that the current purchase price is 'non-mainstream' and not representative. With the arrival of the Gurban Festival, the cotton market also has a festive atmosphere. The cotton enterprises that did not open the scale plan to open the scale after the holiday, and the cotton enterprises that have opened the scale insisted on the purchase, but the purchase volume mostly declined. Article Keywords:  Xinjiang Cotton
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