Up to now, 63411 tons have been sold by the state, the turnover has been in a low state. Textile enterprises continue to wait see. At present, the industrial commercial stocks of cotton in the market are slightly lower, mainly due to the continuous stability of orders of textile enterprises the continuous increase of consumption of medium high-grade cotton by textile enterprises.
In the new year, cotton production will continue to decline, the role of cotton consumption will continue to appear. Pay close attention to the situation of national storage the subsequent listing of new cotton.
In the long run, it is recommended that industrial customers actively enter the market to maintain their value, speculators can do long in the bargain hunting. In the short run, it is recommended to sell short in the high market.