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[Anhui: Countdown of reserve cotton rounds]
Release date:[2018/9/30] Is reading[786]次

In 2018, there were only 6 trading days left in the reserve cotton round. According to the reserve data of the reserve cotton trading company, since the middle of this month, especially in recent trading days, Anhui textile enterprises have increased their reserve cotton auctions. The amount has increased significantly.


It is understood that Anhui textile enterprises to increase the auction volume before the end of the round is mainly based on the following three reasons: First, the recent reserve cotton auction is not too intense, the transaction price is relatively stable, the auction success rate is higher; the second is since March 12 It has been six months since the start of the Japanese round. Most textile companies are using reserve cotton. Not only is the business habit, but it is also more cost-effective than the new cotton in 2017, so I want to stock more before the end of the round; Third, although the new year seed cotton has been listed, but the large-scale sales have not yet begun, the amount of lint processed in the ginning factory is very small, which is not conducive to the purchase of cotton enterprises and the use of cotton. It is necessary to leave one and a half months of inventory to ensure the normal production of the enterprise.


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