Cotton Plunged &Nbsp; Electronic Disk Rebounded.

Affected by the external market and the entire commodity market, the electronic market of the two cities in China has rebounded strongly, and spot prices are still falling. The rebound of electronic discs has brought some hope to the already fragile cotton enterprises. The textile mill has not yet acted on the scene, and the purchase is still in use with the purchase.

The textile factory reflects that the new list is mostly blended yarn, and the factory's

Today, China's cotton price refers to (CCIndex328) 24831 yuan / ton, down 414 yuan, 527 cotton to plant average price 22895 yuan / ton, down 350 yuan.

According to the April macro data released by the National Bureau of statistics, CPI is still at the expected high level, and customs import data is also cut down. It also shows that China's domestic demand is not good at the stage. In general, macro tightening expectations and poor domestic demand may continue to restrict the overall strength of commodity prices.

The cotton textile industry should say that there has not been any improvement in the early stage of downstream poor state, especially in the recent period. The downstream textile enterprises have stopped production, limited production and holidays. The number of buyers from Europe and the United States who came to discuss this year is very few. The spot price of cotton is still in a downturn in the adjustment, and the whole industry is still in a weak position.

Nevertheless, the procurement of textile enterprises is still cautious.

In addition, the monthly report of the US Department of agriculture will announce the new year's forecast for the first time in May.