Gansu Jiuquan Cotton Prices Fell &Nbsp; Some Textile Enterprises Have Limited Production.
Jiuquan, Gansu
Area 329 lint price quoted at 30000 yuan / ton (Xinjiang cotton), it is understood that
Spin
Purchase before factory
Cotton price
For 30000 yuan / ton, but now cotton prices all the way down 29000 are not necessarily willing to buy, he said that although now all spun are all high yarn, due to higher processing costs, resulting in poor product sales, in order to avoid more losses, the
Spinning enterprises
Already
Stop production
In part, raw materials are also less than half purchased.
Now cotton processing plants want to sell, and buyers can not be found, so the two sides are at a stalemate.
Henan Shangqiu area 429 lint price quoted at 25000 yuan / ton (without ticket to factory price), 329 grade lint has been sold before, cottonseed at 1.5 yuan / Jin.
Now that cotton is falling fast, the cotton company will have to deal with losing money and sell it as soon as possible.
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