The cotton purchase started, the market was particularly deserted

   Date:2021-03-27     Author:bzsyjf    Browse:5    
Core tips:As the emergency response level for the prevention and control of the new crown pneumonia epidemic has been adjusted fro
 As the emergency response level for the prevention and control of the new crown pneumonia epidemic has been adjusted from the primary response to major public health emergencies in the province to the secondary response and the retreat to low-risk areas, the purchase of seed cotton and the transaction volume of lint are very small, and the overall market still appears abnormal. Deserted.
First, the seed cotton cannot be harvested.
Second, lint was sold sporadically. Textile mills choose futures warehouse receipts, and ginners are more willing to price and are unwilling to sell at lower prices. The spot trading volume of lint on the market is very low. The investigation found that although a few ginners have taken the lead in resuming work after the holiday, most ginners that were originally prepared to resume work after the holiday continue to choose due to the large fluctuations in cotton futures prices after the holiday and the inability of the ginners that resumed work. Wait and see. The few entities involved in the purchase of seed cotton, the difficulty in the purchase of seed cotton and the lack of transactions in lint make the cotton market deserted and devoid of vitality.
 
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