It Remains To Be Seen Whether The Cotton Market Can Heat Up.

The national cotton trading market announced that since July 14, 2015, the Xinjiang production and Construction Corps' cotton auction was organized, and the original new frontier cotton auction trading time began after 15 minutes of closing the market for the BINGTUAN Cotton auction.

So far, cotton enterprises have been buying cotton with three competing ways, namely, reserve cotton, corps cotton and Xinjiang cotton.

Now the three way of bidding is fierce fighting.

It is hard to predict who will be the last winner. However, such a result will be a good news for downstream cotton enterprises. The cotton market will become more and more popular in the future.

According to the director of Xinjiang cotton and linseed company, the number of cotton sold by the first round of the regiment was 200 thousand tons, of which a considerable part came from the 380 thousand ton storage and storage cotton of the regiment.

Over time, the regiment

With the increase of Japanese drama, especially when the new cotton market is approaching in 2015, how to deal with and digest inventory becomes a "heart disease" of the Corps.

In fact,

Since the launch in July 10th, it has been heated by all parties.

On the first day, the turnover of cotton reserves reached 8704 tons, with a turnover rate of 28.7%, which exceeded most people's expectations.

Just when people had hopes for the turn out, the volume fell rapidly to 5043 tons on the 13 day, and the turnover rate dropped to 14.9%. Today, the turnover volume has dropped to 4090 tons again, and the turnover rate has been reduced to 8%, which is like a roller coaster general paction, which makes people worry about the subsequent rounds.

Careful calculation, at present, there are three ways to buy cotton for cotton enterprises.

From the results of the previous paction, Xinjiang cotton launched a daily amount of resources, and the volume of pactions is also small, the impact on the entire market is limited.

In particular, the sale of Xinjiang cotton was further affected after the launch of the reserve cotton wheel.

But the corps cotton "kill", and the impact on the reserve cotton, after all, the first day of the lowest price of 10480 yuan / ton for cotton business is still very tempting.

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