Reasons For The Rise In Cotton Prices

market

The amount of cotton in the North China cotton area has been reduced by about 20%. At the same time, the area of cotton production in North China has been affected by natural disasters, and the output is also obviously low. The two is the economic recovery, the market demand for cotton, the larger gap between supply and demand, and the supply of cotton yarn is in short supply. Public information shows that this year's national cotton auction sale has been on the market since August 10th. It has been bidding for 600 thousand tons of cotton reserves through the cotton auction system in the national cotton trading market. However, there is no way to control the price of cotton and increase the price of cotton, and the regulation of national cotton stores is also powerless. Three, some speculators are competing to buy or even hoarding. Comprehensive analysis of cotton prices rose because of last year's domestic and international cotton production area affected by natural disasters, cotton generally failed, and affect the enthusiasm of cotton farmers, planting

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