Weekly Report: Cotton Yarn (Feb. 27th- Mar. 2nd)
Author: Mar 05, 2012 14:48
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As a whole, the cotton sales were rebounded this week, and the cotton mills continued to purchase seed cotton. now the average price of 527 level cotton was 16,955 Yuan/ton, fell 1 Yuan compared with February 29th, 328 level was 19,601 Yuan/ton, fell 2 Yuan/ton, and 229 level was 20,878 Yuan/ton, fell 3 Yuan/ton compared with February 29th. It was expected that the cotton price would continue to rise slightly next week.
The price of all cotton yarn continued to decline, which the trading volume focused on 32s and 40s, and the demands of air-jet nylon/cotton products were good, now the leading price of 32S was 26,000 Yuan/ton, and combed 40S was 32,000 Yuan/ton. It was expected that all cotton yarn price would decline next week.
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Editor: sunny From: 168Tex.com
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