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  • India Cotton farmers hold cotton and are reluctant to sell it. Export of cotton decreases greatly

    According to Reuters, Indian industry officials said that despite the increase in Indian cotton production this year, Indian traders are now difficult to export cotton, because cotton farmers expect prices to rise in the next few months, so they delayed selling cotton. At present, India’s s...
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  • Why Did Cotton Imports Continue To Soar In October?

    Why Did Cotton Imports Continue To Soar In October? According to the statistics of the General Administration of Customs, in October 2022, China imported 129500 tons of cotton, an increase of 46% year on year and 107% month on month. Among them, the import of Brazilian cotton increased significan...
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  • The Transaction Of RMB Resources Is Light. Textile Enterprises Are Not Eager To Replenish Inventory

    The Transaction Of RMB Resources Is Light. Textile Enterprises Are Not Eager To Replenish Inventory According to the feedback of cotton trade enterprises in Zhangjiagang, Qingdao and other places, due to factors such as the sharp callback of Zheng Mian on November 21, the continued weak demand, a...
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  • The Demand Is Shifted From Import To Domestic, And The Traders Are Not Active In Purchasing

    The Demand Is Shifted From Import To Domestic, And The Traders Are Not Active In Purchasing In the week of November 14-21, the spot market of imported yarn was still flat, with few transactions. Guangzhou Zhongda market was affected by the closure, Foshan Pingdi cowboy market was also notified la...
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  • Weak Yarn Price and High Inventory

    Recently, many textile mills in the Yellow River basin reported that the recent yarn inventory has increased significantly. Affected by the small, small and scattered orders, the enterprise is not only buying raw materials when they are used, but also stepping up de stocking to reduce the operati...
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  • The World Cup is coming

    Three days down to the 2022 Qatar World Cup, Yiwu merchant Wang Jiandong, who has been a peripheral product of the event for more than a decade, is still working overtime. “We are waiting for the customer’s design, and it will be delivered at 2:00 pm. After tomorrow’s flight del...
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  • The Quotation Of Imported Cotton Rose Sharply

    On November 16, the quotation of China’s main port rose sharply. The international cotton price index (SM) was 108.79 cents/pound, up 2.51 cents/pound, converted to 18974 yuan/ton of general trade port delivery price (calculated at 1% tariff, and the exchange rate was calculated at the midd...
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  • The inventory continues to rebound, and the shipment of Brazilian cotton is slow

    According to the feedback of cotton trade enterprises in Jiangsu, Shandong and other places, although the cotton inventory (including bonded and non bonded) in China’s main ports has continued to decline since November, and the vacancy rate of some warehouses with slightly deviated location...
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  • The Future Of Cotton After G20

    In the week of November 7-11, the cotton market entered consolidation after a sharp rise. The USDA supply and demand forecast, the US cotton export report and the US CPI data were released successively. On the whole, the market sentiment tended to be positive, and ICE cotton futures maintained a ...
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  • United States New cotton may be threatened again due to continuous rainfall in cotton producing areas

    According to the weekly drought early warning report issued by the United States Oceanic and Atmospheric Administration, with the continuous impact of record rainfall in the past two weeks becoming obvious, the widespread drought situation in some parts of the south continued to improve for the s...
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  • Germany will support 10000 Togolese cotton growers

    In the next three years, the German Ministry of Economic Cooperation and Development will support cotton growers in Togo, especially in the Kara region, through the “Support for Sustainable Cotton Production in C ô te d’Ivoire, Chad and Togo Project” implemented by the German Te...
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  • Cotton yarn prices in southern India fluctuated. Tiruppur market fell back

    The cotton yarn market in southern India was mixed today. Despite the weak demand, the price of Bombay cotton yarn remains strong because of the high quotation of spinning mills. But in Tiruppur, the price of cotton yarn dropped by 2-3 rupees per kilogram. The spinning mills are eager to sell the...
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