Seed cotton, cottonseed prices steady decline in lint prices vulnerable

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) October 21, 2011 --

Cotton seed cotton spot market is, cottonseed prices fell, lint prices steady vulnerable situation. Bureau of Statistics data show that the first three quarters of GDP gradually declined, but remained at a high level of domestic inflation, monetary policy turned to the future point in time or will continue after the shift. Order to reduce the current downstream textile industry, textile enterprises lint sharp drop in demand, coupled with the international rise in bearish sentiment ICE futures, spot prices fell imported cotton, cotton market is deserted, non woven bag supplier the market still short-term adjustment pressures.

China imported cotton price fell across the main port, the decline of basic varieties of more than 1 cent. At this stage, Rpet bag supplier demanding the price of textile enterprises, the recent weakness of the domestic market to wait for prices to further promote the textile mills in place and then shot. Meanwhile, near the end of the cotton mills are mostly required to be shipped to Hong Kong before the non woven Bag end of the year to account for actual raw material inventory, so the focus is now about to cotton to the spot outside Hong Kong. Source: www.cnmhc.com

non woven bag     non woven bag supplier     RPET Bag supplier