Details about reserved Xinjiang cotton, upcountry cotton and imported cotton

From Jul 5 to Nov 30, total volumes offered for sales were 1.5428 million tons, and the volumes sold were 1.2032 million tons, with a trading proportion of 78%. Xinjiang cotton was basically fully transacted every trading day, while the volumes reduced gradually. Total volumes of reserved Xinjiang cotton offered for sales were 627.8kt, and the traded volumes were 625.3kt, with a trading proportion of 99.6%. In addition, from Nov 15, the reserved Xinjiang cotton sold was from 2019/20 season. Reserved imported cotton was also lured market attention, with the trading proportion maintaining at 100%. Daily volumes offered for sales basically kept at 3,000 tons, and the total trading volumes were 38.4kt. For reserved upcountry cotton, total volumes offered for sales were 539.5kt, with a trading proportion of 61%. From Jul to Sep, downstream demand was relatively good, and trading proportion of upcountry cotton maintained at 100%, but from Oct, the daily volumes offered for sales increased, and quality reduced, so the trading proportion reduced and fluctuated widely, at 5-97%.