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Since Zhengzhou major cotton contract, Sep contract, rose to 11,600yuan/mt in early June, market buying has weakened, and the downstream cotton yarn and grey fabric markets also maintained a weak run. In this case, Zhengzhou cotton futures market remains “high” and the trend has not turned downward
Cotton textile industry starves for "lower supplied" reserved cotton in 20192019-04-26 09:34:54 CCFGroupOn April 23, the National Food and Strategic Reserves Administration and the Ministry of Finance announced about state cotton auction and reserve in 2019. The state cotton reserves sales will be f
