Cotton futures

1, the trading atmosphere in the cotton market is active, and the spot market price has risen steadily;

2. rotate. The profit is running at a high level, and the inventory of cotton yarn in yarn mills and cloth mills is low, which stimulates the off-season to maintain the start-up load, but yarn merchants actively hoard goods;

3. The weather has improved, the excellent rate of American cotton has continued to improve, and the per unit yield speculation has come to an end;

4. The demand side is still the core driver, but it has been tested that Europe and the United States are dominant in social economy, the demand for clothing is rising, and the start of work in Southeast Asia is reduced due to the epidemic. Pay attention to the trend of order transfer. The mismatch between global textile supply and demand has gradually emerged, and the uncontrollable factors of epidemic development have attracted attention;

5. Sales of American cotton began to increase in the new year, but there was still no buyer from China, paying attention to the later progress of Sino-US relations.