Hebei Cangzhou: Market Pessimism, Less Cotton Trade
With the gradual increase of temperature, cotton in Cangzhou, Hebei has entered the stage of preparation. At present, the main tasks of cotton are fertilization, irrigation, deep ploughing and breeding. It is expected to be sowed in late spring or early April.
People mistake for a while. Despite the impact of the epidemic this year, agricultural production in Hebei has recovered slightly later than in previous years. But cotton farmers say they will seize the farming season to ensure that they do not delay this year's planting. In 2019, the cotton area of Cangzhou was over 15 mu, which is expected to decline slightly this year.
Recently, market pessimism is more intense. First, Zheng cotton plummeted. Since March 9th, Zheng cotton has been down for 3 times. Today (24), Zheng cotton low or even break 10000 yuan mark, reported 9935 yuan / ton. The industry believes that Zheng cotton fell below 10000 yuan / ton mark has basically no suspense. Market confidence is lost and funds are scattered. The two is that the global epidemic is out of control. In March, there were 4 times in the US stock market and 5 fuses in history. On Monday night, the Federal Reserve adopted the "ultimate strategy", promising to provide unlimited liquidity, but the market did not buy it, and the US stock continued to have no bottom line.
Many people think that the outbreak of the financial crisis is not far away, so no one will invest any more. Especially affected by the epidemic, as of March 23rd, more than 50 countries around the world declared a state of emergency.
Cotton trading is suspended in Cangzhou. On the 24 day, a trader said that the price of Xinjiang cotton had dropped to 11800 yuan / ton.
Cottonseed prices fell again. On the 24 day, the main price of cottonseed in Dongguang County and Wuqiao county was 1.12-1.13 yuan / Jin, which fell 0.05 yuan / Jin compared to last Friday (20). The cottage seed price is high and low. Most of the oil refineries have stopped production because of the oil slump.
- Related reading
Small And Micro Enterprises Under The Outbreak: Resuming Work, Rescuing, And Waiting For "Spring"
|
Yudu: Strive To Build The Core Area Of "Ganzhou Textile And Garment Industry Belt"
|
- Collocation | Street Style Wear Essential Matching Accessories.
- Collocation | 5 Essential Points For Japanese Men To Wear
- Industrial Cluster | The Price Of Textile Raw Materials Is Much Lower Than That Of Orders.
- quotations analysis | Panic Index Is High, Zheng Cotton Price Falls To Freezing Point.
- Finance and economics topics | The New Crown Pneumonia Outbreak Will Cause Primark To Lose 190 Million Pounds In The Coming Month.
- DIY life | Palace 2020 Spring Series, And Puppy Show.
- quotations analysis | Cotton Prices Fell Sharply, Textile Enterprises Encountered Difficulties
- quotations analysis | Cotton Prices Fell Faster, Textile Industry Increased Pressure
- Market topics | Goods Fell Below 20 Thousand Mark Spinning Enterprises Orders Facing "Grain" (16-20 March 2020)
- Fashion shoes | Appreciation: Adidas Shell And Black And White Shoes Will Be On The Shelves Next Month.
- Air Jordan 1 Low Pink Color Shoes Are Available For Sale, Exclusive For Women.
- 6 Consecutive Years Of Rapid Growth, Anta'S Revenue In 2019 Reached 33 Billion 928 Million
- Burst! India Declared A State Of Closure! It Takes 14 Days For Quarantine To Arrive At The Port. Please Be Careful Of No Pick-Up And No Smooth Transportation.
- HOKA ONE ONE New Shoes, April Fool'S Day Debut, Multi Material Splicing
- Appreciation: The Full Version Of The Parachute Series Shoes Is Exposed, Celebrating Air Max Day!
- Home Page Information Dynamic New Retail Text Consumption Recovery
- Street Style Wear Essential Matching Accessories.
- 5 Essential Points For Japanese Men To Wear
- The Price Of Textile Raw Materials Is Much Lower Than That Of Orders.
- Panic Index Is High, Zheng Cotton Price Falls To Freezing Point.