On November 13th, the spot price of domestic Xinjiang cotton was weak and stable

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On November 13th, the spot price of domestic Xinjiang cotton was weak and stable

On November 13th, the spot price of domestic cotton in Xinjiang remained weak and stable, and market transactions remained tepid; Textile enterprises currently lack confidence, and their enthusiasm for stocking cotton raw materials is not high. Currently, they mainly rely on purchasing existing inventory and just needed sales.

The US Department of Agriculture's New Moon Supply and Demand Report shows that US cotton production and ending inventory have increased, and weekly cotton contract volume has also slightly decreased.

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