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High inventory pattern continued
xinmei

High inventory pattern continued

Release time:
2019-09-20 02:16
Review:
Abstract:
Before the National Day, Zheng cotton contrarian interpretation of the wave of rising trend, the lowest price from 12,470 yuan since 2014 / ton, once on the probe to 13,840 yuan / ton, an increase of 11%. For this round of cotton soared, I believe, in the pattern of the current fundamentals are still weak, high inventory, the cotton price decline will continue.