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The impact of rising cotton prices on the textile industry: Cotton spinning companies are facing challenges and market demand is weakening
19 June 2023
Since April and May of this year, cotton prices have been rising, bringing positive quotes for related trading companies, but for cotton textile companies, they are facing a soft cotton market environment. Although the rise in cotton prices has led to an increase in the prices of related products, downstream demand has not improved much, which cannot provide long-term support for upstream prices. I. The impact of rising cotton prices on cotton spinning...
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