Prices of imported Chinese main ports in Hong Kong continued to fall sharply, with all varieties generally falling by 1-3 cents. Judging from the current situation, the negative effects of the foreign macroeconomic situation on the cotton market have become increasingly prominent, and the continuous decline in the cotton price is a test for domestic companies that have purchased foreign cotton in the previous period. In the context of shrinking domestic consumption and increase in internal and external cotton reserves, the market can provide internal and external cotton resources, supply and demand conditions, or the number of survivors.
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