The Ministry of agriculture and rural areas said that in May 2021, the global cotton price rose month on month. Domestic, cotton supply is abundant, although textile market is off-season, but the demand for cotton replenishment is obvious, and cotton price is supported. In the international market, India and other countries have a strong worry about the future market due to the impact of the epidemic, the decrease of cotton consumption, but the International Cotton Advisory Committee expects that the supply of cotton in the new year will be short of demand, and the international cotton price will fluctuate upward.
Post time: Jul-01-2021