Textile And Garment Enterprises Can Not Judge The Market Based Solely On Cotton Prices.

The prophet of warm spring duck is a well-known principle. Textile enterprises generally regard cotton prices as the basis for judging the market trend, but judging from the current situation, it is not enough to judge by this basis alone. The price of cotton futures market reached 34000 yuan per ton in February this year, and dropped to more than 28000 yuan this week.