Spry Yangfang's bid for bids highlighted

After the country’s annual cotton collection and storage and the sale of real estate cotton throughout the county were basically completed, the cotton used by the textile enterprises in Sheyang County gradually turned to the national reserve cotton.

According to understanding, from the middle of January, four textile enterprises in the county have obtained the national reserve cotton sales bid. In February, they entered the bidding process one after another, but the company was cautious and the auction enthusiasm was not high and the number of transactions was small. By the end of May, the cumulative turnover was only 2,537 tons, and the monthly turnover was the lowest in February, only 138 tons, and the most in March did not reach 1,000 tons. However, after entering June, with the approaching deadline for the current round of deposits, the number of transactions has gradually increased. The current month's trading volume reached 4,360 tons, which is 1822 tons more than the total amount in the previous four months. From the 1st of July to the 12th of the 10th working day, except for the week, the remaining transactions were completed on a daily basis, and the cumulative volume reached 6,795 tons, accounting for 49.63% of the total turnover of the current round of bidding.

The company reported that due to the time-to-market of Xinmian, the company will also arrange the bidding and related procedures for the reserve cotton in accordance with the company's inventory, the amount of cotton used, and the requirements for the grade quality of the cotton, as well as the funding status, so as to ensure the listing of the new cotton. Correspondence.