HUBEI AGRICULTURAL SCIENCES ›› 2019, Vol. 58 ›› Issue (4): 148-149.doi: 10.14088/j.cnki.issn0439-8114.2019.04.034

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Overview of Cotton Market in Hubei Province in 2018 and Analysis of Market Trend in 2019

LUO Zhen, YI Guo-xiang   

  1. Hubei Agricultural Technology Popularization General Station,Wuhan 430070,China
  • Revised:2019-01-09 Online:2019-02-25 Published:2019-11-26

Abstract: In global terms, the world cotton fundamentals improved slightly in 2018, with a total global cotton output of 25.853 million tons, down 1.079 million tons, damp 4%. Global cotton consumption rose 2 percent and ending stocks fell 9 percent to their lowest level in recent years. In terms of the domestic situation, the cotton market first rose and then fell. From January to May, the cotton market went all the way up. In Mid-June, there was an inflection point, and the cotton market has been in a weak downward trend in Hubei province, although some textile orders are reduced and the demand is weakened due to the impact of trade war in China, the price of seed cotton in the local cotton market of Hubei province is basically stable with little fluctuation, and cotton price slightly rise. The cotton market in Hubei province estimates in general should be given priority to with steady in 2019, there may be a small fluctuations, but there is surge in a hard.

Key words: cotton, overview of cotton market, analysis of market trend

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