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The impact of rising cotton prices on the textile industry: Cotton spinning companies are facing challenges and market demand is weakening
19 June 2023
Since May 4, this year, cotton prices have been on the rise, bringing positive offers to relevant trade enterprises, but for cotton textile enterprises, it is to face the soft cotton market environment. Although the rise in cotton prices led to the rise in the prices of related products, but because of the downstream demand not too much rise, can not provide long-term support for upstream prices.
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