At the end of February, the cotton industrial inventory was 863,000 tons, down 7.79% month-on-month and 11.5% year-on-year.
As the overseas epidemic situation ferments, celebrity political and religious celebrities suffer from new crowns, countries rob medical resources such as masks, and various meetings are stopped or postponed, and other black swan incidents have emerged one after another. Reduction of activity.
Currently, 133 countries and regions have been diagnosed, and more than half of the 233 countries and regions in the world. Less than 10% of the confirmed areas have started full-scale community transmission and adopted strict lockdown measures. It is expected that most areas will continue to enter the outbreak period before there are good control measures, and the economy will still be affected by the epidemic in months.
The market panic has not abated, Zheng Mian oscillated weakly and broke through the previous low. The 05 main contract fell to the lowest intraday of 12,045 yuan/ton, which is about to test the important integer mark of 12,000.