Xingtai: Cotton market is active, heavy rains cause damage to cotton fields
On July 13, the Xingtai area of Hebei Province suffered the heaviest rainfall since this summer. The rainfall lasted for a long time and cotton was severely affected.
Currently, cotton is in its peak flowering period, which is a critical period for peach production. The coming of this heavy rain will have a certain impact on cotton flowering and peach production. Local cotton farmers said that it is certain that the heavy rainfall will cause disasters and reduce cotton production, but the specific impact will depend on the weather conditions in the future. As the demand for restocking by textile companies increases and cotton reserves are rotated out, transactions in the local cotton market have improved, and heads of many companies have expressed optimism about the market outlook.
AAA
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