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Ministry of Agriculture and Rural Affairs: Monthly Analysis of Supply and Demand Situation of Large-scale Agricultural Products in January 2023 (Cotton-related Part)

[Late trend] in the domestic market, textile enterprises have started to resume production, enterprise raw material inventory and finished product inventory is low, consumption is expected to improve the situation of enterprise replenishment will be strong, short-term domestic cotton prices are expected to recover. In the international market, under the background of the obvious slowdown in global economic growth, the pattern of supply and demand of cotton is loose, and it is expected that the short-term international cotton price will be under pressure.