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Cotton prices keep falling; the move toward technology and mechanization should come sooner rather than later
The fireworks of March will soon pass, and the cotton-planting season has arrived. Every year at this time, cotton prices rise, but compared with previous years, the increase this year has been greatly reduced. At present, the average domestic spot price of ginned cotton is 13,330 yuan/ton, down 31.3% from last year and slightly up 0.11% from last