In May 28Th, The Role Of The National Issuance Quota Showed &Nbsp; The Cotton Price Rise In Jiangsu And Rudong Slowed Down.

Since May, lint prices in Rudong County of Jiangsu province have maintained an upward trend. But recently, some textile enterprises have been affected by the import quota of cotton issued by the state, and cotton prices have slowed down.

Up to now, the cotton purchased by local cotton enterprises has sold 7 of the total, the average cotton quantity of the 400 type cotton enterprises is 400-600 tons, and the average cotton quantity of the 200 cotton enterprises is 100-200 tons.

The cotton price trend in late May was basically stable. In May 26th, real estate was weak 3 hard 4 grade lint price quoted at 17600-17800 yuan / ton, the actual paction price was 17400-17600 yuan / ton; Xinjiang's 3 grade lint price was 18000-18200 yuan / ton, the actual paction price was 17800-18000 yuan / ton, but it rose 800-1000 yuan / ton compared with the same period last month, which is acceptable to cotton spinning enterprises.

At present, some local cotton enterprises do not gamble behind the market, selling at a price, while another part of the cotton enterprises are still optimistic about the market outlook. They believe that the price of the real estate cotton will exceed 18000 yuan / ton before the new cotton is listed, and the price of Xinjiang cotton will reach 18500 yuan / ton.

Driven by the rising price of lint cotton, the price of local cotton yarn has increased synchronously since May, and supply is in short supply.

In May 26th, the high C32S knitted pure cotton yarn was quoted at 27500 yuan / ton, and the actual paction price was 27000-27500 yuan / ton, up 600-1000 yuan / ton from the same month last month.

It is reported that in the early May, cotton prices continued to rise. In the middle of May, the textile enterprises with strong financial strength were replenishing stocks in real estate cotton prices at 17000 yuan / ton, Xinjiang cotton price at 17500 yuan / ton, and raw cotton stocks remained at 2 months or more.

At present, spinning enterprises have only fixed output, cotton yarn keeps zero stock, and operation is still in the profitable stage.

A local textile enterprise believes that cotton prices will continue to rise slightly in the future, and the new cotton will be over 18500 yuan / ton before the listing, but the trend of the rising price of flower and yarn prices may be restrained by factors such as the hot market and so on, which will lead to a shortage of driving force for the price of yarn, which will affect the operation of textile enterprises.