Cotton Traders' Willingness To Ship Lower, Market Turnover Is Relatively Cold.
Recently, the domestic electronic disk market fluctuated sharply, but the overall trend was on the rise. Domestic spot prices remained stable overall, less than the previous week. Cotton prices rose slightly in some areas.
today
Goods in stock
Prices have not changed much, and the market is still.
Cotton merchant
The willingness to ship is low, the textile mills are cautious in purchasing, and the market turnover is relatively cold.
The stock pressure of cotton mill is relatively large. Downstream enterprises reflect that the price of cotton yarn is rising too fast, and purchasing is not active.
According to the feedback from the information staff, although the willingness of the cotton merchants to deliver goods is low, the shipments of the ginning plants will be better. The main reason is that the electronic disk fluctuates greatly, and many enterprises are unwilling to wait any longer.
Today, China's cotton price refers to (CCIndex328) 30806 yuan / ton, up 288 yuan, 527 cotton to plant average price 27993 yuan / ton, up 229 yuan.
Domestic cotton spot price is affected by supply and demand and international cotton price rise. Cotton prices continue to show a rising trend.
At present, the purchase of cotton enterprises in Xinjiang has increased, but in view of the higher prices and difficulties in pportation, there are not many actual pactions.
Sales, pure cotton yarn prices continue to rise, the paction did not improve, and polyester cotton yarn due to polyester price reduction, price reduction, sales deserted.
Cotton hoarding enterprises hope to remain in the market and continue to sell.
In March 3rd, the main port of imported cotton continued to soar by 7 cents, and the price of high-grade cotton approached another 40 thousand yuan.
Because of the sharp fluctuation of cotton prices, the procurement of textile enterprises is still very cautious.
Analysts believe that, from the supply situation in the late part of the year, besides the United States and cotton, the new cotton in the southern hemisphere will gradually form an effective supply. The price of Brazil cotton in the second half of the year is even very competitive, and domestic supply and demand may be in a tight balance.
In the short term, the price of cotton will continue to be high and volatile.
In addition, in recent days
ICE futures
Far month contracts rose relatively small.
With the bright future of new cotton planting in various countries, the trend of international cotton price will change.
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