Anhui Chaohu Leather Cotton Prices Fell Significantly &Nbsp; Cotton Enterprises Anxious Textile Enterprises Negative
Recently, Chaohu, Anhui
cotton
Market trend is bad, seed cotton and lint cotton.
Price
There was a downward trend in which the price of lint fell greatly. At present, the purchase price of cotton seed at local level is 6.0-6.10 yuan / jin (37%), and the price is down 0.10 yuan / Jin compared with March 23rd.
At present, the local cotton seed purchase 80% is almost over. It is estimated that the seed cotton purchase will be over by the beginning of April. Now cotton farmers are busy preparing for the next season's cotton planting. A few of the cotton companies still insist on purchasing the cotton seeds will be depressed.
Buy
Price.
The reason is that there are almost no high-quality cotton seeds in the local market, most of which are inferior seed cotton, and cotton enterprises are not interested in buying. Two, the domestic cotton futures prices continue to fluctuate widely in the near future, and cotton enterprises are worried about the possibility of falling in the latter stage, so they generally stop and wait and wait.
The price of lint is rather confusing, because the market mentality is different, and some cotton manufacturers have panic, so the price of lint is low. At present, the mainstream price of four grade lint is around 28500 yuan / ton, the price is 1000 yuan / ton lower than that in March 23rd, but a few cotton factories continue to be optimistic about the future market. The price of manufacturers is relatively strong, although the price is also falling, but the shipments are not very strong.
It is understood that the current local
Spin
Most of the enterprises are consuming inventory and buying with their products. Even though the price of lint has obviously declined, the purchasing intention of textile enterprises has not been mobilized. Some of the enterprises with insufficient cotton lint stock are mainly based on order production, that is, first order and then buy lint processing, so the demand for lint cotton is difficult to change greatly.
The mindset of cotton enterprises is changing. Most manufacturers are reluctant to sell.
Shipment
Willingness to raise significantly, and began to seek customers everywhere, although a few manufacturers are still generally optimistic about the market outlook, but bullish confidence is no obvious enough.
According to the head of a local cotton plant, the current cotton spot manufacturers are experiencing a gradual change in the weakening market position, which is generally shown as a weakening of the selling mentality and the improvement of shipping enthusiasm. However, the textile enterprises are constrained by the weak market of yarn, and the financial pressure is greater. The purchasing intention of lint cotton can not be boosted. The market generally satisfies the production orders. Some textile enterprises are not eager to replenish the lint inventory even if there is no order for the lint stocks, but the mentality of the textile enterprises is generally negative. Therefore, the short term demand is weak and the purchase and sale stagnation is difficult to make the lint price keep strong, and the market will remain stable and weak.
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