The Cotton Lint Has Fallen Back To Its Original Form &Nbsp; The Future Direction Is Not Clear.
Cotton raw materials, product No rise, no fall. market The downward trend is hard to stop. Cotton lint At present, it has fallen to the market price of new velvet, which is a heavy blow to the industry, and the future direction is still hard to understand.
First, seed cotton and cottonseed prices continue to fall, expanding cotton lint down space.
After the Spring Festival, the price of seed cotton and cottonseed prices is mainly based on concussion. At present, the price of seed cotton has dropped below 5 yuan / Jin line, and the mainstream price in most areas is 4.30-4.70 yuan / Jin line. In some areas, it has dropped to 4.10-4.20 yuan / Jin line. The price of cotton seeds is also advancing rapidly. The specific situation is as follows: in May 10th, the mainstream price of cotton seeds in Shandong province was 1.40-1.50 yuan / Jin, and a small number of transactions were made; the price of Hebei province was 1.40-1.47 yuan / Jin; Henan province quoted price was 1.35-1.45 yuan / Jin; Hubei province quoted price was 1.30-1.35 yuan / Jin; Shanxi province quoted price was 1.38-1.42 yuan / Jin; Shaanxi province quoted price was 1.35-1.36 yuan / Jin. Cotton seeds and cotton seeds basically fell back to the price of new flower when listed, while cotton oil and cottonseed meal declined. The sharp fall in wool and cotton seed prices mainly expanded the downward space of cotton lint, and the market continued to fall.
Two, futures and spot lint cotton down market
Since the middle of April, Zheng cotton 109 contract has fallen below 30000 yuan / ton mark, and has come down one step further. Now it has fallen below 25000 yuan / ton line, and the spot lint has fallen sharply. Shandong's large textile enterprises have continuously lowered the price of lint seven times for a long time, with a total decrease of 5000 yuan / ton, which will suppress the market situation. At present, the price of three grade lint is priced at 23500 yuan / ton, and the four grade spot lint is quoted at 22500-23200 yuan / ton. Textile mills and chemical fiber mills suffered a lot of losses, and the purchasing intention was cold. Many chemical fiber factories took risks of stopping and shutting down production. Some manufacturers also used wooden oars and bamboo oars instead of cotton paddles.
Three, weak demand for cotton lint, difficult to stop the market.
Cotton lint around the margins, prices continue to fall, has fallen to the new price of listing time, and the annual high has a difference of 6000-8000 yuan / ton, weak market demand, it is difficult to ship. The situation in May 10th was as follows: the quality of cotton short staple in Shandong was 8000-8500; the price in Hebei was 8000 yuan / ton; the price in Henan was 7000-7500 yuan / ton; the price in Jiangxi was 6800-7500 yuan / ton; the price in Shanxi was 7000-7500 yuan / ton; the price in Hubei was 6500-7500 yuan / ton; the price in Shaanxi province was 7000-7500 yuan / ton.
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