Latest Cotton Prices In Xinjiang In March 19Th

March 19, 2012 Mainland public inspection The 3 class Xinjiang local cotton price is quoted at 20500-20800 yuan / ton (fixed, carrying tickets, warehouse picking up), and the cotton in the Corps is 200-300 yuan / ton higher than the local cotton. The higher the cotton grade is, the harder it is to sell. The proportion of the backlog of the 1 grade and 2 grade lint and long staple cotton is obviously higher than that of the fine pile cotton. Besides the southern part of Sichuan, Henan and Zhejiang's cotton batting enterprises, the purchase and sale are basically at a standstill. Some warehouses said that not only did the high-grade Xinjiang cotton shipments continue to be poor in the near future, but cotton mills also significantly reduced the purchase of high-grade imported cotton such as SM grade cotton, American cotton and American green card cotton. Henan, Shandong, Jiangsu and other places SM grade cotton prices fell to about 20000 yuan / ton (net weight, to the factory), but cotton mills still do not buy it, the atmosphere is strong. Due to weak spot demand in the territory, short term transport pressure is difficult to alleviate, port nearly 1 million tons of cotton outside the formation of a mountain top pressure, 2012 year storage price is lower than expected, Xinjiang cotton enterprises pessimism warming.

It is understood that since March, Xinjiang territory There has been no improvement in the sale of lint spot goods. The cotton textile factories and traders from the mainland are still relatively small, and most of them are concentrated in the northern Xinjiang cotton growing areas such as Urumqi, Shihezi and Kuitun. In March 19th, Akesu, Korla and other places, the price of the platform three cotton was 19800-20000 yuan / ton steadily, although the price of the regiment was 300-500 yuan / ton higher than that of the local enterprises, but the actual transaction price was only 200-300 yuan / ton, and the turnover was relatively scarce.

Since the purchase price of cotton seed in the southern Xinjiang cotton region has been decreasing since October, the cotton farmers have been reluctant to sell. Since entering Akesu in March, some cotton processing enterprises in Kashi and 2011/12 are still buying and processing. However, due to the fact that the spot movement in southern Xinjiang is basically in a state of stagnation, the processing enterprises can only choose to deposit and withdraw funds. According to some cotton processing enterprises in Akesu, Kashi and other places, as the agricultural development bank requested to achieve "double knot zero" before the end of May, plus some Zhejiang cotton enterprises, most of the financing costs were relatively high. The general analysis showed that the 2012/13 standard cotton 20400 yuan / ton storage and purchase price had not been very good, so the cotton enterprises turned from the previous wait and see to active storage.

For the cotton market, the pessimism among Xinjiang cotton enterprises has risen. Although the reasons for the recent Xinjiang cotton's maintenance, such as the maintenance of Longhai line, the centralized storage and transportation of cotton and the strict restriction of the national import quota, etc., the number of high-grade lint in the mainland warehouse is not sufficient. However, because of the obvious decline in demand for cotton enterprises, the use of Brazil, Australia, Central Asia and even West Africa cotton instead of Xinjiang cotton is very common.

At present, Inland warehouse Xinjiang three grade cotton price quoted 20500-20800 yuan / ton (public fixed), Bachu public inspection three gross weight weighs 21000-21100 yuan / ton, but the transaction is weak. In March 19, 2012, in Kuitun, Xinjiang, the purchase price of seed cotton in the early 40% liners was around 8.3 yuan / kg, and the purchase price of five grade seed cotton with 34% lint percentage was around 6.3-6.5 yuan / kg, and the daily purchase amount of ginning enterprises was relatively small, mainly because the local seed cotton resources had been very few, and many cotton farmers had basically sold seed cotton, and cotton farmers were preparing for the spring sowing. The local cotton linen inspection four level 19300-19500 yuan / ton, the public inspection three grade lint 20000-20200 yuan / ton, the local ginning enterprises mainly hand over to the State Reserve.