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Cotton Prices Nationwide In March 22, 2012

2012/3/22 10:57:00 39

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Cotton Prices Nationwide

Yesterday at home

cotton

Spot prices fell slightly.

A large number of imported cotton arrived in Hong Kong, and spot trading continued to be stalemate.

market

Rumors that China may issue additional quotas after April, the pressure of domestic cotton sales has increased, some cotton has entered the Zhengzhou cotton market and registered as warehouse receipts, Zheng cotton stocks have continued to rise, the pressure of hedge and arbitrage sales has not been reduced, and the operating pressure of price increases has increased.

The main port price of imported cotton fell sharply, and most varieties fell by about 1 cents.

From the overall situation, the poor sales of downstream products caused the textile factory not to have a strong desire to replenishment.

In addition, with the end of the national storage, the policy to support the price of cotton is also weakening.

The price difference between the national cotton and the outer cotton lets the textile factory's attention shift to the import cotton quota, plus the 3 and April is the peak period of the quota distribution. Therefore, the market has strong expectations for the issuance quota, and the time and rhythm of the quota issuance in the future countries will have a serious impact on the market.

Cotton market information:

Hebei Wuqiao 200 enterprises insist on acquisition, mainly cotton seed below 5, the daily purchase amount is 3000-5000 Jin, after processing, sell to the surrounding small cotton mill, the cost of these lint is 15000-15500 yuan / ton (excluding financial expenses), and the sales profit is 500-700 yuan / ton.

The 3 class seed cotton purchase price at local level is 4.15 yuan / jin (lint 38%, moisture regain 13%), the 4 level quoted price is 3.97 yuan / Jin, the flower price is 3.85 yuan / Jin, 3 grade lint price is 19900 yuan / ton (pick up, gross weight, take the ticket, the same below), 4 class price is 19000 yuan / ton, the weak class price is in the yuan / ton, and the quoted price is at yuan yuan / ton.

Linen 38%, moisture regain 10%, below the same price, the 4 level quotation is 4.00-4.05 yuan / Jin, the price is 3.85 yuan / Jin, which is equal to 19 days, according to the cotton seed price 1.05 yuan / Jin, processing fee 600 yuan / ton, loss 2% calculation, folding 3 grade, 3 grade leather cotton cost in the yuan yuan / ton and the yuan yuan / ton, remove the financial cost and warehousing fee, the cotton enterprise carries on the storage profit still to be considerable; the level of big package cotton quotation is in the yuan / ton (gross weight, pick up the goods, the same below). Hebei Xinji local 3 seed cotton price quoted at 4.20 yuan / Jin.

Hejian: March 20th, Hejian City Seed Cotton quotes: 37 lint 4 or more flowers 3.95-4.05 yuan / Jin, weak 4 level 3.90 yuan / Jin, 5 level 3.70 yuan / Jin, seed cotton prices have remained stable recently.

On the same day, the area was priced at 20000 yuan / ton (grade 3, gross weight, with the same ticket), grade 4, 19000 yuan / ton, 4 class 18400 yuan / ton, 5 16900 yuan / ton, and the overall level was unchanged from yesterday.