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Xinjiang Cotton Business Confidence Restored &Nbsp; Spot Slightly Active.

2012/4/10 11:03:00 12

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cotton

The trade fair said that when the price of cotton was low, the quota and reserve would have good timing and rhythm. If the price of cotton rose faster, the state also had sufficient resources and means to regulate it.

Market participants analyzed that the Department did not want the cotton price to fall again.

Due to a sharp fall in the short-term sliding tariff, cotton import quotas were expected to catch up, and the sale of cotton outside the port has been much more active in the 6-8 days of April.

Part

Xinjiang

Tons of high-grade lint, plus cotton mills' seasonal orders, have been adjusted from medium to low yarn to high yarn direction, while cotton warehouse and cotton warehouse in Xinjiang are seriously inadequate, so Xinjiang cotton will have a chance to rebound and even reverse. Cotton manufacturers are reluctant to sell their spirits. On the one hand, the current price of Xinjiang cotton has been in line with or even slightly lower than the cost of Xinjiang cotton of most Xinjiang cotton enterprises. On the other hand, Xinjiang cotton has not been relieved since March, and the inventory of Xinjiang cotton in the mainland warehouse is very low. Cotton enterprises and traders believe that due to the slim hope of port entry into the market of high-grade cotton in 4 and May, the state has nearly 3 million 130 thousand of the country's storage and storage.

Several warehouses in the mainland of Shandong, Hubei and Jiangsu reflect that on April 6-8, some cotton textile enterprises went to the warehouse to search for high-grade Xinjiang cotton. Enquiries and goods were much more active than those in mid and late 3. Although the turnover was still not large, the price quoted by the Buyers was not high, but basically they were cash.

A cotton enterprise said, 8, Nantong, Yancheng and other warehouses Xinjiang two or three grade cotton quotation has 150-200 yuan / ton rebound, but the whole market still needs to buy popularity and volume of support.

On the 8 day, 328 of the southern Xinjiang border was quoted as 20500-20700 yuan / ton, and the lowest price of 20200 yuan / ton last week has disappeared.

Within the territory, cotton enterprises said that the pressure of pportation was difficult to ease in April, and the mainland's sales price had no advantage over the territory. In addition, cotton enterprises worried about pportation to the mainland for sale, and the capital recovery time was relatively long. Therefore, most enterprises in southern Xinjiang hoped that cotton prices would be sold directly on the platform after the rise of cotton prices, while the matching could be delivered within the territory of Xinjiang.

A cotton trader in Hubei believes that Xinjiang cotton has been bottoming whether fine cotton or long staple cotton.

rebound

At the same time, as long as the relevant state departments do not issue the quota of cotton import quotas in the short term, the three grade cotton prices will soon reach 21000 and reach 22000.