Xinjiang Cotton Plans To Come Out In The Mainland To Form Spot Sales.
June 21st, Henan, Shandong, Jiangsu and other warehouses Xinjiang public inspection two or three. Cotton price They are 19000-19200 yuan / ton, 18600-18900 yuan / ton respectively, compared with 20 days, the quotation is slightly adjusted 100 yuan / ton; the three grade cotton in Xinjiang inner station public inspection price is 18000-18200 yuan / ton, basically the same as the 20 day quotation; the 328B price of Korla platform for a large foreign trader on the 21 Southern Xinjiang is 18120-18150 yuan / ton. Xinjiang cotton Enterprises still plan to spanport out of Xinjiang and generate warehouse receipts or spot sales in the mainland warehouse.
According to the data released by the Urumqi railway department, the average number of cotton wagons is about 280 per day, and more than 100 of China's cotton reserves are occupied. Moreover, because of the insufficient import quota of cotton, the high-grade cotton of Port Bonded cotton can not be selected, and the real estate cotton has been almost exhausted. Some cotton mills in the mainland have sent people stationed in two stations, such as urapo, Kuitun and Shihezi.
According to some small and medium-sized cotton spinning enterprises in Shandong plain, Hebei Handan, Jiangsu Yancheng, etc. cotton Traders reflect that the three or four grade cotton in real estate has basically been digested, and a small number of five or six grades of flowers are mostly concentrated in the hands of traders. Cotton demand is either settled through imported cotton or high priced Xinjiang cotton has no other choice; moreover, it is worth noting that a large proportion of cotton mills in Shandong and Jiangsu accounted for more than 50% of the proportion of cotton used. After June, the import quota was small and the price was high. The purchase price of India cotton also reached 17500-18000 yuan / ton (including quota price), and the price of Xinjiang cotton was more unaffordable than 18500 yuan / ton, plus the increasing number of cotton mills that were closing down and reducing production in the the Yellow River basin. Cotton slipped and cotton rose against the trend. The market price did not blindly follow the policy of State purchasing and storage.
On the 21 day, the quotation of the import of India cotton yarn below C40S was only 500-600 yuan / ton with the price of domestic cotton yarn. The main reason was that the price of printed yarn and Pakistan yarn continued to be strong, while the domestic cotton yarn prices were weakening all the way. The price difference dropped from 2000 yuan / ton to 1000 yuan / ton, and the enthusiasm of importing enterprises to operate yarn was also decreasing.
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