Introduction Of Xinjiang Cotton Market Development In Late July

Recently, Spain or the need for a comprehensive IMF relief increased, Greece in September to expand the possibility of withdrawal from the euro area, plus some parts of the United States cotton area, cotton area rainfall, commodity overall decline in July 24th part of the domestic sector Cotton enterprises Worried about matching, futures and other electronic disk to echo the international market, some domestic enterprises even intend to make a profit of 50-100 yuan / ton turnover, but with the July Chinese PMI index returning to 49.5, reaching the highest value in May and the stock market bottoming out, the bull confidence has been enhanced. The spot price has stabilized. The revaluation of the mainland warehouse is 3 yuan Xinjiang cotton price is still 19100-19200 yuan / ton, the price of 19200 yuan / ton has also appeared occasionally, the 3 grade cotton is slightly higher than 100-200 yuan / ton, but the price of the 2 grade spot is only 200-300 yuan / ton higher than the 3 grade cotton, and the inquiry and purchase of 1 grade and 1 grade long staple cotton are less than that of the imported grade cotton.

At present, the demand for Xinjiang grade 3, 4, 5 cotton, 3 and 4 grade cotton is relatively active in the market. Generally speaking, the current stalemate in the mainland cotton market is hard to break, and cotton enterprises in Xinjiang Cotton newspaper The total price is above 19000 yuan / ton, and the upper limit for the small and medium sized cotton spinning enterprises is 18500-18600 yuan / ton. Therefore, it is common for cotton enterprises to purchase a batch and two batches of lint, and cotton mills are mostly "goods three".

In the late August, most of the cotton enterprises in Xinjiang are very confused, and the pressure of enterprises' capital and loan repayment is gradually increasing. In the late August, new cotton will be listed on the market. Processing enterprises need to recover cotton seed purchase money and loan guarantee money urgently, and cotton prices have no room for support, so that cotton enterprises are in a dilemma. Some processing enterprises believe that the country's 20400 yuan / ton will be opened up and stored in 2012/13, but considering the processing fee, bank interest, machine depreciation, transportation cost and so on, the purchase cost of seed cotton must be controlled at 19000-19400 yuan / ton, the purchase price is too high, if the storage is not profitable, it is considered that the risk of cotton business will be very large.

A number of local enterprises surveyed, as of mid July, 2 stations in the territory. marketable cotton The quantity of the product is 25-35 tons. Recently, the number of commercial cotton on each platform is 270 thousand tons, and the two figures are relatively close. And the number of platforms and warehouses in Akesu and Bachu is relatively large. Due to the time constraints, most of the processing enterprises hope that the stations will directly deal with Urumqi, and they will not be transported to the warehouse in the mainland again.