Spot Sales Improve US Cotton Exports

< p > American cotton rebound.

Overnight, US cotton exports rose sharply, and the external market rose. The settlement price of the March contract was 73.55 cents, up 51 points.

US stocks closed higher on Thursday and were rebounded by technology stocks.

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< p > US cotton exports are increasing.

USDA data show that as of November 29th, the US signed a net export of 94279 tons of upland cotton this year, the highest in the current year and 47831 tons in shipment.

In the week, China purchased 57742 tons net and shipped 24653 tons.

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< p > BINGTUAN special auction will end.

The special sale of local cotton reserve auction will end on December 14, 2012 (Friday).

As of today, the corps cotton auction total turnover of 38285.6427 tons.

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< p > textile enterprises increase the price of enquiry and sell the goods in spot.

Recently, Henan's a href= "http://www.91se91.com/news/index_c.asp" > cotton < /a > spot mobile sales, and textile enterprises increased their enquiry and delivery.

Some enterprises began to make exploratory sales on spot as soon as possible.

A cotton mill in Zhoukou, Henan, said that nearly more than 10 days, the cotton mill's inquiry and delivery increased, basically cash settlement, 4 cotton price 19500-19700 yuan / ton, 3 cotton 20200 yuan / ton.

Although the purchase and storage price is higher, the enterprise has tight funds. In order to return the funds to the acquisition, enterprises choose to sell on the spot.

The inventory of raw cotton in textile enterprises decreased, and the land was replenishment with the purchase.

It is also known that an international cotton trader recently purchased lint for Shandong, Hebei and other places for the production of warehouse receipts. The price of grade three cotton is 20200 yuan / ton, the price of grade 4 cotton is 19700 yuan / ton, and the payment of warehouse receipt is 80%.

Some capital strained enterprises choose this way to ship.

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< p > cotton seed price rises, seed cotton quotes increase, storage capacity is tight.

< a href= "http://www.91se91.com/news/index_p.asp > > Hebei < /a > Jingxian County weather turns cold, picking ends.

The price of local cottonseed cottonseed is 1.14 yuan / Jin, up 0.02 yuan / Jin compared with yesterday, raising 0.04 yuan / Jin compared with the previous day.

The enthusiasm of purchasing enterprises increased and the purchase price of seed cotton increased. The purchase price of local 3 seed cotton was 4.26 yuan / kg (lint percentage 37%, moisture regain 11%), and the 4 class purchase price was 4.10 yuan / Jin, which was 0.05 yuan higher than that of the previous day.

According to the 3% loss, the processing cost is 600 yuan / ton, the production cost of grade 3 lint is 19930 yuan / ton, the 4 grade lint production cost is 19060 yuan / ton, and the storage profit is about 500 yuan / ton.

Due to tight storage and storage capacity, the difficulty of storing and storing cotton enterprises is increasing.

There is also a slight improvement in the spot market. The 4 class lint is sold at 19000 yuan / ton (net weight), with a weak 4 grade 18700 yuan / ton, a small package of 4 cotton lint 18700 yuan / ton, and a 4 grade cotton 18400 yuan / ton, all of which are 100-200 yuan / ton higher than the previous few days.

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< p > the quality of seed cotton slipped and the purchase volume declined.

Cotton enterprises in Anqing, Anhui province reflect that the purchase amount of seed cotton has decreased significantly recently, mainly due to the cotton disaster this year, resulting in a decline in seed cotton production and quality.

Nowadays, the quality of seed cotton is 5 grade seed flower, which can not be processed and stored.

Some enterprises plan to end the acquisition within half a month.

In order to buy good seed cotton, some 400 plants increased seed cotton < a href= "http://www.91se91.com/news/index_cj.asp" > purchase price < /a >.

The highest price of grade 3 seed cotton (lint 39%, water cut 12%) is 4.30-4.33 yuan / Jin.

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< p > improvement has been made in the spot, and the enterprise has stopped collecting grade 5 cotton.

After the announcement of the five level cotton purchase and storage announcement, Hebei Hengshui and Cangzhou's five grade cotton purchase disorder has been improved.

On the 7 day, the head of an enterprise in Hengshui said that because of its acquisition only now, the company withdrew its acquisition station in Baoding and Xingtai this week.

The local spot market has improved. The mainstream paction price of the 4 class small package cotton is 18700-18800 yuan / ton (picking up, gross weight, carrying the ticket), and the weak 4 level is 18400 yuan / ton. The mainstream price of the 4 class cotton which does not meet the storage conditions is 19000 yuan / ton, and 4 4 18500 yuan / ton.

Recently, textile enterprises in Shandong and Henan came to buy, processing enterprises sold cotton that they could not afford to store, but generally they were small profits or losses.

The active spot is the bottom of the stock stock of some enterprises in the near future. The two is the careful purchase of the enterprise this year, the whole quality of the processed real estate cotton is good.

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During the peak season, enterprises started well, and cotton was mainly stored outside the P.

11, December is the traditional peak season for textile industry. It is understood that the operating rate of a large textile enterprise in Nantong, Jiangsu is 100%, but the factory manager believes that this situation will only last until the first half of December.

At present, the amount of cotton used in the enterprise accounts for only 30% of the total raw materials. The cotton structure is Xinjiang cotton, outer cotton and a small amount of real estate cotton, with 2-3 months inventory.

A small spinning and weaving enterprise in Yancheng has about 250 tons of cotton per month. Due to the recent rise in cotton prices in the mainland and public settlement, cotton is mainly used in cotton and cotton stocks in Australia for about 3 months.

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< p > storage and storage of 3 million 660 thousand tons.

On the 6 day, the planned storage and storage of 99280 tons reached 41890 tons, a decrease of 1510 tons compared with the previous day.

Among them, Xinjiang storage point plans to close and store 16000 tons, which has reached 16000 tons, and the inland Treasury plans to close and store 83280 tons, which has reached 25890 tons.

Storage and storage totaled 3657770 tons, and Xinjiang totaled 1941320 tons. The total turnover in the mainland was 1191940 tons, and the total number of backbone enterprises totaled 524510 tons.

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< p > ZHENG cotton remains weak.

On the 7 day, Zheng cotton opened slightly, and the 05 contract fell back on the 19200 front line. The whole day was a narrow concussion, with a small takeover at the end of the month, and 01 of the contracts rose, and the latter ended at a high point.

Zhengmian 1301 closed at 19755, rose 55 points, 1305 contracts closed at 19140, rose 20 points.

The total turnover was 63 thousand and 600 hands on that day, an increase of 20 thousand and 500 hands compared with the previous trading day, and an increase of 4490 hands in 309 thousand positions.

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< p > as of December 7th, the difference between the 05 and 01 contracts was -585 yuan / ton, and the 6 day was -560 yuan / ton.

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