Cotton Stocks Remain High, Demand For Textile Enterprises Is Low.

< p > "now the eight stocks are all full. The total stock has reached 12 thousand tons. Nearly half of the inventory is imported cotton two years ago."

Xu Shangyong, head of inventory at Wald modern logistics company in Qingdao bonded area, told the China Securities Journal reporter that the total output of the warehouse was only more than 3000 tons since the beginning of this year, which is far from that of the first quarter and the four quarter of last year.

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< p > Xu Shangyong said, according to the previous peak season, the company's daily output should reach hundreds of tons or even thousands of tons.

But at present, the company's daily output is only tens of tons.

Many spinning enterprises have reported that this year's business start up rate is not enough. < a target= "_blank" href= "http://www.91se91.com/" > textile < /a > market is not optimistic.

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< p > the decline in demand for imports < a href= "http://www.91se91.com" > cotton < /a > resulted in a large number of imported cotton piling ports.

Related data show that at present, the port has not cleared cotton stocks close to 500 thousand tons.

There are not many stocks that have been cleared, but sales are generally in progress.

The total amount of cotton entering area is larger than that of export area, and the inventory pressure is high.

Despite the fact that textile enterprises have been able to get the quota or processing trade quota, many enterprises have not started purchasing.

Most enterprises are waiting for the national reserve to further throw out the detailed rules, including the next throw in storage price, the proportion of high grade cotton and imported cotton, and the enterprises are mainly purchasing with the purchase.

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< p > "imported cotton is now" no price, no market. "

Liu Peng, chief representative of Qingdao Dingxin leno International Trade Co., Ltd., said that the preparation of the business seems unreasonable this year.

According to the same period of last year, textile enterprises need 1-2 months' raw material inventory after the Spring Festival, but this year almost all enterprises are buying and buying with them.

In addition to the slow sale of yarn, more importantly, they believe that the price of imported cotton will drop somewhat in the future.

Enterprises expect that at least in the first half of the year, cotton futures prices will fall to around 20000 yuan / ton, and spot prices will drop accordingly.

Now the average price of imported cotton is 18600 yuan / ton, and the average price of India cotton is 18800 yuan / ton.

They believe that in the coming period, there will be about 100 yuan in the price of imported cotton.

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< p > some analysts believe that if the US Department of agriculture's cotton planting intention survey results do not show a larger decline, it will be difficult for the international cotton price to stabilize and pick up.

International cotton prices are expected to continue to fall, which will drag domestic cotton prices.

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< p > Liu Peng said that considering the economic rebound at the end of last year, the demand for cotton will be increased this year, and the price of imported cotton has been raised at the beginning of the year.

As a result, many enterprises only make inquiries without buying goods, and the volume of pactions has declined significantly.

"The reason why enterprises are sensitive to prices is mainly to reduce demand for cotton, throwing and importing cotton to make the overall supply of cotton market oversupply."

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< p > from the China cotton information network, we can see that as of April 3rd, the total amount of state-owned cotton stocks went up to 3 million 569 thousand and 300 tons, but the total turnover was 1 million 56 thousand and 800 tons, with a turnover ratio of only 29.61%.

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< p > it is worth mentioning that the current market demand for cotton is significantly divided, and the demand of textile enterprises for high-grade cotton is increasing.

Wang Guodong, marketing manager of Qingdao silver Xia Trading Co., Ltd., said that from the perspective of imported cotton, the demand for high-grade cotton with high price and good quality was large.

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< p > Wang Guodong believes that this is because India's cotton stocks are the largest in the remaining < a href= "http://www.91se91.com/news/index_c.asp" > cotton < /a > in the port. At present, the price is lower at 18500 yuan / ton, and the higher quoted price is 18900 yuan / ton (depending on quality).

There are not many high grade cotton in the United States and Australia cotton, and the deal is still available.

Recently, enterprises have increased their enquiries for better quality West African cotton, but West African cotton has not yet arrived in large quantities.

Therefore, the demand for high-grade cotton is relatively strong.

"In order to ensure market supply, reserve cotton has been put into the market, and after the end of storage and storage, it is expected to continue to expand the quantity to meet the needs of textile enterprises."

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