Hubei: Cotton Market Is Calm, The Three Sides Stand Tight And Wait And See.
Previous years,
Hubei
Cotton market and processing time are earlier than other regions, but this year, we can not see the active situation. Cotton growers, cotton enterprises and textile enterprises are all watching carefully.
When the new flower was first listed, the retail price of individual cotton enterprises was 3.40-3.50 yuan / Jin.
Due to the continuous rain and rain last week, the quality of local cotton decreased.
Rain stained cotton
Increase, coupled with the market downturn, seed cotton purchase price fell to 3.10-3.20 yuan / Jin, one or two small cotton enterprises 400 acquisition, 200 cotton enterprises enter the market more than 400 cotton enterprises.
Individual cotton enterprises in early lint price quoted at 15000 yuan / ton, no deal; cottonseed output quotas at 1.07 yuan / Jin, local oil factory did not buy, and more by Henan oil factory procurement.
Currently local
Unginned cotton
The picking quantity is about 20%. If the weather is fine in the late stage, the picking amount of seed cotton is expected to reach 40% before the national day.
In September 19th, the conference on pledge of cotton warehousing was held at Tianmen, but because of the poor lint market, it had little impact on the market.
Cotton enterprises reflect that the price of seed cotton is low, and cotton farmers do not sell them.
In September 22nd, the state issued the mainland subsidy information. In addition to Xinjiang, the state will subsidize the cotton producing areas in the Yangtze River Valley and the the Yellow River River Basin. This is undoubtedly the 1 stimulus to the cotton market in the mainland, but how much is it? How to make up for it is not yet clear.
Because of the gradual decline of lint and cottonseed prices, most cotton enterprises are risk averse and can only make plans after the market is stable. It is expected that the local cotton market will be clear after the national day.
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Recently, new cotton has been listed in Xinjiang.
According to the general manager of a textile enterprise, the new cotton purchased in Xinjiang has been sold in the pportation business. The paction price is 16 thousand and 800 yuan / ton (fixed weight and gross weight). The cost of pporting the enterprise to the enterprise will reach 17 thousand and 600 yuan / ton, which is lower than that of the original national cotton auction price. The bid price of the original Xinjiang cotton auction is about 1.72-1.78 yuan / ton, although some stocks are in the mainland, and the pportation to the enterprise will reach 1.83-1.85 yuan / ton.
But the price of new cotton of grade 3 is higher than that of Hebei and Shandong by nearly 1000 yuan.
Nevertheless, due to the difference in cotton quality, Sichuan textile enterprises still tend to Xinjiang cotton.
Because the cotton market is in the downward period, the wait-and-see atmosphere of the cotton industry chain has not been terminated.
According to the relevant textile enterprises reflect, the yarn and cloth market is very cold, the quotations of enterprises are alternately decreasing one after another.
This week, a spinning enterprise C 32x21 133x76 66.5 quotes 10 yuan / metre, 0.60 yuan lower; C 40x40 133x72 67 "twill price 7.50 yuan / meter, 0.40 yuan; T65/C35 20x16 120x60 63" yarn card offer 9 yuan / meter, down 0.20 yuan; T65/C35 32x32 67 67 "twill quote price 6.90 yuan / M, down the 6.90 yuan;"
But there are still some varieties of quotations remain unchanged.
According to the general manager of the spinning enterprise, some varieties can still sell to this price, and there are still insufficient supply of individual varieties.
The reason is that there is a demand for the production of seasonal products for the rear road printing and dyeing garments, and the two is that these varieties do not crash with similar enterprises in the industry.
At present, there are more than 170 air-jet looms in the spinning industry, which are very convenient to change, and the sales of seasonal products are smooth, so the inventory pressure is relatively light.
In the case of a general increase in inventory pressure and a drop in start-up rate, raw material procurement has also been greatly affected.
Recently, the price of polyester staple fiber has dropped to around 9000 yuan / ton, and the production of polyester staple fiber in Sichuan is not large, but the demand is relatively large, and the price is relatively high.
According to related textile enterprises, the price of polyester fiber has dropped to 9500 yuan / ton this week, down 300 yuan from last week, which is a recent decline, but it is 500 yuan higher than that outside the province.
Recently, the news of the state's drastic reduction of cotton import quotas is widespread concern in the industry. All textile enterprises have reflected that such a policy is not desirable at all: "can quota restrictions reduce the pressure on domestic inventories? Can we restrict the import of yarn and cloth? If the yarn and cloth imports are once again blowout, can domestic textile enterprises survive?"
Although the wording is intense, we can see that the business is really pressing.
The reason is also very simple and smooth.
According to the enterprise, in the past, many textile enterprises in Sichuan used to get the import quotas of 894 thousand tons each year. Since last year, there has been no news, hoping that the relevant departments of the state will increase the pparency of the policy and give the Sichuan textile enterprises the proper treatment.
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