Xinjiang Cotton City Gradually Warming Mainland Xincotton Sporadic Turnover

Entering the middle of October, the domestic cotton enterprises started to increase. At present, the mainland and Xinjiang markets can be described as two days.

At present, the cotton market in the whole of the mainland is deserted and is in a stalemate.

In October 13th, Shandong, Hebei, Tianjin and other places seed cotton price 3.05-3.40 yuan / jin (lint 38%, moisture regain 12%), the overall compared to 8 days down 0.05-0.20 yuan / Jin.

Among them, Shandong Dezhou, Binzhou and other places in 3.35-3.40 yuan / Jin, Hebei Cangzhou, Hengshui and other places in 3.10-3.30 yuan / Jin, Tianjin 3.05-3.15 yuan / Jin, compared with the same period last year price difference 1.00-1.30 yuan / Jin, cotton farmers reluctant to sell strong emotions.

Cotton mill "when a monk hit a clock", as of 13 days, the mainland opened the scale cotton enterprises mainly in Shandong, Hebei, Tianjin, Hubei, Anhui area, the boot rate is still less than 30%, has begun to scale enterprises are also left in the cold.

Zhang Zhang, director of a 400 type enterprise in Cangzhou, Hebei, said that they only had 1200 kg of seed cotton for 5 days, and many businesses around him were almost the same as him.

In contrast with the mainland, Xinjiang cotton market is gradually warming up.

12 days,

Cotton growers in Kashi and other places have reflected that in the past two days, the price of seed cotton is basically 6.00-6.10 yuan / kg (40% of lint, 11% of moisture regain), rising by 0.20-0.30 yuan / kg compared with 9, and the enthusiasm of cotton farmers to sell has increased.

The scale of cotton production has reached over 90%.

Akesu's owner of a cotton business reflects that spot sales have improved recently, and the 3128 grade pickup price of lint is 14300-14500 yuan / ton, up 200-300 yuan / ton compared with 10 days.

Textile enterprises Procurement: and wait and see

Recently, the mainland textile enterprises have been buying new cotton or carrying cash checks for direct purchase, and Xinjiang's cotton purchase and sales are heating up. However, the attitude of spinning enterprises is still "buying and selling", and the attitude towards the mainland cotton is indifferent.

13, the head of a textile enterprise in Binzhou, Shandong said that there is still no clear judgement of the cotton market this year. Only 17 days left in the inventory of raw materials.

Hebei,

And some enterprises in Jiangsu also said that some cotton urgently needed to be quench thirst in the near future.

Some market participants believe that with the increase of seed cotton listing, cotton market has become more and more stable in recent years, and the cotton price is higher than that in the previous market. In addition, due to the limited stock of raw materials in textile enterprises, the urgent need for replenishment in the near future is probably an opportunity for cotton producers and cotton traders.