Xinjiang Corps Cotton For The First Time Straight Cotton Patch Space Is Limited.

Here world

The small weave of the net gives you the introduction of BINGTUAN Cotton's first direct subsidy and settlement, and the space above the cotton is limited.

On October 15th, insiders told the great wisdom news agency that the first settlement of Xinjiang cotton Corps's direct subsidy has been released and the price is concentrated at 4.5-5 yuan / kg.

near

The Corps also confirmed the news, but the specific price is not clear.

The problem of high inventory of cotton in China is still increasing. With the late listing of new cotton, the pressure will increase.

There are certain factors of speculation in the market, and demand has also increased. Cotton prices have rebounded.

In the long run, speculation will eventually disappear, with limited space on top of cotton.

Chen Jing, an analyst with CITIC futures, told the great wisdom news agency that if the price of cotton is priced at around 10000 yuan, the price will be low if the price is 4.5-5 yuan / kg.

Although the purchase price of seed cotton is on the rise, the domestic sale is still deserted, and some enterprises have suspended the purchase of cotton.

Insiders told the great wisdom news agency that the Xinjiang regiment carried out the first settlement of cotton direct subsidy, but there were some differences in the price of seed cotton at the first settlement, focusing on 4.5-5.0 yuan / kg.

People close to Xinjiang confirmed the news, but the specific price is not clear.

The person pointed out that the sale of cotton in Xinjiang is not good now, and farmers are reluctant to sell the market seriously.

The problem of high cotton inventories has always been criticized by the market.

Recently, affected by bad weather, the agricultural sector in Xinjiang pointed out that the output per unit area of seed cotton is not as good as expected this year. The output per unit area in some areas is only 220-300 kg / mu, causing the market to worry about the decline of cotton production.

In addition, after the commencement of the holiday business, the number of acquisition companies has been increasing. Enterprises are constantly raising prices and purchasing for the guarantee of quantity, supporting the formation of cotton prices.

Guotai Junan Futures analyst Liu Shangqing told the great wisdom news agency that the sales volume this year is much less than that of the past. Last week, the processing level of some factories in Xinjiang has been raised, and the cotton factory's price hike should be to meet the needs of production.

Moreover, the negative factor that has been hyped up for now has also come to an end because of the temperature problem. In the early fall, there is a need for small rebounding.

Although cotton

The recent rebound is relatively large, but some analysts are still not optimistic about the trend of the future market.

Chen Jing pointed out that although cotton prices have rebounded, the upper space is limited.

In the future, new cotton will be listed on the market. Although the import quota has been stopped in China, the inventory will remain high at the end of the term, and the pressure on cotton will be greater.

Everbright futures Xu Aixia told great wisdom news agency that after the National Day holiday, the price of seed cotton in Xinjiang increased compared with that during the holiday season.

In addition, from the understanding of textile enterprises, the price of Xinjiang lint quotation slightly increased after the national day. Considering the Xinjiang cotton export and all kinds of expenses, the current disk price is still slightly lower. Recently, the downstream cotton enterprises also have the intention to buy insurance on the disc. Cotton prices will continue to rebound in the short term, but the long-term view is not optimistic.