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    Long Staple Cotton: The Market Is Thriving And The Market Is Divided.

    2014/11/26 16:33:00 10

    Long Staple CottonMarket ShareMarket Divergence

    Recently, the domestic fine cotton market has gone down sharply, but long staple cotton has not been affected. On the 25 day, a friend who made cotton business in Akesu, Xinjiang said that on the 24-25 day, the price of long staple cotton seed cotton in Awati county was 9.35-9.65 yuan / kg (33% of lint, 10% of water), and the price was relatively stable. The cotton mill is still "open" to buy, and cotton growers are also being sold, forming a booming market. He introduced that at present, Awati county's long staple cotton spot quotation is 137 class 26300-26800 yuan / ton (delivery price, gross weight, with ticket), and the 237 level price is 25700-26000 yuan / ton.

    At present, many cotton ginning plants newly processed cotton have been booked by the mainland textile enterprises or cotton traders. "Some enterprises are pushing down prices, but the price is very strong." Friends said that the output of long staple cotton is lower than expected this year, the average yield per unit area is 200 kg / mu line, which is lower than the prediction of 230 kg / Mu at the beginning of this month, and also lower than the output of 250 kg / mu in 2013. Therefore, the ginning plant is generally worried that cotton can not be collected in the late stage, so most of them dare not slow down the pace of acquisition, but feel that the number of daily purchases is decreasing.

    A ginning factory in Awati bought 110 thousand kg of long staple cotton seed cotton, the person in charge said that the purchasing volume in recent days was less than 30% compared with that of the previous ones. First, the sale volume of cotton growers was significantly reduced; two, there was a downward trend in cotton quality. According to the forecast of enterprises, by early December, the acquisition and processing of long staple cotton will come to an end, and will be basically completed by the end of the processing.

    The author understands that at present, the annual price of Chen long staple cotton in the Yellow River river basin is 137 yuan at 28000 yuan / ton line, 237 level 27500 yuan / ton, and the cost of transporting new season long staple cotton to Shandong and Hebei is also close to this price, so that the price of new long staple cotton will be integrated. "Now cotton is not much, basically not seen. cost We still prefer the new season long staple cotton. A market source said.

    Up to now, market There is a divergence between the late trend of long staple cotton and a recognition that price is facing downside risks. Reasons: first, the recent fine down cotton has dropped sharply, especially in some large domestic areas. Spin The price of cotton lint has been cut down sharply. The price of factory grade 3128 has reached 13000 yuan / ton (25 days quoted by Wei Qiao); second, Zheng cotton and ICE cotton have been descending together, adding bad atmosphere to the market. However, many people believe that the late staple cotton will be relatively strong. Reasons: 1, the high quality cotton is extremely scarce this year. As of now, Xinjiang's high quality hand picked cotton has been ordered to be empty, and the low quality cotton picking is left. 2, the Australian cotton and American cotton ports have been bottomed out, and traders are afraid to order the forward shipment. The import of cotton will be greatly reduced in 2015. 3, the cotton yarn with high count yarn, American cotton, Australian cotton and long staple cotton is still available, and the price is relatively strong, which will bring support to long staple cotton and high quality fine cotton. In the depressed market of the whole country, long staple cotton can be described as "thriving". However, whether the latter can be maintained depends on the downstream demand and the true supply of long staple cotton.

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