Long Staple Cotton Market "Pressure Mountain", I Wonder If I Can Hold On.
Recently, the price of long staple cotton seed cotton in Awati County of Xinjiang has dropped slightly.
In November 26th, the mainstream purchase price of ginning plants was 9.35-9.60 yuan / kg (lint 32.5%, moisture 10%), down 19 yuan 0.10-0.15 yuan / kg.
Due to the decrease of seed cotton quantity and the impact of ginning factory wait-and-see sentiment, the daily purchasing amount of the cotton mill decreased slightly, most of which fell to 20-30%.
According to the author's understanding, the cotton prices in the domestic market have dropped sharply in recent years. Among them, the pickup price of Xinjiang 3128 level platform is 14200 yuan / ton line (hand picking cotton, gross weight, and ticket), which is 200-300 yuan / ton less than 21 days.
And the situation of machine picked cotton is even worse. The head of a ginning factory in Shihezi, Northern Xinjiang, introduced 24-26 days. The price of local production machine was 3 yuan, 13200 yuan / ton, and 21 days, which was nearly 400 yuan / ton.
"Now there are negative energy everywhere. We talk about cotton color change."
The official said that the fine staple cotton market has caused some negative effects on long staple cotton.
The long staple cotton ginning plant changed from "rush to collect" to "careful collection".
According to market feedback, up to now, Xinjiang Awati County long staple cotton has been picked up, has completed the acquisition of 50-55%, half of the cotton is still in the hands of cotton farmers.
Some cotton ginning factories are very strict in the quality control of cotton, and some enterprises have set an upper limit on daily income to cope with market risks.
Cotton Traders and textile enterprises are turning from "rush to the top" into wait-and-see.
According to the cotton trader, the price of the new year's long staple cotton shipped to the mainland is 27500-28000 yuan / ton, which is the same as last year's price. The risk of the latter is too great. Most Cotton Traders plan to wait and see before deciding whether to purchase.
Individual ginning factory quotes "small setbacks".
The owner of a ginning plant in Awati County said that its inventory of more than 500 tons of staple cotton is now in stock, and that there are still about 600 tons of unprocessed goods at present.
Their factory adopted a strategy of "clear and steady drop", which promised cotton merchants and spinning enterprises. As long as cash settlement and one-time purchase were over 100 tons, the space for negotiation could be expanded to 300 yuan / ton.
Can it be considered that long staple cotton will follow?
Medium Cotton
In this crisis, can long staple cotton survive? Cotton growers, cotton producers and spinning enterprises have different views.
Cotton grower
Will keep up with the price.
A Han cotton grower in Awati County said that the average yield of long staple cotton this year is about 200 kg / mu, twice as much as that of 400 kg / mu of fine wool cotton.
At present, the fine wool cotton is in the line of 6 yuan / kg. In principle, the price of long staple cotton should be doubled, reaching 12 yuan / kg, and the current price is less than 10 yuan / kg, less than the psychological expectation value 2 yuan / kg.
Cotton farmers continue to pay a high price and plan to replant fine cotton next year.
Cotton enterprises
More willing to bag for safety.
Most cotton enterprises reflect that they will no longer take the old road of last year. They will no longer store large quantities of cotton this year. However, the price of Chen long staple cotton in the mainland will reach 28000 yuan / ton in 2013.
The textile enterprises are in urgent need of "high quality" cotton.
Textile enterprises believe that this year cotton seems to be oversupplied. In fact, the supply of low quality cotton is in excess of demand, and high quality cotton is still in short supply. Now most enterprises have a large number of plans to purchase high-quality cotton, especially some high spinning enterprises mainly staple cotton with long staple cotton. At present, inventory remains low, and the demand for replenishment is very strong.
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