Xinjiang: Increase In Market Enquiry And Cotton Price Jump

Recently, the Xinjiang area is freezing cold, blocking cotton purchase and sale.

As of December 18th, the seed cotton sale in Akesu was only carried out in a few small factories and individual cotton farmers.

The seed cotton sale is mainly flower and frost, and the mainstream price is 5.60-6.00 yuan / kg (lint 40-41%, moisture 10%).

A ginning factory reflects that there are more cotton impurities, more stiff valves and dark colors in the near future, and can only be classified as below grade 3 below the rank cotton grade.

The Wusu area in Northern Xinjiang is in bad weather recently. The temperature is below 10-20 degrees Celsius, and cotton farmers are selling off and off.

On the 18 day, the price of hand picked cotton seed was 5 yuan / kg (lint 38-40%, moisture 11%), unchanged from 17.

The ginning factory bought sporadic acquisitions and bought 3-5 Jin Jin daily.

"There is no factory acquisition at the end of the month, and cotton growers are stepping up their sales."

The head of a ginning factory said that the main task of today's ginning plant is to sell lint.

As of 18 days, the 3128 grade lint factory in Wusu, Shihezi, Changji and other places in Northern Xinjiang quoted a price of 13800-14000 yuan / ton (pick up, gross weight, with tickets), and the 4127 level price was 13500-13600 yuan / ton, all of which was flat with 17 days.

And most of the quotations for machine picked cotton are mostly 12800-13200 yuan / ton, but little change.

according to

It is reflected that since mid December, the inquiry price of cotton enterprises in Northern Xinjiang has increased, but there are not many actual pactions.

In order to speed up cash flow, some of the orders are less than 100-200 yuan / ton, and 3128 grade lint is 13600-13800 yuan / ton.

Southern Xinjiang

The platform pick up price 3128 level is 14000-14200 yuan / ton, 2129 level is above 14500 yuan / ton, the field textile enterprise, the cotton trader inquiry price obviously increases, only a small number of pactions.

In addition, recent

Cottonseed prices rose slightly.

On the same day, the main price of cotton seeds in the southern Xinjiang Akesu area was 1.66-1.67 yuan / kg, and the mainstream price of cotton seed in Shihezi and other places in Northern Xinjiang was 1.61-1.62 yuan / kg, all of which rose 0.02 yuan / kg over the 17 day.

Due to the significant reduction in cotton seed production in Xinjiang, the purchase of oil refineries in the mainland has increased recently. The market is optimistic about the cotton seed market. It is estimated that before the new year's day, there will be a 0.10 yuan / kg increase in Xinjiang cottonseed.

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On the 11-18 day of December 2014, the domestic cotton market price dropped considerably. The average price of the national cotton price A index (CNCotton A), representing the 2129B cotton price in the mainland, was 14062 yuan / ton, down 227 yuan / ton compared with last week. The average price of the national cotton price B index (CNCotton B), representing the mainland's 3128B grade cotton price, was 13437 yuan / ton, down 251 yuan / ton.

At the end of the week, the acquisition of domestic seed cotton came to an end. Among them, the mainstream purchase price of cotton seed in the mainland was 3.00-3.15 yuan / Jin interval, and the purchase was mostly dominated by flower production.

Xinjiang cotton area is cold and cold, and seed cotton sale is blocked. The flowers are mainly flower and frost. There are more impurities, more stiff valves and dark colors. The mainstream price is 5.60-6.00 yuan / kg. The manufacturers mostly quote cotton linen quotes, and cotton enterprises buy sporadically, and the daily purchasing amount is 3-5 Jin Jin.

At present, cotton enterprises have shifted their focus to selling lint.

When Zhou's inquiry was increased with cotton enterprises, local cotton prices rose slightly, but there were not many actual pactions.

Some small and medium-sized cotton mills in the mainland have made inquiries, purchased machine picked cotton from the warehouse in the mainland, and quoted 13400-13500 yuan / ton in the North China machine driven cotton warehouse. The price of machine picked cotton in the southern Xinjiang is slightly higher than 100-200 yuan / ton. However, because of the large impurity of machine picked cotton and the high reversion of lint cotton, most cotton mills require public settlement, and the price is concentrated at 14000 yuan / ton.

Hubei, Anhui and other places because most of the cotton enterprises have stopped, strong price intention, real estate cotton spot quotation slightly increased, including Hubei, Wuhan, Jingzhou and other 3128 lint price 13300 yuan / ton, 2227 level price 13000 yuan / ton, all up 100-200 yuan / ton last week.

During the week, the demand for pure cotton yarn had not improved significantly. The high and medium count cotton yarn had been kept on demand, and the shipment of low count cotton yarn was still unsmooth under the impact of imported yarn.

The best varieties are mainly spun yarns and Combed Yarns, while the combed yarn is still in the market except 32 or 40. Other yarn is not well shipped, and sales are stagnant.

Near the end of the year, although there is a certain demand for stocking and stocking in downstream factories, its strength is limited and it is difficult to support the market of cotton yarn.

In December 17th, under the anticipation of the Fed's interest rate increase, the commodity market responded quickly, and the ICE cotton oscillation rebounded. From the technical perspective, the resistance above cotton price is obvious, and it will continue to consolidate near 60 cents in the short term.

Zheng cotton aspect, at the end of the year, the peak season of consumption prompted a slight improvement in sales, import cotton to port volume is low, cotton market profits appear more frequently, but the supply of new cotton concentrates on the market is still loose, plus spot trading is light, yarn demand has not yet recovered or affect the purchasing enthusiasm of textile enterprises, short term and short term factors are woven.

In December 17th, Zheng cotton futures opened high, followed by a low oscillation, ending down, and the short and short term game was in full swing, oscillating or continuing.