The Phenomenon Of Rising Cotton Lint Rises And The Phenomenon Of Cotton Farmers' Selling Is Prominent.

According to the survey, as of the end of December, Korla, southern Xinjiang, Akesu The three cotton producing areas in Kashi will end with the addition of 65%-75% ginning plants. On the one hand, the low temperature of the southern Xinjiang reaches zero 15- below 20 degrees, and the moisture regain rate of cotton processing at night is generally over 8.5%. Cotton prices can only be processed in one class, and the starting time in the morning is generally before 11 o'clock. On the other hand, because of the low seed cotton prices this year, the phenomenon of cotton farmers' selling is very sudden. The seed cotton sale and acquisition period has been elongated, until the end of December, there are still some Uighur cotton farmers who have a large number of early flowers and medium flowers for sale.

Since late December, the selling price of the government's supervised cotton has 100-200 yuan / ton downwards, 2129 (2128, the main grade, two grade cotton accounts for more than 70%), and the 3128 Mao's hair reclaim. Price of goods They are 13700-13800 yuan / ton, 13400-13600 yuan / ton respectively, and Bachu, Jiashi, Shache and other places. lint The quotation is even lower 50-100 yuan / ton; the warehouse price in southern Xinjiang, Hebei, South, Jiangsu and other places is about 14400-14500 yuan / ton, and the sales rate is relatively slow. The sales progress is relatively slow. In the short term, there are fewer cotton mills and operators for Xinjiang cotton purchase in batches in the short term. On the one hand, 1/2 will have a large number of high-grade cotton and India cotton S-6 to China's main port in the month. On the other hand, the enterprises at the end of the year are facing loans, wages and bonuses, repayment of bank interest and so on, and there is not much money to purchase raw materials.

Related links:

Since the second half of this year, the international crude oil prices have been in a dilemma. The rapid recovery of supply and the slowing down of demand have led to the biggest unilateral drop in international oil prices since the financial crisis. Although New York's oil price has been short supported by the US $55 / barrel level recently, under the situation of prominent supply and demand contradiction, the probability that oil prices will continue to fall in the late period will be greater, thus putting pressure on the whole chemical product market.

As raw material for PTA production, PX has also undergone unilateral downward trend. Especially in the second half of the year, the concentrated supply of production has made the supply of PX in Asia rapidly increase, but the PTA enterprise operating rate remained low, and the pressure of PX oversupply began to appear. However, although prices continue to decline, the PX business is obviously better than 3 - May. When the processing cost of US $350 / ton was calculated, the loss of PX produced by naphtha was once more than US $100 / ton. At present, enterprises are basically hovering around the profit and loss balance line. It can be seen that PX production enterprises are not strong enough to reduce production, and the relative surplus of supply will continue.

At the end of November, the mainstream PTA manufacturers in China unanimously announced that since the beginning of December, plant maintenance or discontinued production began. The PTA industry started to fall from 75% above the end of November to about 52% in mid December. However, during this period, the crude oil in the outer market fell rapidly, eliminating the substantial positive effect of overhaul and shut-down. Domestic PTA spot price did not rise or fall, and it fell through the 5000 yuan / ton integer mark in December 11th.

In mid December, with the continuous restarting of maintenance devices, the operation rate of domestic PTA industry rose rapidly to about 75% of that before maintenance, and supply normalization. At the same time, domestic demand for polyester began to turn weak, especially the operation rate of polyester filament was obviously down, and signs of insufficient demand appeared gradually. Near the Spring Festival, the terminal textile enterprises will be closed down one after another. Therefore, late polyester demand further fall is a big probability event. Under the pressure of excess supply, the price of PTA will continue to bear down.