Xinjiang Cotton Has A Downward Trend In Recent Downside Risks.

　　 First, some ginning factories and dealers lowered their prices.

In January 3, 2015, Xinjiang lint The price of 2129 - class and 3128 - grade gross weight was 13700-13800 yuan / T, 13500-13600 yuan / ton, and the price dropped by 50-100 yuan per ton before the new year's day. And some ginning plants also reflect that, from the end of 12 to 2014, the spot price of lint has been cut by 100-200 yuan / ton, of which the 3128 level quoted price of the Akesu manufacturer is 13500 yuan / ton line, and the 3128 grade price of hand picked cotton in Shihezi area is 13400 yuan / ton line. Some of the 3128 grade Xinjiang hand picked cotton has been moved to the mainland, and the price is 14400-14500 yuan / ton, and sales progress is slow. Some of the Xinjiang ginning mills, cotton merchants and dealers in the mainland reflected that in 2015, cotton prices in Xinjiang were under great pressure, and the possibility of continued downgrades in the near future.

　　 Two, the negative factors are pervaded. Price Difficult to rise

The recent sale of Xinjiang cotton is light. In December 31, 2014, the Xinjiang cotton auction sale launched a resource of 5287.655 tons, with a turnover of 129.9350 tons, with a turnover rate of only 2.46%. Data show that since the end of December 31, 2014, Xinjiang cotton auction cumulative turnover of only 3777.458 tons of resources.

Only a small amount of replenishment of textile enterprises, purchasing power is not strong. Recently, textile enterprises in the mainland and Xinjiang have shown a wait-and-see mentality, and most of them have little desire to replenishment. Investigation of textile enterprises in Shandong, Hebei and other places learned that at present, more than 15-30 enterprises of cotton stocks in the above scale enterprises are rarely seen for more than 40 days. Although stocks are low, textile companies still insist on buying and selling. In addition, by the beginning of 2015, the start-up rate of textile enterprises maintained 65% levels, down by more than 11% from the same period last year.

The outer cotton and outer yarn are weakening and pressing down Xinjiang cotton. In January 4th, Qingdao port India cotton S-6 1-5/32 RMB quoted at 14200-14300 yuan / ton, Australia cotton SM level in 17200-17500 yuan / ton, traders feedback, the recent overall unmarketable, the price has downside risk. External yarn, because China's yarn prices downward space larger, resulting in a sharp decline in cotton. On the 3-4 th of January, there was a 55 thousand ton line of imported yarn stock in the main port, 21 yuan in India and Pakistan yarn at 18900-19000 yuan / ton, and the price difference with the homemade yarn in China was 1000 yuan / ton.

　　 Three, continue in the later stage. Downside risk

For the first quarter of 2015, the domestic cotton price trend, I believe that in 2015 1-3 months, Xinjiang cotton is still dominated by weak downwards, but under the support of cost, the downlink space will not be too large, and we need to pay attention to Xinjiang cotton Sinotrans.