China Textile City Week Review (January 5Th -1 11)

For a week,

According to different varieties of light Wang tend to separate, one week to terminate business, only in the collection of funds more than last week, the overall marketing line-up.

Among.

But a week of small and medium-sized batch return, winter marketable varieties and spring new money has been hastening and busy operation is still in the minority.

The total sales volume of the 21 main categories of staple fiber fabrics in a week is about 7 million 700 thousand meters, 7 million 520 thousand meters, 7 million 890 thousand meters, 8 million 210 thousand meters, 8 million 190 thousand meters, 9 million 230 thousand meters and 7 million 150 thousand meters respectively.

A week goes by.

The number of package stops increased, and the marketing aspect was smaller than that of last week. However, as most garment factories continue to demand more goods for winter and spring varieties, some of the winter suitable varieties and spring medium thickness fashion clothes are more frequently followed up.

This week, the general market of textile and textile products generally rebounded slightly more than last week, a big increase over the same period last year.

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In January 11th, the sale price of local 3128 grade lint was 13100 yuan / ton (gross weight was raised from the ticket price), and the sale price of grade 4128 lint was 12600 yuan / ton, compared with the day before yesterday.

At present, spot sales are more difficult, because most of cotton enterprises sell mainly to textile enterprises, but textile enterprises are less motivated to buy.

The main reasons are: first, most of the large textile enterprises that can apply for quotas will have enough stock on the eve of new year's day, slow down the pace of purchase after the festival; two, the Spring Festival is coming soon, and textile enterprises will have difficulty in capital turnover, and insist on purchasing textile enterprises to buy with them, and it is a small batch of piecemeal purchases. Three, the downstream consumption of textile enterprises is still in a weak trend, and it is difficult to improve in a short time.

Some cotton enterprises insist on hedging in the Zheng cotton futures market, but with the acquisition process, the quality of seed cotton has declined.

According to the test data of a local cotton enterprise, the number of white cotton grade 4 and light spot cotton grade 2 has increased, the white cotton grade 4 premium is 500 yuan / ton, the spot cotton grade 2 discount is 700 yuan / ton, the profit margin of the warehouse cotton has been engulfed, and it has already been in a loss situation. Therefore, some cotton enterprises indicate that if we want to continue hedging in the futures market, we must first ensure the quality of the seed cotton purchased, and only if we keep the quality of the seed cotton to make the warehouse cotton is meaningful.

Therefore, in the later process of seed cotton purchase, cotton enterprises will be cautious to purchase, buy or reject low quality cotton seeds or refuse to sell at low prices.

As of January 9th, the total number of warehouse receipts was 772, of which 461 were Xinjiang cotton, 81 more than the previous day, and 311 of real cotton warehouse receipts, 35 more than the previous day, and limited forecasts were 508.

From the warehouse receipt data, we can see that cotton enterprises are selling in the futures market when they are difficult to sell on spot, so that they can walk on two legs to gain business profits.

Recently, the purchase price of 3 cotton seed cotton in local cotton enterprises was 2.95 yuan / kg (lint percentage 38%, moisture regain 13%). The purchase price of white cotton 4 grade seed cotton was 2.85 yuan / Jin, and the daily purchase quantity was less.

As cotton seed cotton purchase is not active, seed cotton purchase quantity is less, cottonseed output is limited, cotton enterprises have strong desire to cotton seed price, the current offer is 1.15 yuan / Jin, compared with last week.

According to the 3% loss, plus the cost of 1000 yuan per ton, the white cotton 3 level production cost is 12950 yuan / ton. If the two notarization test results in a demotion phenomenon, the profit margin of the production warehouse can be compressed, so it is possible to enter the loss.

There are still more than a month to go before the Spring Festival. Most cotton growers are on the one hand selling cotton for use. On the other hand, fireworks and firecrackers are being set up during the Spring Festival.