Xinjiang Cotton Is Facing Inventory Problems. Before The Holiday, Cotton Prices Are Hard To Pick Up.

It is understood that although the production and sale of "upside down" and cotton mill raw material inventory is generally lower than the low support, in January, since the middle of January, the cotton mill and cotton operators have a strong desire to sell prices. The price of lint inside and outside the warehouse declined significantly. The Corps did not plan to offer a bid before the Spring Festival. However, it was restricted by the temporary substitution effect of the imported cotton of the real estate cotton and port in the Pearl River Basin.

Gross

Before the Spring Festival, there was no willingness to purchase and replenishment, and the hopes of Xinjiang cotton quotations and turnover rebounded before the end of the year. Some manufacturers still had a small amount of shipments to recover cash in consideration of the fund situation and repayment pressure in February.

17-19 January, Shandong, Henan,

Warehouse South Xinjiang 2128 (including 2129) hand picked cotton price quoted 14200-14400 yuan / ton, the actual effective paction price in 14000-14300 yuan / ton, and 2128, 3128 cotton price difference is only 50-100 yuan / ton, the industry analysis, one or two, three grade lint no price difference is mainly due to the main level is not obvious.

Higher grade.

According to the ginning factory in Akesu and Bachu, the current inquiry and purchase of cotton lint are mainly cotton business and civilian cotton manufacturers in the mainland. There are few real cotton mills. The middlemen have a relatively high pressure on cotton prices, but they can pick up 100% cash. Therefore, some cotton enterprises that are not well funded and are not optimistic about the cotton market after the Spring Festival still have plans to ship their money back in the short run.

In addition, with the arrival of Spring Festival, the number of wagons on the platform of Korla, Akesu and Bachu decreased, and the pressure of shipment increased from late January to early February. Therefore, many buyers began to purchase goods in Urumqi, Turpan and other regulatory libraries. The paction price was basically the same as that in the southern Xinjiang warehouse, and the 2128 grade cotton weight was 13500-13600 yuan / ton.

Due to the large quantity and slow sales of Xinjiang cotton in the mainland warehouse, with the "upside down" of production and marketing becoming more and more prominent, the "intermediate fees" of the generation companies also rose, and the willingness of the linen cotton ginning plant to pport the linen out of Xinjiang began to decline.

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"Light spinning" has increased the volume of shipments this week. At present, the price of 210T is kept at 1.38 yuan / m.

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Jacquard material has increased slightly, and the quoted price is still stable.

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It is expected that there will be a trend of shrinkage and consolidation in the market next week.