Xinjiang Cotton Purchasing Enters Low Tide Period

It is understood that, before January 20th, Akesu, Kashi, Bachu, Bazhou, Korla and other places to supervise the storage of lint sale quotas to maintain a weak oscillation down, 2128 level (including 2129 level), 3128 (including 3129) gross weight pick up 13500-13700 yuan / ton, Shache, Jiashi, Bachu and other places 3128 3128 13300-13400 yuan / ton; inland Shandong, Hebei, Hebei, Hebei and other warehouses 2128 grade (including 2129) gross weight 14200-14300 yuan / ton, public 13700-13900 yuan / ton.

Industry insiders say, overall look.

Although the decline in cotton prices has slowed down significantly, it is difficult to stabilize or even rebound before the Spring Festival.

The whole cotton market presents a stalemate. On the one hand, due to the relatively low pressure of loan repayment before the end of March, and the market acceptance price has fallen below the purchasing processing cost, it is generally reluctant to sell.

and

The impact of the continued weak downward trend, cotton mill before the Spring Festival replenishment will be lower, cotton procurement has entered a low tide, the market Xinjiang cotton turnover is very inactive.

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On the 21 day, 10 enterprises in Shijiazhuang, Hebei, made an offer of 14800 yuan / ton for air spinning and 21 yuan for 16300 yuan / ton, down 200 yuan / ton compared with last Friday.

Zhang Jun, the head of the company, said that during the Spring Festival, business funds were tight, and eager to repay the loan, they had to sell inventory to return the funds.

On the same day, Shandong, Dongying, Liaocheng and other places textile enterprises also reflect.

Recently, the price of 21 low price matching rings made by local textile enterprises was 20500 yuan / ton, 32 yuan 22700 yuan / ton, 40 yuan 23600 yuan / ton, respectively, down 300 yuan / ton, 300 yuan / ton, 500 yuan per ton compared with last Friday.

A textile enterprise manager in Shandong believes that the short supply of middle and low grade cotton is sufficient in the near future, while the orders for the lower autumn and winter clothing are obviously reduced. The cotton yarn factory has also reduced the stock and the cage funds by reducing the price, and reduced the production line of some middle and low yarn, resulting in the low price of low yarn.

In contrast to the low medium yarn market with low cotton blending, the recent high and medium yarn prices were steady and the turnover was smoother.

On the 21 day, 60 pieces of Shandong Dezhou, Binzhou and other goblin combs were priced at 31500 yuan / ton, 80 cotton with long staple cotton combing, and 53000 yuan / ton.

According to the market's reflection, there are four reasons for the high and medium high yarn market stability: first, before and after the Spring Festival, the fine yarn production and sales season; second, the inventory of textile enterprises is low, and the pressure on inventory is not large.

It is understood that as of mid January, some 200 thousand or more large spinning enterprises in the the Yellow River River Basin have maintained more than 60 yarn stocks for 15-18 days, and individual enterprises are only about 10 days.

Third, the upstream raw material resources are scarce, prices are strong, and there is a possibility of rising.

On the 21 day, the price of Xinjiang cotton at 3128 level in Shandong area was 14300 yuan / ton line, the 2129 level was 14700 yuan / ton, while 137 grade long staple cotton was 27500-27600 yuan / ton, 237 grade 27000 yuan / ton.

The price is more solid.

Some market participants believe that the price is likely to rise after the Spring Festival because of the shortage of high-quality cotton resources in the current year.

Therefore, the textile enterprises are more active in stocking high-grade cotton and driving up prices.

Fourth, the domestic and imported yarns are still limited to the middle and low branches, and the high impact of the high count yarn is smaller.

In recent years, most of the textile enterprises have made preparations for the holiday. Generally speaking, most of the large and medium-sized enterprises have maintained their previous years during the Spring Festival holiday this year. The general holiday is from 13 to 14 February to February 26th or March 5th. Most small and medium-sized enterprises have moved their holidays to February 11th or so, and even some individual enterprises have not decided on the resumption of work after the Spring Festival.