Buyers Tend To Pick Up Goods In The Territory. Xinjiang Cotton Quotation Is Chaotic.
According to the survey, at present, Shandong, Hebei, Jiangsu, Henan and other places of small and medium-sized cotton textile enterprises are restricted by purchasing funds, transportation costs, financial costs and difficulties in the recovery of downstream goods, and so on, and the purchase of cotton and other raw materials has been transferred to the cotton and linen and cotton operators in the mainland and other ways through partial credit or full arrears. A cotton and linen company in Hebei said that the number of inquiries and goods demanded by the cotton textile enterprises in Hebei and Jiangsu gradually increased after the Spring Festival. In order to pick up one vehicle or two cars (one vehicle and one batch), the delivery time was very tight, requiring more shipping to the factory within two days, and paying less than 50% customers.
Most operators directly purchase cotton linen from cotton warehouse or cotton mill nearby warehouse according to the quality requirements of cotton mill, so as to reduce the cost of intermediate transfer. Some middlemen said that since the beginning of March, the mainland textile enterprises have been asking and increasing the price of hand picked cotton in the southern Xinjiang, with a horse value of B1 and B2, but procurement is still mainly "piecemeal".
Judging from the quotation of Xinjiang cotton since early March, chaos and miscellaneous are still the main features. It is the 3128 level hand picked cotton warehouse in Akesu, Bachu and Korla in southern Xinjiang. offer The gap reached 200-300 yuan / ton. Due to the relatively large pressure from the southern Xinjiang Railway, there are still a lot of lint piling on the platform waiting for the wagon. In addition, at the end of March, the loan banks need to be recycled in proportion. loan The cotton price of cotton processing enterprises needing to sell cotton for repayment is reduced by 200-300 yuan / ton before the Spring Festival, and some manufacturers plan to sell more than 20% in the short term.
And a few cash flow is abundant, the loan ratio is low or no bank loans of cotton enterprises are very calm, on the one hand orderly move to the mainland warehouse; on the other hand observe ICE, Zhengzhou and cotton market supply and demand situation changes, wait for Xinjiang cotton Demand is turning around. In March 9th, the 3128 class gross weight pick up price in southern Xinjiang was quoted at 13000-13800 yuan / ton, and the price of the dirty cotton was reduced to about 12000 yuan / ton. Many cotton factories and textile factories in the mainland did not send people to the warehouse to see the goods. Instead, they decided to purchase according to the public inspection certificate, with the emphasis on impurity, length, horse value and grade.
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9, Shandong, Dezhou, Binzhou, Dongying and other 400 enterprises seed cotton purchase price 2.80-3.15 yuan / Jin, a slight increase of 0.02 yuan / Jin compared with last week. According to the enterprise, at present, 400 enterprises in Shandong province started 35-40, which fell by more than 69% compared with 130 before the Spring Festival holiday. Talking about the reasons, a market source in Dezhou said: first, there is not much quantity of seed cotton after the festival. Two, the spot digestion that was processed years ago was slow, and it was difficult for enterprises to withdraw funds. The market prices in Hebei, Henan and Tianjin are similar to those in Shandong. As of 9 days, the rate of operation of the 400 type enterprises was only about 20% of that before the Spring Festival, while the 200 type enterprises were very few. A cotton grower in Cangzhou, Hebei, said that although the direct subsidy scheme of Hebei, Shandong and Henan has been approved, the market is expected to be subsidized in April, but the allowance is only a drop in the bucket for cotton farmers.
On the spot, on the 9 th, most of the linen factories in Hebei had 3128 factory linen prices, 13000-13200 yuan / ton and 4128 grade 12600-12700 yuan / ton, up 200 yuan / ton before the Spring Festival. However, some ginning plants worry that spot prices will turn downward after a small increase. First, it is reported that the Xinjiang regiment has cut down the sale of lint and the price of machine picked cotton has been reduced by 300 yuan / ton on the basis of 13500 yuan / ton, and there are still preferential purchases in large quantities. Two, the price of real cotton in Shandong and Henan has returned to the level before the Spring Festival, of which the 3128 level of Shandong Binzhou is 12900 yuan / ton, down 200 yuan / ton compared with last week; three is the decline of zhengmian futures, as of Friday (6), the CF1505 contract of zhengmian main force has been collected 13160 yuan / ton, which is down by 115 yuan / ton before the Spring Festival (February 13th), which is not conducive to the spot market of lint.
Cottonseed market down. On the 9 day, the prices of cottonseeds from Shandong Xiajin and Hebei Dongguang were 1.17 yuan / Jin, 1.14 yuan / Jin respectively, down 0.02 yuan / Jin compared with last week. It is understood that after the Spring Festival, the Yellow River River Basin cottonseed market presents "first up and then down" characteristics. Recently, the main reason for the decline of cottonseed is that the downstream cottonseed oil and cottonseed meal are being dragged down by the external market. The head of an oil mill said, not only the mainland cottonseed fall, Xinjiang Akesu, Kashi and other cottonseed also have a small fall, the 9 - day delivery price of 0.81 yuan / Jin, down 0.01-0.02 yuan / Jin, some mainland oil mills in Xinjiang procurement enthusiasm also declined, it is expected that the price of cottonseed is easy to fall in the near future.
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