Details Of Competitive Sale Of Xinjiang Cotton

Xinjiang cotton is expected to list 7234.672 tons of competitive resources in April 22nd, and the latter market deserves our attention.

Among them, 2636.699 tons of resources in the Xinjiang reservoir area (1886.294 tons of hand picked cotton, 13200 yuan / ton minimum bid, 750.405 tons of machine picked cotton and the lowest price of 12300 yuan / ton), including 384.231 tons of cotton corps, 13600 yuan / ton from the lowest price, 4597.973 tons of resources in the inland reservoir area, and 2067.023 tons of the group purchase part.

1058.938 tons of hand picked cotton, minimum price of 12800 yuan / ton, group purchase of 1008.085 tons of machine picked cotton, minimum price of 12800 yuan / ton.

Non group buying resources accounted for 2530.95 tons, (hand picking cotton 1845.554 tons, minimum offer 13200 yuan / ton, 685.396 tons of machine picked cotton, lowest offer 12900 yuan / ton).

Participating in group buying

When the turnover reached 500 tons or more, each batch of "group buying" cotton was automatically reduced by 100 yuan / ton on the basis of paction price as the final paction price.

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It is understood that since April, the polarization of the mainland's cotton yarn market is very serious.

On the one hand, C40S and above count cotton yarn is low because of the low inventory of cotton mills, and the orders are good. The price is strong, and the quotation is relatively strong. Some cotton mills which are stable in quality, moderate in price, allow acceptance or domestic letter of credit have even queued orders.

On the other hand, the quotation of C32S and below ring spinning and spinning yarn not only dropped 200-300 yuan / ton again than in late March, but also under the precondition of India, Pakistan, Vietnam, Central Asia and other imported cotton yarn soldiers (the price of the outer yarn was also lowered simultaneously), the domestic orders of low and low grade cotton yarn were shrinking obviously, and the stock of textile products was overloaded.

Influenced by the recent sales situation of high count yarn, high spun yarn and high density and high density cloth, the influence of orders is strong. At present, the enthusiasm of lint cotton enterprises in the territory is cooling down, especially in southern Xinjiang cotton picking plant.

On the one hand, as at the end of March, cotton sales in Xinjiang reached 58% (cotton association data of Xinjiang), and sales of cotton in the regiment reached 47.8% (excluding the cotton picking machine of the Corps), and because of short staple, impurity and grade, the spot circulation ratio of machine picked cotton was much more difficult. The proportion of hand picked cotton in the previous sale accounted for more than 70%, so the remaining high-grade hand picked cotton quantity was less than 800 thousand tons.

On the other hand, as the spot price of cotton is weak and stable, and the price of geopolitics and the weakening of the US dollar has been pushed up by the recent geopolitics and the weakening of the US dollar, the polyester staple fiber and viscose staple fiber have increased more than 1000 yuan / ton.

In addition, the margin of production and sale of cotton enterprises is generally 500-800 yuan / ton, which is relatively lower.