Today'S Xinjiang Cotton Auction Offers Details Of Resources.

The national cotton trading market is scheduled to be launched in April 28th. Xinjiang cotton has 7369.736 tons of competitive resources.

Among them, Xinjiang reservoir area has 3337.253 tons of resources (2565.443 tons of hand picked cotton, 10100 yuan / ton minimum bid, 771.81 tons of machine picked cotton, and lowest bid 12200 yuan / ton), involving 517.726 tons of cotton purchase by group purchase.

13200 yuan / ton; 4032.483 tons of resources in the inland reservoir area, of which 2692.734 of the group purchase accounts for 1766.875 tons of hand picked cotton, the lowest price is 12800 yuan / ton, group purchase 925.859 tons of machine picked cotton, and the lowest price is 12800 yuan / ton.

Participation "

Cotton

When reaching 500 tons or more, each batch of "group buying" cotton automatically cut down 100 yuan / ton on the basis of paction price as the final paction price.

The non group buying resources accounted for 1339.749 tons, 1253.117 tons for hand picking cotton, 12800 yuan / ton for the lowest price, 86.632 tons for machine picked cotton and 12900 yuan / ton for the lowest price.

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According to some cotton enterprises in southern Akesu, Kashi, Bachu and Bazhou Korla, the price of cotton futures contracts continued to rebound in the past two days, and the supply of Jannego grade hand picked cotton gradually tightened, and the impact of the bottom cotton textile enterprises' production and marketing situation bottomed out. The enthusiasm for inquiry, purchase and purchase of Xinjiang cotton picked up slightly. The emphasis was still on 1128 (1129), 2128 (2129) and 4128, 4127 or lighter cotton and yellow cotton.

On April 26-27, the quotation of hand picked cotton and machine picked cotton showed a slight upward trend. The range was generally 50-150 yuan / ton, and the cotton rose less than 3128 and below. The 2128 (2129) hand picked cotton gross weight delivery price was 13550-13750 yuan / ton, and Akesu, Bazhou, Korla and other places were less than 13500 yuan / ton.

Some cotton business enterprises in the mainland have analyzed that a large part of the cotton processing enterprises in the territory are required to repay 80% of their loans according to the loan contract before the end of May, and how long the activity of the production and marketing of the downstream cotton yarn and grey cloth can last for a long time. Cotton enterprises generally do not have the psychological bottom. Therefore, during the period of rising Zheng Zheng and increasing the enquiry, the cotton processing enterprises in southern Xinjiang, which are slower in sales, or hurry to ship the goods, but take into account that the cost and the selling price have been inverted 500-800 yuan / ton, so the cotton enterprises will not give much room for price concessions.

Since the middle of April, some of the larger cotton operators, traders and foreign businessmen stationed in the mainland have been stationed in Xinjiang, quietly distributing their products to the warehouses, asking for goods and making enquiries, and ordering a few orders for hand picking cotton.