South Xinjiang Cotton Trade Has Become Increasingly Active

It is understood that in the middle of April, the futures contracts of Zhengzhou Futures rebounded, and 5-9 months later, due to the enhancement of the spot shortage of high-grade cotton, and the promotion of the sales of cotton yarn and cotton cloth, and the high supply of C40s and above, and the tight supply of combed cotton yarn, the cotton textile factories and cotton traders in the mainland in the past week had increased significantly compared with March.

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It is indicated that at present, the port has the option of clearing high-grade cotton.

There is not much quantity. In early May, commercial bank loans are expected to be in place.

When the stock of raw materials is less than 2012-2014 years, the object of the supplement will be the high grade Xinjiang hand picking cotton.

Cotton processing enterprises in Akesu, Bazhou, Korla and other places also reflected that, at the end of April, the willingness of some cotton textile factories to sign contracts for purchase and sale increased considerably. However, due to tight capital flows, most of them hoped that the contract execution period would be extended to 20 days or 1 months, so as to ensure timely payment of loans and recovery of goods.

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Since April 22nd, Zheng cotton main contract has been pulled up since the 1509 contract volume, the majority of commodity red plates, including rubber, nickel, rebar, iron ore, coke and PVC, have increased considerably.

The prosperous market seems to be telling, "even in the desert, there is an oasis of hope."

But is it really so?

The rise comes from the macro level.

Recently, especially since the first quarter economic data was released, the domestic macro-economic continued to decline, calling for policy stimulus.

The first is to cut interest rates, then to lower the benchmark, and then to ease the currency.

Since the stock market is rising, since commodities are the leading indicators of the economy, commodities will not rise without reason.

As a result, copper went ahead, PTA started by accident, and sugar entered "bull market".

The fire of cotton finally fired.

The main reason for the increase is good goods.

From the early stage of Zheng Shang and cotton storage research, the textile market is better because of the upgrading of the structure and the sales of differentiated fibers are better.

At the same time, enterprises generally reflected that in the commodity cotton stocks on the market, good cotton is scarce, and no three silk cotton is popular.

Therefore, investors think that since good flowers are few, then stir up.

The rise in price is also the reason for the investors in the futures market.

No throwing is a barrier.

In the early days, the parties concerned, in view of stabilizing market expectations, made a statement on the condition of throwing away stores, that is, when the sale of new cotton reaches a certain level and the market needs cotton.

At present, Xinjiang cotton has sold more than half, and the inventory of consumer enterprises has been maintained for more than a month, and commercial inventories have maintained a certain level.

Therefore, it is interpreted as the recent national reserves will not be thrown aside, market pressure digestion.