Follow Up On The Sale Of Cotton Reserves

In the past two months, the CRB index, which tracks the performance of 19 commodities, is rising gradually, and commodities are coming to spring.

Interest rate cuts are good, liquidity is abundant, and chemicals and agricultural products are rising.

In bulk commodities as a whole

On the occasion of the warming, Zheng cotton also followed the general trend and pushed out the weak pattern and rebounded strongly under the impetus of capital.

The Advisory Committee released the global cotton supply and demand forecast data in 2015/2016, which is estimated to have a global initial inventory of 21 million 810 thousand tons, an increase of 11.7 over the same period last year. The output was 23 million 890 thousand tons, a decrease of 9.3% over the same period last year; consumption was 24 million 470 thousand tons, an increase of 1.7% over the same period last year; the final inventory was 21 million 230 thousand tons, representing a decrease of 2.7% over the same period last year.

The world has sounded the horn of reduction, the three largest cotton producing countries, China and the United States.

Obviously, the output of India has been reduced slightly. In general, there is no doubt that cotton production will be cut down next year.

At the same time, global consumption is expected to grow by 1.7%.

Therefore, the supply and demand of cotton will improve in the next year, and the road to inventory will be opened.

Since the beginning of April, Zheng cotton has performed very staggering, rebounding gradually from the low level of 12800 yuan / ton.

Especially at the end of April, the rebound increased and the number of positions increased more than doubled.

Nearly two days, under the external drive, Zheng cotton fell sharply, I believe that Zheng cotton aftermarket is still rising kinetic energy, but the space is limited.

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Cotton yarn: the news from various sources in recent weeks said that the sales volume of C32s and C40s in Shandong, Henan and other places in recent years has increased significantly, and the inventory of textile enterprises is low, which has led to a slightly more active sales in the cotton market, with the price being flat or 100 yuan per ton.

However, according to the market outlook of cotton yarn, people in the industry have different opinions. There is a regional feeling that the current sales of cotton yarn have turned a trend of decline. Therefore, the sales volume of the future market will go downhill and the price will also have a low price adjustment.

I personally believe that regardless of the development of the market, all textile enterprises should adjust their product structure in combination with their own practical ability in order to maintain the normal capital turnover of the enterprises in line with their own practical ability and adjust their product structure according to their own actual capabilities. They also need to have the trademark high-end products with the enterprise logo to create the brand effect of the enterprises, create higher added value for the enterprises, and not blindly follow the trend and risk themselves.

Polyester cotton yarn: most of the polyester cotton yarns in Hebei, Shandong and Henan provinces are made of workmanship fabrics, and the export of the fabrics is very large, resulting in the large and stable amount of polyester cotton yarn. Although the profit is thin, the order is not worried. But with the price of polyester continuously high, and the price of the downstream surface material has not been adjusted, the cost of the middle reaches of spinning has increased, and the yarn price has not risen.

Viscose yarn: viscose staple fiber prices are still at a high level of 12800 yuan / ton, so that many manufacturers of viscose yarn and blending manufacturers are a bit afraid to go forward.

According to feedback, the large viscose yarn production line of a factory in Hebei is now under the down stage. On the one hand, the frequency of downstream orders is decreasing; on the one hand, textile enterprises are afraid to purchase raw materials at the present price; the purpose is to reduce risks.