Today, Xinjiang Cotton Auction To Launch 6739 Tons Of Resources

The national cotton exchange market is scheduled for sale in June 10th. Xinjiang cotton sells 6739.87 tons of resources.

The reservoir area has 5239.32 tons of resources (4767.032 tons of hand picked cotton, 13050 yuan / ton from the lowest, 472.268 of machine picked cotton, and 12200 yuan / ton from the lowest price).

1500.55 tonnes of resources in the inland reservoir area.

The minimum price of 1457.738 tons is 13500 yuan / ton.

42.812 tons, minimum price 12600 yuan / ton.

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On the 9 day, an enterprise in Cangzhou, Hebei, reflected that the recent cotton market in Hebei was down again.

On the same day, the factory's large package of 4128 spot ex factory price was 12450 yuan / ton, which has voluntarily reduced 50 yuan / ton.

Since the beginning of this month, the factory has lowered its price for the second time and accumulated a total reduction of 150 yuan / ton.

This is not an example.

On the 7-9 th of June, the lint spot in Hengshui, Baoding, Shijiazhuang and other places fell down.

On the same day, Hengshui local cotton bales 4128 class, 2227 factory prices were 12400-12500 yuan / ton, 12200-12300 yuan / ton, compared with last Friday fell 50-100 yuan / ton.

The main factory price of small cotton is 12000-12400 yuan / ton, down 100 yuan / ton compared with last Friday.

Talking about the reasons for the reduction, most enterprises reflect such a few things: first, the market is quiet, and the people are in a panic.

The head of a Hengshui 400 type enterprise said that their factory has only 47 tons left in stock, but it is the 47 tons, no matter how hard their factories are, they are unable to sell. Their factories are worried that the cotton will not sell at the end of the year.

The author understands that the whole Hebei market is quiet in the near future, but the shipping psychology of every company is increasing.

Second, the pace of "invasion" has accelerated.

According to feedback from some 400 types of cotton ginning mills, the market share of Hebei's outer cotton has increased significantly in recent years.

On the 9 day, the US cotton M 1-1/8 price in Hebei area was quoted at 15100-15300 yuan / ton, and the quality of the individual grade SM cotton was quoted at 15700 yuan / ton, the mainstream quotation was stable and the sales resumed in the near future.

India cotton new flower S-6 1-5/32 yuan quoted 13600-13700 yuan / ton, cotton price center of gravity rose slightly, the recent India cotton clearance quantity sporadic, spot trading is relatively stable.

Port traders feedback that the main cotton stocks in the near future have risen to more than 30 tons, bringing great pressure to domestic cotton.

Third, Xinjiang cotton increased in quantity.

Some textile enterprises and cotton enterprises believe that since mid May, the number of cotton picker and machine picked cotton entering Xinjiang in Hebei has reached 20-25 tons, creating the highest record this year.

It is not only large but also low in price.

9, Cangzhou, Hengshui, Shijiazhuang and other markets Xinjiang cotton grade 3128 and 2128 were 13500-13600 yuan / ton, 13800-14000 yuan / ton, compared with last Friday fell 100 yuan / ton line.

"The market quotation is also somewhat confusing."

9, a market source said that as of now, Hebei's new cotton has been generally extended to 20-30 centimeters. Due to the drought and sunshine, the growth of the plant is better.

Generally speaking, cotton growers generally think that the yield per unit area will increase by 10%-12% compared with that in 2014. The best plot yield is expected to reach 650-700 Jin / mu.

Therefore, some cotton growers have a higher expectation of the price of seed cotton this year. Generally speaking, 4 yuan yuan / Jin is more suitable, but because of the depressed market, many pessimistic people think that this year's scale will be 3 yuan / Jin.

Psychological confusion brings confusion of spot quotes.