Today'S Xinjiang Cotton Competition Sells 6778 Tons Of Resources.

The national cotton exchange market is scheduled for sale in June 11th. Xinjiang cotton sells 6777.882 tons of resources, including 5012.433 tons of resources in the Xinjiang reservoir area (4582.416 tons of hand picked cotton and 13050 yuan per ton).

430.017, the lowest quotation is 12200 yuan / ton.

Resources 1765.449 tons (hand picking cotton 1722.637 tons, the lowest

13200 yuan / ton, 42.812 tons of machine picked cotton, and the lowest price is 12600 yuan / ton.

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In June 10th, the price of 137 grade long staple cotton produced by a cotton enterprise in southern Awati, Akesu province was 27800 yuan / ton (public inspection, including tax), and 237 grade 26700 yuan / ton, compared with last week, it dropped 200 yuan / ton, 300 yuan / ton.

This is the first time in this year that long staple cotton has dropped sharply after nearly 7 months' rise.

In fact, the reduction of long staple cotton prices is not a case in this cotton business.

On the same day, a cotton enterprise in Akesu also sharply lowered the factory price quotations for long staple cotton, and the head of the enterprise said that their enterprises processed 4700 tons of long staple cotton in 2014, and now they sell 3350 tons and the remaining 1350 tons.

In terms of sales progress, this is a medium level in local cotton enterprises, but in the first half of June, there was only one paction in ten days, with a quantity of 90 tons.

Enterprises believe that if this continues, long staple cotton is likely to fall into the hands.

In view of this, many cotton enterprises and cotton producers are continuing to cut down the price of long staple cotton to promote sales.

A person from Xinjiang market said that "fear" comes from the planting and growth of new cotton this year.

Up to now, Xinjiang cotton seedling has been mostly 20-30 centimeters, especially early sowing people even reached 40 centimeters, entered the sixth, seventh true leaf stage, bud 2-3 / plant, individual reached 4, 5 / plants, the overall growth is better than last year's average level.

Some long staple cotton growers even optimistic that this year's output is expected to exceed 350 kg / mu, up 12-15% compared with 2014.

Such a good growth, but most of the "hoarding" people panic.

According to the market participants, the output of Xinjiang's long staple cotton in 2015 increased by 30-35% compared with last year, reaching a record production of 100 thousand tons.

China's annual total consumption of long staple cotton is only 7.5-8.0 million tons, so that the output and demand of China's long staple cotton will be completely "subverted".

In the next year, will the long staple cotton turn head down quickly if supply and demand are loose?

In fact, the trend of long staple cotton has been reflected recently.

In June 9th, a mainland cotton trader said that the long staple cotton in warehouses in Ji'nan, Weifang and other places in Shandong these days had not been recorded for many days. At present, nearly 2500 tons of long staple cotton stocks have been sold to anyone.

In the early morning of June 10th, he cut the price by 200 yuan / ton, of which 137 grade Corps produced long staple cotton and offered 28400 yuan / ton, 237 class 27300 yuan / ton, 337 grade 26200 yuan / ton.

He thinks that the whole operation of long staple cotton this year is "lifting a rock to hit one's own foot".

First, in the rising cotton price period, especially in 2, 3 and April this year, "only hoarding does not sell" let him miss the opportunity to sell.

Two, the early price rise has also made him lose many customers.

Now he sells staple cotton, which is "no rain, no relentless".