The Divergence Between Cotton Enterprises, Cotton Enterprises And Middlemen Is Bigger.
On the 1-2 th July, the inquiry and paction of Xinjiang cotton were almost at a standstill. On the one hand, 1128 (1129) and 2128 (2129) of high-grade cotton were mostly sold to the mainland for sale. Within the territory, they were supervised by 3128, 3228, 4128, 4228 and so on. They were basically picked up by the cotton mills and middlemen for the remaining low grade cotton, and on the other hand, since late June.
Intra cotton enterprises
Most of the financial pressure is very prominent. We should speed up the sale of Kapi cotton in the sales area. Considering the difference between the inside and outside cotton reaches 400-500 yuan / ton, in order to reduce losses, cotton enterprises still tend to move to the mainland for sale.
July 2nd
Southern Xinjiang
Library 2128 level
Hand picking cotton
Gross weight pick up price 13200-13400 yuan / ton, 3128 class cotton picking price 12400-12600 yuan / ton.
Some processing enterprises said that the remaining cotton lint in the first half of July will be dominated by machine picked cotton and low-grade cotton. Once the state starts the "wheel storage", the difficulties in sales will be very prominent.
According to the cotton prices in Akesu, Korla and other places in southern Xinjiang, it is expected that before July 10th or after the implementation of 1 million tons of "round storage", coupled with the C40S and above high count yarn, combed yarn orders showed a weak downward trend, the mainland cotton textile enterprises, operators of high-grade Southern Xinjiang cotton picking inquiry, picking up significantly slowed down, some textile enterprises in the early signing of the procurement contract has been slow to implement, and some have signed 10 batches of cotton, only 1-2 batches to meet nearly 1 weeks of production.
For the domestic cotton price trend after the delivery of cotton reserves, cotton enterprises, cotton producers and middlemen are more divided.
Although the "round store" price of imported cotton and imported cotton in 2012 reached 14200 yuan / ton and 15500 yuan / ton respectively, it was good for Xinjiang cotton, but considering the huge pressure of 1 million tons in 7-9 months, the domestic cotton resources will explosively increase. At present, 50-60 million tons of high-grade Xinjiang cotton need to be digested, and about 200000 tons of cotton outside the port are "covetous". Therefore, the hope or disillusionment of spot rise is.
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The national cotton exchange market is scheduled for sale in July 3rd. Xinjiang cotton sells 6089.711 tons of resources, including 4016.567 tons of resources in the Xinjiang reservoir area (3930.548 tons of hand picked cotton, 13050 yuan / ton from the lowest price, 86.019 tons of machine picked cotton and 12300 yuan / ton from the lowest price).
The inland reservoir area has 2073.144 tonnes of resources, with a minimum price of 13200 yuan / ton.
On the same day, more than 28 resources (fracture strength 28+, average length 28+) 2110.39 tons (Xinjiang library accounted for 1068.5 tons, inland library accounted for 1041.89 tons), the lowest offer 13200 yuan / ton, all hand picked cotton.
It is also understood that several batches of special pick cotton (price or around 12500) will be hung out of the system after 14:30. Dealers with needs can check in.
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