New Cotton Came Into Focus In September, Xinjiang Attaches Great Importance To Cotton Quality

With new cotton in September

Near,

Cotton has once again become the focus of domestic cotton market.

Recently, warehousing of Xinjiang enterprises and the mainland,

According to the understanding of enterprise docking activities, although the early sale of machine picked cotton is not smooth, there is not much left in Xinjiang's 2014/2015 cotton production in the new year.

Quality will be improved, and time to market is expected to advance.

"Cotton sales progress in Xinjiang is lagging behind in 2014/2015, mainly due to overpriced pre pricing."

Zhang Wenmin, general manager of Wanda futures cotton business division, said the mainland textile enterprises preferred cotton with low price when purchasing cotton, usually using relatively low price real estate cotton.

Of course, the three grade hand picked cotton in Xinjiang cotton has great advantage in quality, and the sales progress will be very fast.

However, Xinjiang's machine picked cotton was dragged down by overpriced pricing. After the second half of last year, it was sluggish in sales, and some cotton enterprises in Xinjiang were also affected.

Until March of this year, Xinjiang cotton had a compromise in terms of price, and with the implementation of the "big single purchase" mode, the cotton sales situation gradually improved.

"Downstream cotton demand is actually good, but high prices are deterring downstream companies."

A warehouse company official said, with the new cotton picking in September, the price of commodity cotton that is eager to leave the warehouse is loose, and sales progress has been greatly accelerated.

It is understood that there is not much left in Xinjiang's cotton production in 2014/2015.

Tian Xiping, deputy director of cotton and linseed company, the sixth division of the Xinjiang production and Construction Corps, said that the lint output of the division was about 119 thousand tons last year, and has basically been sold.

It is also understood that last year, the Xinjiang cotton bromine cotton Limited by Share Ltd, whose output of cotton was about 205 thousand tons, now has 4000 to 5000 tons of cotton and is expected to be sold out before 20 this month.

Affected by the slump of cotton prices last year, the cotton planting area in the mainland has dropped by more than 30% this year. Some cotton producing areas in Xinjiang have also adjusted the planting structure this year.

Cotton storage data showed that Xinjiang's cotton planting area decreased by 10% - 15% this year.

According to the press, the sixth division of the Corps has increased the planting proportion of other economic crops such as melon and safflower this year, and the cotton planting area has been reduced to 700 thousand mu. This year, cotton production is expected to decrease sharply and maintain at 70 thousand to 80 thousand tons. The seventh division of the Corps is 1 million 300 thousand mu of cotton planting area this year, and it is expected that cotton production will be flat last year, about 200 thousand tons.

Xinjiang production and Construction Corps official said that compared with last year, the weather is more suitable for cotton growth this year.

According to the briefing, this year's regiment is confident that this year's cotton quality will be full of confidence by upgrading cotton quality and reducing foreign fiber content through unified cotton seeds, sparse planting and direct picking.

In addition, Xinjiang cotton direct subsidy policy requires unified storage and public inspection this year is also likely to be completed ahead of schedule. It is expected that the listing time of lint will be earlier than last year.

Overall, the decline of cotton planting area in China is a foregone conclusion this year. The weather in the coming period will become an important factor affecting cotton production.

Yang Zhijiang, general manager of Shanghai Business Department of China Merchants futures, said that the impact of recent rainy weather on cotton quality and output is still difficult to ascertain, but the price of cotton in the mainland will still depend on the color of Xinjiang cotton.

If there is no abnormal weather affecting cotton yield in the late part of Xinjiang, it can be said that high yield is in sight. This year, Xinjiang pays special attention to the quality of cotton, and the price of new cotton should also reflect the "premium" of quality.

In addition, due to the fact that the subsidy for 2014 is not yet fully in place, if seed cotton prices are too low in the new year, it may lead to low prices.

Reluctant to sell.