Xinjiang Cotton Is Once Again The Focus Of Domestic Cotton Market.

It is understood that there is not much left in Xinjiang's cotton production in 2014/2015. Tian Xiping, deputy director of the cotton and linseed company of the sixth division of the Xinjiang production and Construction Corps, told reporters that the lint output of the division was about 119 thousand tons last year. 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.

In the recent discussions between Xinjiang enterprises and warehousing and textile enterprises in the mainland, the futures Daily reporter learned that although the early sale of machine picked cotton was not smooth, there was little left for cotton production in Xinjiang area in 2014/2015. The quality of cotton in the new year will be improved and the time to market is expected to be ahead of schedule.

"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, told reporters that 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 in Xinjiang cotton. Hand picking cotton Because of its superior quality, sales progress will be very fast. However, Xinjiang's machine picked cotton was dragged down by overpriced pricing, and it was sluggish after listing in the second half of last year. Xinjiang Part of the cotton business has also been 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 warehousing enterprise official told reporters that with the September cotton picking approaching, the price of commodity cotton that was eager to leave the warehouse was loose, and sales progress was greatly accelerated.

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 adopted unified cotton seeds and sparse planting. Pick Direct baling and other ways to enhance the quality of cotton and reduce the content of foreign fiber, so they are confident of the quality of cotton this year. 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.

Yang Zhijiang, general manager of Shanghai Business Department of China Merchants futures, told reporters that the impact of recent rainy weather on cotton quality and output is still hard to ascertain, but the price of cotton in the mainland still depends 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, because the subsidy in 2014 is not yet fully in place, if the price of seed cotton is too low in the new year, it may lead to a reluctant sale of cotton farmers.