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    Cotton Sales Continue To Slow Down.

    2015/9/1 21:16:00 17

    CottonSales And Market Quotation

    According to the national cotton market monitoring system, the survey data of 2290 households in 85 counties and 13 provinces and cities showed that as of August 28, 2015, the new cotton picking sale in China had basically ended.

    According to the estimated 6 million 621 thousand tons of cotton production in China (the national cotton market monitoring system forecast in March 2015), during the period of -28 August 24th, the national processing of lint 0 tons, and the sale of lint 54 thousand tons, of which 22 thousand tons in the mainland and 32 thousand tons in Xinjiang.

    As of August 28th, the total number of processing lint 6 million 473 thousand tons in the country decreased by 395 thousand tons compared with the same period last year, which is 623 thousand tons less than that in the past four years, of which 4 million 309 thousand tons of Xinjiang lint and mainland processing are processed.

    lint

    2 million 164 thousand tons; accumulative sales of 5 million 886 thousand tons of lint, a decrease of 772 thousand tons compared with the same period last year, a decrease of 961 thousand tons over the normal years of the past four years, of which 3 million 767 thousand tons of lint were sold in Xinjiang and 2 million 119 thousand tons for lint in the mainland.

    According to 89 large and medium-sized enterprises

    cotton

    According to the survey of processing enterprises, as of August 28th, the enterprises surveyed had purchased 6 million 397 thousand tons of seed cotton, 2 million 465 thousand tons of lint cotton, 38.53% average lint percentage of seed cotton, an average length of 28.37 millimeters, an average moisture regain rate of 10.42%, and an average impurity rate of 1.86%.

    It is assumed that the national processing rate of [1] is 99.3%, down 0.3 percentage points from the same period, and 0.1 percentage points in the normal years of the past four years.

    Xinjiang

    The processing rate was 100%, unchanged from the same period last year. The national sales rate of [2] was 90.1%, down 6.4 percentage points from the same period last year, slowing down 5.7 percentage points over the normal years of the past four years, of which the sales rate in Xinjiang was 87.2%, down 12.8 percentage points from the same period.

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    There are three main reasons for the continuous decline in cotton prices: first, the high inventory pressure remains unchanged, and the turnover of cotton reserves is light.

    Xia Ting said that at present, there are still tens of millions of tons of reserve cotton in the national reserve. However, due to weak demand and the competition from imported cotton, the reserve cotton has been in an awkward situation of indigestion.

    In early July of this year, cotton mills began to work, but the turnover was light.

    Last week, the plan planned to sell 254 thousand and 300 tons of cotton reserves, and the actual turnover was 7 thousand and 700 tons, an increase of 1 thousand and 600 tons compared with the previous week, with a turnover rate of 3.03%, up 0.64%.

    But the turnover is still very small, which means little to the market.

    Two, demand side improvement is weak, and textile enterprises are short of funds.

    Xia Ting said that the improvement of downstream consumption is still weak. Recently, textile industry is still in the off-season, and there are not many orders in autumn.

    Yarn factory sales are still not optimistic, inventory pressure is high, tight funds, business has not improved significantly, cotton consumption decreased.

    The number of blended products increased, and the consumption of non cotton fibers increased.

    Three, Southeast Asia seized the market and textile exports declined.

    Xia Ting told reporters that the export situation of textiles was not good. In July 2015, the export volume of textiles and clothing was 27 billion 254 million US dollars, an increase of 7.52% over the same period, down 10.19% from the same period last year.

    Textile exports amounted to US $9 billion 515 million, down 5.86% compared to the same period last year, and clothing exports amounted to US $17 billion 739 million, down 12.36% from the same period last year.

    In the first half of this year, China's textile and clothing exports decreased by 2.91% over the same period last year.

    Southeast Asia and other countries continue to occupy China's textile market with their cost advantages, which in turn affect China's demand for cotton.


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