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    Cotton Market: This Year'S Acquisition Situation Is Relatively Complex.

    2015/9/10 20:22:00 21

    CottonAcquisitionMarket Quotation

    It is about to enter the middle of September.

    Xinjiang

    Cotton picking is already in the firing line.

    Machine picked cotton

    Sprays have been sprayed, and hand picked cotton pickup workers have been put in place.

    Compared with previous years, this year's acquisition situation is relatively complex, there is a big divergence in the price of opening up, the situation needs to be clear.

    At the end of August, the cotton futures market in Zhengzhou mainly fluctuated around 12400 yuan / ton, and the fluctuation point in September rose to 12500 yuan / ton.

    According to the insiders, at present, the inventory of textile enterprises is at a low level. Under the condition of "golden nine silver ten", if the consumption demand is better, enterprises will increase procurement so as to promote spot price stability so as to raise the purchase price. The purchase price can reach 6 yuan per kilogram or can be expected.

    However, if

    consumer demand

    Keep up with the remaining commercial inventories in the previous year at a high level, and the ginning mill started from a prudent angle or bought the price below 5.5 yuan / kg.

    At present, a handful of cotton ginning plants in Xinjiang are "showing up" purchase prices. The low hand picking cotton has 5.2-5.3 yuan / kg, while the high ones have 5.7 or even 6 yuan / kg; the machine picked cotton is low at about 4.8 yuan / kg, while the high level is 5.2-5.3 or even 5.5 yuan / kg.

    Most cotton growers and ginning plants are in wait-and-see condition.

    Related links:

    The cotton industry is not all bad news, especially the opening of the RMB depreciation window. This change is undoubtedly good for the textile and garment industry with relatively high dependence on exports.

    Li Li analysis, take China's export cotton yarn as an example, according to the depreciation rate of 1.86%, the export cotton yarn price can be reduced by 590 yuan per ton, which will enhance the bargaining power of export products, enhance international competitiveness and help restore the export market share.

    At present, the supply of cotton resources in the world is decreasing, such as the continuous decline of cotton planting area in the United States, and the cotton planting area and output in China have also declined.

    It is expected that this will push the overall profit margin of Khmer products.

    Zhu Rong, director of the Research Institute of industrial economics of the cotton industry system, believes that the continuous shrinking of cotton growing areas in the mainland has become an inevitable trend and is difficult to reverse in a short time.

    But with the continuous progress of domestic cotton going stock process and the integration of domestic and foreign cotton prices, the domestic cotton will still have its own demand space in the future.

    Li Li analysis, from the domestic market, new cotton began to appear on the market, the market is not short of cotton.

    At present, textile enterprises basically use their products to buy goods and have low enthusiasm for stocking.

    The reduction of cotton price fluctuation interval is a good phenomenon for processing enterprises and downstream textile enterprises, and they can obtain stable operating profits.

    However, imported yarn takes up some market share, and it still takes time for downstream demand to pick up.


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