Xinjiang Cotton Spot Market Is Generally Optimistic About Rising Prices.

At present, there is a slight increase in the spot sale market of Hebei's Xinjiang warehouse, especially the better quality lint is more favored by the textile enterprises, and the spot sales speed is quickening. Most textile enterprises expect the new cotton to be listed as soon as possible.

Enterprises in Xinjiang and Xinjiang went to factories one after another, and some enterprises began to buy seed cotton.

On 9 15, local Xinjiang hand picking cotton quality general 3128 class selling price is 13700-13800 yuan / ton (weigh gross carry the ticket price), the better quality is quoted at 14000 yuan / ton.

The 3128 class sales price of the machine picked cotton is 12600-12800 yuan / ton (the original price is raised separately), which is 100-200 yuan / ton higher than that of the same period last week.

Affected by the increase in spot prices, most of the recent majority

Began to go to Xinjiang for seed cotton acquisition work, some people in the industry think: initial seed cotton acquisition is difficult, but the deadlock is expected to gradually ease in the autumn of October, the first is that the cotton farmers do not approve of the current purchase price, but the direct subsidy policy stipulates that the cotton seed farmers subsidy statistics will be closed in January 31, 2016, and the seed cotton will not be subsidized after the deadline.

according to the analysis

The main reasons for the rise in spot prices are:

One is the present.

In most of the cotton industry, most cotton enterprises are late because of the difficulty in operation and even late in the scale. Even though the cotton enterprises that started earlier, they were not recognized because of the cotton farmers' purchase price for the current seed cotton and cotton. They had a rather serious mentality of selling the seeds, the number of seed cotton acquisitions was small, the time of new cotton listing was postponed, the market resources were scarce and relatively single, and the limited resources in the market were limited to stimulate the spot market to rise.

Two, last week, Zheng cotton futures rose to boost the spot market.

Last week, the CF601 contract futures price reached a maximum price of 12640 yuan / ton, especially the maximum price of delivery month contract reached 12590 yuan / ton, and the closing price of 12455 yuan / ton was 12590 yuan higher than that of the previous week.

Affected by the shortage of resources in the spot market, some textile enterprises continued to buy lint from the futures market. Last week, the number of warehouse receipts for Zheng cotton futures was canceled by 41.

Three, the quotations from outside cotton to Hong Kong are relatively high, and the quality of cotton purchased from the State Cotton store market is difficult to meet the demand of cotton textile enterprises. Therefore, the supply of Xinjiang cotton with better quality in the market is relatively tight, and the quotation is raised.

It is estimated that this year's cotton growers with larger planting area may continue to carry out sales work in the way of "consignment" last year, that is to say, they will first purchase seed cotton plants and settle them at the highest price within the agreed time, so most of the cotton enterprises have already arranged the work before purchasing.

The two is the opening of the first batch of online warehousing reservations for Xinjiang cotton professional supervision warehouse at 12:00 on September 15th. It will meet the needs of the cotton processing enterprises' processing of lint warehousing.

Three, at present, textile enterprises have high demand for high quality lint. In addition, the spot market of Xinjiang cotton has been raised in recent years, which has stimulated cotton industry and industry to actively scale.