Domestic Cotton Market Demand Is Particularly Cold.

Compared with the hot takeover of the new seed cotton market, the demand for cotton market in China is particularly cold.

Sun Tao said that in the middle and last 9 months of last year, the enthusiasm of the mainland textile enterprises to purchase Xinjiang cotton was very high, and the settlement price to the factory was also more cost-effective. At that time, a large number of Xinjiang cotton arrived in the mainland market by truck, and only 1100 yuan / ton of freight was pported to some parts of the country. However, it still did not affect the enthusiasm of the mainland textile enterprises to purchase Xinjiang cotton.

Reporters and industry insiders learned that due to the recent fluctuation of global currency exchange rate, the desire of domestic textile enterprises to accept long-term orders is not strong, and the Canton Fair will soon be held. Many textile enterprises want to know more about the market development trend, and also affect the sales of domestic cotton, especially Xinjiang cotton in the short term.

"From the analysis of Xinjiang's cotton shipments this year, the external pport volume since September is much less than that of last year, and the demand for Xinjiang's cotton outbound pportation has dropped to a lower level in recent years."

In Sun Tao's view, the poor economic environment and the backlog of the textile enterprises in the mainland, together with the difficulties of cash flow in many textile enterprises, have led to a decline in the number of cotton sales in Xinjiang.

However, there are still many large textile enterprises in the mainland that are in good condition, and the cotton production situation in Xinjiang has been investigated in early September.

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When interviewed some large logistics companies and cotton storage enterprises, reporters found that the quantity of available cotton sold to the mainland in Xinjiang is not large. First of all, many national cotton stores have been sold or moved to the warehouse. Secondly, the number of trade cotton is very small, and a small number of stocks are also not available for traders to deliver. Finally, the amount of new cotton listed is less than that of last year, and the quotation is more chaotic.

The above factors cause the current Xinjiang cotton market.

It looks rather sluggish.

"Because of the decline in cotton production and quality in Xinjiang this year, the shortage of domestic cotton production needs to be basically determined this year."

Zhang Wenmin believes that excluding the impact of the sale of state cotton and cotton, if the quantity of imported cotton is similar to that of last year, the market structure of domestic cotton market will change significantly in the future, and a new market pattern will be formed.

Reporters in Xinjiang Jinghe county and the main cotton producing areas in the Shandong, Hebei and Hubei and other places, found that in recent years, the main planting area of cotton production declined rapidly, and corn and other less investment and less labor crops are constantly crowding out cotton planting area. In the future, the shortage of cotton market in China will need to be normal, and the current pattern of oversupply of cotton market will be improved.

China Merchants Futures

Senior analyst Yang Zhijiang believes that domestic cotton market demand has not yet started, and the market is in the turning point of demand warming.

First, after the domestic cotton prices continue to decline, the price advantage of imported cotton will be weakened, and the demand for domestic cotton will gradually pick up. Two, the reorganization and layout of the textile industry has not yet been completed. Textile enterprises need a recovery time for domestic cotton purchase demand; three, the number of cotton substitution is decreasing, and the increase in cotton demand is worth looking forward to.