New Cotton Quality Poor Cotton Market Polarization
Affected by the general decline of cotton quality, the domestic cotton market has shown signs of polarization, that is, the supply of high quality cotton is tight, prices are rising continuously, and low quality cotton stocks are backlog and prices continue to fall.
"Domestic cotton
quality
In recent two years, the output of cotton has decreased continuously, and the quality of cotton has declined more than last year. It is estimated that textile enterprises should increase the purchase of high-quality imported cotton this year.
Yang Zhijiang said that in the last cotton year, the number of imported cotton in China was about 1 million 700 thousand tons, mainly used by cotton mills as cotton blending.
Issuance of import quotas
More stringent, but it is estimated that the number of textile enterprises to purchase high-quality imported cotton will not decline.
At present, the new domestic "double 28" lint Xinjiang producing area has a price of 13000 yuan / ton, and the poor quality is 12500 yuan / ton, and the trend of widening price difference between them is more obvious.
According to the data released by China cotton information network, as at the end of September, the cotton length of 26 millimeters was 18.5%, 27 millimeters accounted for 52.48%, 28 millimeters accounted for 25.27%, 29 millimeters accounted for 2.74%, and most of the cotton tested last year were 28 millimeters, accounting for 52.48%.
Overall, the cotton length index declined significantly this year, and the proportion of cotton with stronger strength decreased, and the horse value was better than that of the same period last year.
"Because of
New seed cotton
The quality is not good, the market purchase price is higher and lower, but many ginning mills still dare not buy freely. The main worry is that there is no need to produce lint. "
Liu Shuang said that the lowest purchase price of hand picked cotton seed in some parts of Southern Xinjiang has dropped to 5.3 yuan / kg, while the price of hand picked cotton in Northern Xinjiang is 5.8 yuan / kg.
It is also understood that the purchase price of machine picked cotton in Xinjiang is between 4.6 yuan and 4.7 yuan per kilogram.
In the market interview, the reporters found that the purchase price of seed cotton in the mainland and Xinjiang was lower than that of last year. This year, the high temperature of cotton growing earlier this year and the low temperature at the late growth stage caused the cotton yield to drop. At present, many cotton farmers are reluctant to sell. This year's cotton farmers' final income is not optimistic.
At the same time, because the quality of newly produced lint is generally not up to the procurement standard of textile enterprises, many textile enterprises are worried about not finding the right raw materials for production, and worry that the high quality cotton prices will continue to rise in the later stage.
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