What Do Textile Enterprises Think Of The New Cotton Market?

In recent years, the price difference between domestic and low-grade cotton yarn is widening with the foreign price difference.

At present, the middle and low grade cotton yarn is 3000-5000 yuan / ton higher than that of foreign countries, and the domestic weaving factory is more inclined to use imported yarn with higher cost performance.

The upgrading and pformation of domestic textile enterprises and the low price of imported cotton are lower than the domestic cotton prices. Most textile enterprises are not optimistic about the sale of cotton in the mainland this year, and prices may also fall further on the basis of current prices.

This is the mainstream of domestic cotton market sales and purchase.

Early Xinjiang cotton length and horse value are not satisfactory, divided into local and corps cotton view.

It is far below market expectations from the purchase of local cotton and textile enterprises by local cotton enterprises.

In terms of length, the average length of fine staple cotton in the South Xinjiang is slightly lower than 27mm, and the length of 28mm is less than 1/3 of the total output in the southern Xinjiang. The length of the North Xinjiang velvet is slightly better than that of the southern Xinjiang, with an average of about 28mm.

In terms of horse value, whether in southern Xinjiang or northern Xinjiang, it is generally high and difficult to spin high count yarns.

Corps cotton:

Generally speaking, the quality of BINGTUAN Cotton is relatively stable, and the quality indicators basically conform to the cotton target, which can be relatively safe and reassuring.

The total cotton production in most of the cotton growing areas in the mainland has been reduced this year. The quality of cotton in some provinces and cities such as Shandong, Hubei, Henan, Anhui, Shaanxi and other places is fairly good, with a length of about 28mm. The color level is generally between white cotton and light spotted cotton, and is mainly made of spotted cotton, but the C2 value is high.

At present, the mainland cotton can only spin out 32 cotton yarn below the combing, which has little attraction for textile enterprises.

Related links:

This month, new flowers are listed on the market, and the quality is lower than expected.

Domestic cotton prices dropped slightly. As of 21 days, the domestic 3128B cotton price index dropped by 0.2% compared with the beginning of the month, and the cotton price rose 4.6% outside the grade. The difference between the inside and outside cotton prices was narrowed to 1400 yuan / ton after the 1% tariff was cut on the same day.

According to China's cotton notarization inspection data at the end of September 2015, cotton in Xinjiang accounted for 27.46% of the total 28mm and above, 93.07% in the same period last year, and 13.93% in cotton with B2 value in the same period last year, accounting for 99.11% in the same period last year.

This year, the quality of cotton in Xinjiang has declined: first, the continuous high temperature in the southern Xinjiang has affected cotton growth; two, the current target price reform subsidy is mainly based on weight, while cotton farmers pay more attention to cotton production and neglect cotton spinnability.

According to customs data, China imported 1 million 160 thousand tons of cotton in 1-9 months, a decrease of 42% over the same period last year.

The national development and Reform Commission announced that the import quota was 894 thousand tons in 2016. Its Chinese trade was 33%, the quota number was flat compared to 2015, and the supply of high quality and low cost imported cotton was still less.

Research has learned that enterprises in order to avoid possible structural contradictions in cotton resources, increased the purchase of double "28" and more cotton, resulting in the sale of high-grade cotton sales, not only the price is strong, even Chen cotton also favored.

Tracking data show that in September, the purchase of raw cotton increased by 3.2%, including imports of cotton increased by 22.9% and inventories decreased by 3%.

Due to the reduction of cotton suitable for spinning and high count yarn, the price of new flower is declining, sales are slow, and the cotton price difference has narrowed, but the future trend is still uncertain.