The Decrease Of Cotton Length Index In Xinjiang
Affected by the slow recovery of the global economy and the high inventory of cotton, the domestic cotton market continued to slack.
According to public data, the supply and marketing cooperative system cotton purchased 67 billion 40 million yuan, down 22.9% compared with the same period last year.
Sales of 113 billion 790 million yuan, down 12.4% over the same period last year.
By the end of August this year, the new cotton picking in southern Xinjiang had begun sporadically, and entered the September. Due to the decline of cotton production per unit area in Xinjiang in the new year, farmers were reluctant to sell. Xinjiang processing enterprises were also cautious in purchasing, picking and purchasing slowly.
Especially after entering October, although the picking progress of new cotton has been accelerated, due to the reluctant sale of farmers and processing factories concerned about the risk of acquisition, the progress of farmers' settlement has been delayed again.
"According to past rules, it is expected that most of the northern Xinjiang will be harvested by the end of October, and the northern Xinjiang will be fully picked up in the middle of November, and the southern Xinjiang will also be picked up in mid November.
Generally speaking, due to factors such as reluctant sale, the completion of processing may be in late November to early December, and the overall picking rhythm will be postponed.
Yang Zhijiang, general manager of Shanghai Business Department of China Merchants futures, said in an interview with reporters.
In addition, cotton prices have weakened in recent years.
cotton
Planting area has decreased.
Yang Zhijiang believes that the new cotton production in 2015 is expected to be between 3 million 800 thousand tons and -400 million tons, representing a reduction of 15% in the previous year's 4 million 500 thousand tons.
The mainland's output in the new year is 1 million tons -120 million tons, representing a reduction of about 45% tons in the previous year, and the domestic output in the new year is expected to be 4 million 800 thousand tons -520 million tons, with a median value of 5 million tons, representing a reduction of 23% tons compared with 6 million 500 thousand tons in the previous year.
Meanwhile, according to the public security inspection data of the Bureau, as of October 12th, the cotton weighted length index had been reduced by 1mm compared with the same period last year. The proportion of cotton less than 28mm was 59%, compared with 14% in the same period last year.
The proportion of horse value B2 gear dropped by 31 percentage points, and C2 of cotton was more than 70%.
From the aspect of fracture strength, the proportion of cotton above S2 dropped from nearly 50% last year to 30%.
In this regard,
Yang Zhijiang
He said that due to the high temperature which lasted for nearly 20 days from July 20th to August 10th this year, the considerable area of cotton had stagnant growth, peaches and even premature senescence, which affected the yield and quality of cotton. In late September, Xinjiang suddenly entered a big cooling mode.
Therefore, the internal quality of Xinjiang cotton is seriously affected, with short length and high horse value, which will affect the purchasing demand of domestic textile enterprises for high count yarn raw materials.
"Because the cotton length in the new year is generally low, the proportion below 28mm occupies a large proportion, which affects the spinning of high count yarn (such as 40 or more) in textile enterprises. The high spinning enterprises basically do not purchase cotton less than 28mm, but this does not affect the purchase requirements of low count yarn and air spinning.
At the same time, if the quota quota of imported cotton is not allowed in China, the new cotton length in China is generally shorter.
Chen cotton
Or we must improve the technology to adapt to this situation. "
Purchasing manager of a yarn factory in Guangzhou said in an interview with reporters.
Earlier, cotton growers told reporters that this year cotton will form a double declining pattern of "production and quality reduction", which seems to be right now.
In addition, although cotton farmers in Xinjiang have subsidies to ensure profits, the cotton farmers in the mainland are confused about the recent market.
Although there are subsidies in the mainland this year, there is still no clear information on how to make up and supplement.
Under such circumstances, most cotton farmers in the mainland are afraid to sell new cotton.
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