The Quality Of Xinjiang Cotton Will Rise Sharply, Or The Price Of High Quality Cotton Will Move Up Or Down.
After "silver ten", the finished product inventory of textile enterprises in Jiangsu and Zhejiang provinces continued to rise, and raw material inventories declined.
In November 4th,
Jiangsu
The price of 32 and 40 branches of a factory in Yancheng is 19600 yuan / ton and 22100 yuan / ton respectively, compared with 100 yuan / ton last week. The price of combing 32 and 40 is 23100 yuan / ton, 24700 yuan / ton, and the price keeps stable.
Since October this year, enterprise orders have been dominated by old customers, with almost no new orders, and finished product inventory has increased to 21 days, while raw material inventory has been reduced to about 13 days.
The person in charge of the plant said that they have adjusted their cotton structure in the near future.
Xinjiang
Cotton consumption was raised to 85%, and the remaining 15% were cotton and Central Asian cotton.
"There are several reasons that have to be adjusted."
The person in charge explained.
First, the quota in 2015 has been used up. It is estimated that there will be no other quotas except for 894 thousand tons and 1% tariffs in 2016.
If there is no quota, the cost of 40% tariffs will be too high.
Second Xinjiang cotton is on the rise.
Since late October, the quality of Xinjiang cotton has improved significantly.
Their factory recently signed 600 tons, all 3128B class, to the factory price (shipped to Yancheng, Jiangsu) for 13400 yuan / ton.
"We have been worried about the shortage of Xinjiang cotton for a long time. Now it seems that there is no need to worry at all."
The person in charge said.
It is understood that since 2015, the textile enterprises in Jiangsu and Zhejiang provinces have gradually showed a single character of cotton: the proportion of outer cotton has decreased to varying degrees, while the proportion of domestic cotton has increased significantly.
Customs data show that 1-9 months to import
cotton
1 million 160 thousand tons, down 42% from the same period last year.
The market expects that China's cotton imports will fall to 1 million 250 thousand tons in 2015/16, the lowest level since 2013.
The heavily reduced cotton supply will be supplemented by Xinjiang cotton.
In November, Xinjiang cotton quality rebounded sharply, completely eliminating the concerns of cotton enterprises.
According to the latest data of Notary Inspection Bureau: as of November 2, 2015, there were 11 provinces and 2015 provinces nationwide, and 870 cotton processing enterprises processed cotton according to the requirements of the cotton quality inspection system reform plan, and carried out notarization inspection. The inspection volume reached 1 million 392 thousand tons, of which 1 million 346 thousand tons were in Xinjiang.
Among them, Xinjiang cotton length 28mm accounted for 43.27%, compared with September data increased by 19%; 27mm accounted for 33.67%.
That is to say, 27mm and above account for 76.94%.
The percentage of horse B2 is 40.96%, increased by 27%, which can guarantee 40 or more spinning requirements.
A lot of cotton companies have a feeling of relief, feeling that this year's Xinjiang cotton has not been too disappointing.
According to market forecasts, with the entry of November, more than 70% of the textile enterprises in Jiangsu and Zhejiang provinces have different demand for replenishment. Xinjiang is also the preferred place. Therefore, in November, Xinjiang cotton will move or sell, especially the high quality cotton price, or the "adverse market" will rise, which will bring opportunities for ginning plants and brokerage firms.
However, in the stage of centralized replenishment of textile enterprises, the sale of real estate cotton will also improve, especially cotton with grade 3128 or more. Due to the sticky characteristics of Xinjiang cotton, many spinning enterprises must match the real estate cotton. Therefore, the real estate cotton can also follow the wind and sail, but the price should not be overestimated.
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