What Will Be The Consequences Of Hot Or Light Market Turbulence Caused By Quotations From Cotton Market?
Recently, the first snow in winter in Beijing began in 2015. As the saying goes, "snow is a bumper year", it can be accompanied by a large scale.
Spin
The price adjustment of the enterprise leather cotton purchase, in the situation that the market has been not warm, when we look forward to the direction of guidance, the first regiment quoted price, and then the large textile enterprises quoted, to the originally slightly silent market cast a stone, let the market people dryness, talk about.
It can be seen from the announcement price of the spinning enterprise that at present, the purchase of lint is very important to the length, of which 3128 level quoted price is 12400 yuan / ton, the 3127 level quoted price is 12000 yuan / ton, the 1228 level quoted price is 12300 yuan / ton, 1227 level quoted price 11900 yuan / ton, the difference of 1mm length difference is only 400-600 yuan / ton, and 27mm refuses to buy.
It is understood that the new cotton overall quality deviation this year,
Xinjiang
Cotton has always been a good domestic product.
cotton
The representative, but from the "2015 cotton new year system cotton notarization inspection quality situation monthly statement", in October 2015, the total length of cotton surveyor in China was 28mm, accounting for 42.58%, 27mm accounted for 34.53%, although higher than in September, but the overall does not conform to the textile enterprises expected, this will greatly restrict the spinning enterprises varieties, high count yarn, combed yarn difficult to weave, business market narrowing.
Therefore, according to the purchase of enterprises, particularly concerned about the length of fiber, but also resulted in a more obvious price differentiation.
The problem of foreign fiber is a stubborn disease of domestic cotton, which has been slightly serious in recent years.
The quotation of this spinning enterprise strictly stipulates the penalty standard for the problem of foreign fiber, and the penalty for the price of lint per ton is determined by the number of different fibers. The price of each lint of the lint fiber is below 600, and the price is constant. The price of the foreign fiber is between 601-800 and the price is 50 yuan per ton.
The problem of foreign fiber mainly affects the downstream dyeing process. The cloth factory is strict in this requirement, and it often meets the requirements in the contract. Once it does not meet the requirements, it will be faced with the risk of returning the goods and breaking the contract, and the loss is unacceptable to the enterprises.
However, it is understood that seed cotton continues to implement direct subsidy policy this year. The ginning companies absorb the experience of previous years and strictly limit the number of foreign fibers for processing lint. The overall quality has changed.
In addition, it can be seen from the price quoted by the company that the price difference is not large in terms of lint color requirements.
Among them, the 3128 grade lint price is 12400 yuan / ton, and the 1228 class price is 12300 yuan / ton, the difference is only 100 yuan / ton.
It is understood that the new cotton picking in the middle of this year, the color level is better, the overall supply is adequate, indirectly reducing the concerns of the enterprises, the price difference is not large.
The quotation of this large textile enterprise indirectly indicates a view that the supply of the lint spot market is temporarily abundant, so the quotation level is the lowest in the lint spot market.
However, because of the disaster of cotton in Xinjiang this year, the quality of cotton has been seriously affected by the attack of "ice" and "fire" during the growth period. The supply of quality cotton is limited, and there is a certain gap between the price and the price.
In the case of overall weakness in textile industry, pformation and overseas construction, it is still prudent to purchase cotton lint, and the possibility of buying high quality cotton is not too high.
The price of the market is determined by the demand of downstream textile enterprises. In the view of market participants, such a low quoted price is too hot if the delivery is too many, which proves that the pre high price is a paper tiger and the demand for the quoted price is down. If the turnover is light, the selling of the cotton rolling enterprises will boost the market quotation.
At present, the corps and the large spinning enterprises that have the meaning of the vane have already quoted prices, and we must wait and see the leading role and the substantial effect of the market.
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