Brazil Cotton Warehouse In Zhangjiagang Bonded Area Is Relatively Active.

According to the latest statistics of Zhangjiagang bonded area monitoring station statistics, in December, 14-20 days a week, Zhangjiagang bonded area cotton inventory 28002 tons, a decrease of 308 tons compared with last week.

Zhou,

The amount of bonded cotton warehousing is 131 tons, mainly in Australia cotton and 1040 tons in the warehouse, including 494 tons of cotton in the United States, 317 tons in Brazil cotton, 131 tons in Australia cotton and 98 tons in India cotton.

Among them, 13442 tons of cotton in the United States (194 tons less than last week).

9455 tons, 1863 tons of India cotton (203 tons more than last week), 1309 tons of Ukrainian cotton.

395 tons (317 tons less than last week).

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With the continuous snowfall in mid December of Xinjiang, the price of long staple cotton has dropped to varying degrees, which has affected the enthusiasm of cotton enterprises, and the Xinjiang long staple cotton market has started to fall again.

According to Uncle Lee, a cotton grower who planted long staple cotton in Awati, cotton farmers in the local purchase of long staple cotton stopped collecting after a large snowfall last week.

Before closing, the average price is still 7.9-8.2 yuan / kg, but last Friday (18) the early quality seed cotton inventory was pulled to the ginning factory, the price was only 7.6-7.8 yuan / kg.

At present, the long staple cotton market is in the closing stage. The cotton seeds of cotton farmers in Awati County of Akesu are not in stock. The price of seed cotton is decreasing or the cotton farmers are speeding up the sale.

Judging from the current processing capacity, the number of lint cotton in the territory has been over 85 thousand tons, and the total amount of resources that has not yet been processed will be significantly higher than the annual demand of 7-8 tons.

If the supply exceeds demand, it is difficult to sustain the price of long staple cotton. Will the long staple cotton go on the back of corn next year? Or with the adjustment of the production structure of the textile enterprises, the demand for long staple cotton can also rise. The market is the best examiner and the most cruel witness.

At present, although the sale of long staple cotton seed cotton is close to 90%, the sale of long staple cotton lint is not satisfactory recently.

In the early days of Akesu, individual cotton enterprises received large orders, and the price of long staple cotton was raised to a high level, which resulted in higher cost of processing long staple cotton by local cotton enterprises.

At present, the order status of high count yarn in downstream cotton enterprises is not good enough, and the enthusiasm of replenishment is insufficient. The price of some long staple cotton has fallen to the cost of cotton enterprises.

Under the target price subsidy policy and the Xinjiang government's encouragement to grow, this year's long staple cotton planting area is close to 2 million mu.

According to statistics, the average selling price of long staple cotton seed cotton in this year is around 7.9 yuan / kg, plus the subsidy of 1.3 times of upland cotton, the average price can still touch 10 yuan / kg line.

The yield of long staple cotton was significantly higher than that of upland cotton, and cotton growers in 2016 grew or grew continuously.