In The First Half Of 2016, It Was A Big Probability Event That The National Cotton Store Went Out.
According to some cotton enterprises and inland areas
cotton
Operators reflect the warehouse in the mainland since early January.
Xinjiang
Cotton inquiry and shipment decreased significantly compared with 11 and December, 3128B grade (2128B), 3129B grade (2129B) and other high quality.
lint
The volume of trading has also declined rapidly. Some cotton enterprises in the region have tried to speed up the clearance rate of cotton in the hinterland before the Spring Festival holiday with cotton producers and middlemen. The quotation continues to be weak, and the overall reduction is 100-150 yuan / ton compared with the end of December.
A cotton trader in Akesu said that the company is in operation.
Jiangsu
Anhui and Henan Zhengzhou have 1800 tons of lint in stock, and more than 400 tons are expected to be pported to the mainland before the Spring Festival. But in contrast to the "hot wave" railway relocation, the shipment of cotton is almost lagging behind.
As of January 14th, only 9 batches of hand picked cotton had been sold in the mainland. The lint percentage of 3127C2, 3128C2 and low breaking strength was relatively large. The buyers and sellers were unable to conclude the paction because of the expected price difference of more than 200 yuan / ton, and the short-term capital pressure was very prominent.
According to reports, some cotton processing enterprises in the territory believed that considering the structural contradiction of domestic cotton supply in 2015, and the about 11000000 tons of national cotton reserves and the competitiveness of textile and clothing export, the first half of 2016 was a big probability event, but the bad luck was always like "the top of the mountain".
A loan bank in southern Xinjiang indicated that most cotton processing enterprises that had made loans to cotton processing enterprises in the middle of January were mostly in 10%-30%, and some enterprises even did not sell one ton. Therefore, the real selling pressure was in March and May, such as cotton prices rebounded, and the loss of cotton enterprises will expand significantly.
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