Analysis Of Three Hot Words In The Cotton Market
This year's winter is a bit cold. In recent days, there is a strong cold wave. The local cooling rate can reach 12~14 degrees, and the lowest temperature in the South will even fall below the historical extremes.
The Spring Festival is drawing near.
cotton
The market is also cold winter, the reporter presented three "hot words", let everyone warm body.
Import
Entering the middle of January, the cotton market is about
Imported
The discussion became more and more.
In terms of cotton imports, the quota of import quotas in 2016 is still within the quota of 1% tons within 894 thousand tons.
18-19 January, Shandong,
Jiangsu
A number of textile enterprises have been reported to have received the notice of quotas. Textile enterprises said that imported cotton will pay more attention to quality in 2016, and high quality cotton is the first choice.
There are two views on the import of foreign yarn, one is that it will continue to grow significantly. It is estimated that the import of foreign yarn will reach 2 million 500 thousand tons in 2016.
The other reason is that there will be a drop in the price of imported yarn because of the further narrowing of the cotton price difference at home and abroad. The import yarn has been weakening after losing the advantage of raw material cost. It is estimated that the market share of foreign yarn will decline in China in 2016.
Sell cotton
According to the national cotton market monitoring system survey data, as of January 15, 2016, the seed cotton sale rate in the mainland was 75.6%. There are still a lot of seed cotton in cotton farmers. How to turn seed cotton into cash is a hot word among cotton growers before the Spring Festival.
A cotton grower in Wucheng, Shandong, says that 30% of cotton farmers and one or two cotton in their villages are not yet sold.
There are many reasons for this, among which the lower reaches are less and the bid is lower, and the main reason is that cotton farmers are not willing to sell.
Near the Spring Festival, cotton farmers in the mainland quickened the rhythm of seed cotton cash conversion.
Cotton enterprises also have the pressure of selling cotton to repay loans.
Since the beginning of this year, 400 types of cotton enterprises have been characterized by low volume of processing, difficult sales and large inventory.
According to the industry estimates, as of mid January, the mainland cotton enterprises processed more than 120 tons of cotton, of which nearly half of the cotton in the hands of cotton enterprises.
In recent days, there has been continuous selling of cotton enterprises in Shandong, Hebei, Jiangsu and Hubei. Some companies even say that the cash sale price can be reduced by 200 yuan / ton.
Redress
Recently, a lot of enterprises have reflected that one of the bank's credit officers' money calling is disturbing, but they can not hide.
Banks urged money, and businesses were pushing money.
Since the beginning of this year, some cotton enterprises in the mainland have insisted on "production by orders". There are only a single purchase process, and no single production has been stopped. However, some enterprises have been owed some money by the downstream manufacturers.
For textile enterprises, the amount of money needed to be repaid was greater than before. Loans were also paid and wages, raw materials and electricity charges were paid.
The three "hot words" are hot, but how many of them are heartache and helplessness.
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