Domestic And Foreign Lint Spot Prices Continue To Fall, The Market Must Break.

According to some cotton processing enterprises in the southern part of kuror and Akesu, the spot price of lint in and outside of Xinjiang has continued to decline, and the losses of each cotton mill and cotton operator have expanded rapidly. Some cotton enterprises have picked up cotton losses by 1000 yuan / ton.

At present, some cotton enterprises are selling the futures warehouse receipts at a low price. Although the quality and consistency of the cotton are worrying, the price has a great impact on the spot of the cotton. Therefore, in order to return the purchase loans on a timely and proportional basis, and reduce the pressure on the sales of the national cotton store, most of the cotton enterprises will not be involved in the whirlpool of the clearance and recovery.

At present, cotton enterprises are mainly made of low quality cotton (high quality hand picked cotton has been picked up by cotton manufacturers and traders in the mainland), plus the impact of real estate cotton, the shipment is very slow, and the cost pressure is very great.

March, 1-2, Jiangsu, Anhui, Henan and other mainland regulatory warehouses in southern Xinjiang

The original single gross weight quotations of 2128B, 2128C2 and 2127C2 are 12500-12600 yuan / ton, 12300-12400 yuan / ton, 11800-12000 yuan / ton respectively, and two or more sellers will make a profit of 50-100 yuan / ton.

Some territory

Enterprises believe that the domestic cotton spot dropped by 400-500 yuan / ton, which is related to the overall decline in ICE and foreign cotton spot market during the Spring Festival, but also related to the rumors that the country will start the rounds in April, but the root cause is some cotton.

Traders made 100% sets of guarantees in the Zhengzhou, matchmaking and other markets. Taking into account the fact that spot prices were relatively high under the support of high cost and high quality cotton supply, they were able to make profits by selling electronic cash.

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Recently, the total number of imported yarn to port is relatively small, and the port inventory is decreasing rapidly.

Port sales are fast but new quantities are limited. Traders say that if they are ordered now, they will be able to arrive in Hong Kong in April. In April, the probability of cotton spinning will be larger or the cotton and cotton yarn prices will be lowered.

Mainstream import yarn varieties ring spinning 21S, 32S prices dropped slightly, 21S pick up price 17800 yuan / ton, 32S delivery price of 19200 yuan / ton.

Although imported yarn has no price advantage relative to domestic yarn, the factory pays more attention to price performance ratio.

Some traders said that the quality of imported yarn of the same species was much better than that of domestic yarn, so there were still factories willing to purchase.

Although traders believe that imported yarn will still occupy a place in 2016, most people are prepared to go to Xinjiang to build factories or to cooperate with cotton mills to sell more and more.