All Parties Are Waiting For The Policy Of Throwing And Storing Cotton.

Domestic cotton spot market is still weak, spot prices continue to slump, while all parties in the industrial chain are waiting for the national cotton throwing and storage policy landing. Affected by this, downstream cotton varieties of cotton enterprises have reduced the volume of orders, the cotton fabric market is also deserted, resulting in a low volume of cotton yarn trading, the price is also chaotic, some low-grade yarn actual paction price is lower, high-end yarn is slightly stronger.

In anticipation of throwing store, cotton traders are eager to sell more pressure. The industry says that cotton prices will rise steadily in the short term.

With the rapid development of the cotton yarn market, the competition is becoming more and more intense. With the increasing number of spinning enterprises invested in Xinjiang in the past two years, the production capacity of Xinjiang yarn will be released in large quantities this year, which will have a certain impact on the mainland's cotton yarn market, and at the same time, it will also restrict the quantity of imported yarn.

At that time, the leading cotton yarn market will be Xinjiang yarn and Naichi Sawa.

The three party forces.

By contrast, this week

And viscose staple fiber prices are booming, basically maintained a 600-800 yuan / ton of rally, led by this pure polyester yarn and cotton yarn order quotation also rise.

Polyester cotton blended yarn is no exception. The cost of the new order is increased, and the quotation must be raised slightly.

If later chemical fiber raw materials

Keeping up the trend of continuous rise will lead to a change in the price and profit of the three yarns, which may drive many manufacturers to adjust their capacity and keep pace with the market.

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At present, the cotton futures market is encountering "late spring cold", and ICE cotton price has fallen continuously and hit a new low.

Affected by the global stock market crash and the fall in commodity prices, the price of cotton spot market has dropped along with the news that the reserve cotton is out of stock.

Cotton enterprises are eager to sell new cotton, hoping to rush out of stock before coming out of the market.

At present, textile enterprises have basically started production, but at the beginning of the market, the overall market has not yet started.

The intention of downstream customers to enter the market is not strong, and the participation of traders is lower than in previous years. At present, the market is in a stalemate and stagnation stage.

Insiders said that because of the market bearish atmosphere, cotton prices continued to decline, textile enterprises for raw material procurement mostly wait and see.

There are three main factors leading to the decline of Zheng cotton futures price. The main reason is that there are three main reasons: first, the current market is very concerned about how to store the national cotton store. Many cotton enterprises worry that the large number of low price stores will further reduce the cotton prices. This is also the main reason for the recent decline in domestic cotton prices; two, the domestic and international economic growth prospects are still not optimistic, the demand for downstream cotton products is sluggish, and the international cotton prices continue to decline to a greater impact on the domestic cotton market.

At present, there are great differences in the price trend of domestic cotton in the late stage.

Although some futures analysts are still looking at the price of cotton, but because domestic cotton prices have been in line with the cost of imported cotton, and domestic cotton planting area is expected to continue to decline, many cotton enterprises think cotton prices are close to the bottom.

Wei Gangmin, chairman of Henan TongZhou Cotton Industry Co., Ltd., said: "investors who may be concerned about the fluctuation of cotton prices have seen the current situation. At present, cotton prices have fallen below 10000 yuan / ton from 13000 yuan / ton in the beginning of the year, and the overall trend is still falling rapidly, and the fall process has not yet been completed."

He said that the sluggish economic recovery and the national reserve cotton throwing and storage still dominated cotton prices. Cotton prices remained unoptimistic before the implementation of the policy of dumping and storage. The real turning point would come from the implementation of the policy of dumping and storage.

Merchants futures researcher also said that the low price of the national reserve cotton will be a big probability event, and cotton prices still have room to fall.