Xinjiang: Why Does Cotton City Become Quiet?

Recently, Henan, Hubei,

Warehouse 2128B2 and 2128C2

The gross price of public inspection is 12400-12600 yuan / ton, 12100-12300 yuan / ton, respectively.

Factory and operator purchase prices are almost the same.

Some textile enterprises reflect that after the holiday, they sent cotton purchasing personnel to Xinjiang, and planned to purchase high-quality Southern Xinjiang.

In the north of Xinjiang, cotton was harvested by machine, but the inventory within the territory was controlled by low breaking strength (28.5CN or below 28CN), large horse value (over 5), and short length (28mm and below).

The main reason is that there is no way to spin the 40S or above count cotton yarn, so we can only focus on the Xinjiang cotton which is moved to the mainland.

Although the machine picked cotton in the Corps is obviously stronger than the local cotton in terms of horse value and strength, the settlement price of the khcd is generally 12400-12600 yuan / ton (grade 3128B), which is higher than that of the southern Xinjiang hand picking cotton 3128B class price of 500 yuan / ton, and the cotton mill is more difficult to digest.

Affected by the recent strong rebound in commodities (Fed rate hike or postponed to June) and ICE's forecast of the impact of global cotton planting area or reduction in 2016, the price of raw materials such as PTA, polyester staple fiber and viscose staple fiber has increased. The market paction prices of 1.4D, 1.5D polyester staple fiber and viscose staple fiber have exceeded 7150 yuan / ton and 13500 yuan / ton respectively.

But polyester yarn, polyester cotton yarn and cotton yarn have encountered strong sniping of downstream fabric factories, garment factories and export orders. The profit of blended yarn has been declining. Some small and medium-sized cotton mills have to adjust their product structure again to increase the production capacity of medium and low count cotton yarn.

It is expected that the national cotton auction policy will be announced in mid March. After the last week's deep fall, Zhengzhou and electronic matching disk entered the consolidation and waiting period, and the spot market of cotton became quiet again.