The Price Of Long Staple Cotton Has Been Repeatedly Explored.

Long staple cotton for a long time no one is asked, cotton enterprises are under the pressure of capital pressure quotations repeatedly down, cost upside down, the loss is serious.

In March, Xinjiang's long staple cotton to the factory (Reference) price: the 137 level accumulated 700 yuan to 22200 yuan / ton, 136 level accumulated 600 yuan down to 21700 yuan / ton (compared with last week fell 200 yuan), 237 grade has dropped by 600 yuan to 21500 yuan / ton.

Therefore, the market thinks that the price of long staple cotton will continue to go down in the near future, and the possibility of a 137 class a short term fall to 21000 yuan / ton, or even below 20000 yuan / ton.

Since 10 years in 2015, Xinjiang long staple cotton has gone up and down.

Taking 137 A-class as an example, last year's high point reached 25500 yuan / ton, while the lower price at the end of March 2016 was 21500 yuan / ton, and the total decrease was 4000 yuan / ton.

The main reasons for the long staple cotton's difficulties are: first, the supply and demand of long staple cotton is loose.

2015

Long staple cotton sown area of about 1 million acres, production at 100 thousand tons of line, and the demand for long staple cotton is 6.5-7 million tons / year.

At the same time, some imported Pima cotton and Ji Zha cotton impact the domestic spot market. Some textile mills use high quality Australian cotton instead of long staple cotton to produce high count yarn.

Two, since the beginning of spring this year, domestic high count combed yarn orders are scarce, and the turnover is not active.

According to the textile enterprises in Jiangsu and Zhejiang, recently combed 60S and 80S, especially cotton with long staple cotton.

Sales are slow, and the finished goods inventory is on the rise.

Inventory to ease financial pressure.

Three, it is understood that the enthusiasm of Xinjiang cotton growers to grow long staple cotton is still high this year. There is a great possibility that 2016/17 will continue to oversupply in long staple cotton.

Four, in the middle and late 4 months, the national cotton storage wheel will soon be released, and the market of fine cotton and long staple cotton will be under great pressure.

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Affected by the current macroeconomic weakness, the supply of cotton exceeds demand in China.

According to the statistics of China Cotton Association, in early 2015, China's initial cotton inventory was 13 million 568 thousand tons, with output of 5 million 150 thousand tons, imports of 1 million 456 thousand tons, consumption of 6 million 700 thousand tons, and ending inventory of 13 million 474 thousand tons.

It is understood that due to the impact of many factors, cotton prices have been in a downward trend, cotton prices remain around 12000 yuan / ton.

"From the progress of cotton sales, the whole market is sluggish and the progress is very slow."

Wang Jianhong, deputy director of the cotton and hemp Bureau of the national supply and Marketing Cooperative Bureau and Secretary General of the China Cotton Association, said that because of the sluggish textile demand and the relatively large stock of cotton, plus the coming out of the national cotton store, cotton prices have been in a downward trend, and the sales of enterprises are very slow.

In particular, Xinjiang cotton sales progress is not optimistic, inventory is relatively large.

For the national cotton mill, Wang Jianhong believes that at present, except for the new cotton market during the listing period, other countries have to arrange for the launch of the cotton store. The price will be linked through the spot price and the international price of domestic cotton.

Zhang Hongzhou, general manager of Galaxy futures textile department, pointed out that the quality of national cotton is better than that of new flowers. This year, most of the new flowers are 28mm, and the Treasury is mostly 29mm, so that the market cotton will supply 32 textile factories below, which will play a role in activating the low-end spinning enterprises.

"I personally believe that the price of spot cotton will remain weak after the arrival of the cotton reserve, and will gradually meet the demand of low-end, low spun yarn and small scale textile mills."

Zhang Hongzhou said.

Dai Gongxing, President of China Cotton Association, said that there is a clear gap between cotton quality and imported cotton at high prices on some key indicators, forcing some textile enterprises to choose high priced cotton imports abroad.

At present, the stock of national cotton reserves is much higher than the normal and reasonable level. Going out of stock will become the main keynote of the national cotton macro-control in the next few years.

At the same time, the cost of cotton production in China is much higher than the international average level. By popularizing intensive, large-scale and mechanized production, efforts to reduce the cost of cotton production are the only way for the development of China's cotton industry.