The Recent Cotton Market Felt A Touch Of Warm Air.
Recently, according to Shandong, Hebei, Henan and other places
Cotton enterprises
And cotton traders, some of them.
lint
Spot prices rebounded slightly, and some regional pactions also showed signs of warming.
Cotton circle friends are discussing whether cotton has ushered in spring? I believe that the cotton market is only a short time to warm up, only part of the cotton turnover is active.
A few middle and low grades
cotton
The deal is lively.
Recently, Mr. Zhao, a boss of the 400 type enterprise in Cangzhou, Hebei, said that because of the current sales of 40S combing and combed yarn in the lower reaches, sales of cotton in the upper reaches of general quality and low prices were slightly active.
For example, the 3128C and 3127C cotton quotations of their factories are 11800 yuan / ton and 11200 yuan / ton respectively. These days, there are continuous textile factories purchasing from Baoding, Tangshan and Shandong Xiajin in Hebei.
"The cost upside down is very serious, the average loss is 1000 yuan / ton."
Mr. Zhao said.
Good quality cotton is popular.
Now, the entire the Yellow River Valley is still "good cotton good price, difference cotton price difference".
During this period, some cotton with good quality were more popular with downstream cotton enterprises.
A Shandong cotton trader introduced that he still had a small number of 2129B grade and above quality Xinjiang hand picked cotton. At present, the factory quoted price of 12800 yuan / ton (pick up, including tax).
The cotton trader said he wanted to save some time because of the scarcity of high-quality cotton resources.
Cotton volume is enlarged in some areas.
For example, Henan, Henan is a large province of pure cotton textile, and only in pure cotton textile, it is second to none in the entire the Yellow River River Basin.
Since most of the raw material stock of the manufacturers is low, and the time delay of the reserve cotton pulley is delayed, some manufacturers are buying cotton in small quantities to solve the production of cotton. Therefore, there has been a phenomenon of rising cotton sales in some parts of Henan Province recently.
Therefore, I believe that the current cotton market warming is only temporary, and now some good signs, or just south Ke dream.
Because:
1, reserve cotton is about to turn out.
At present, the total amount of cotton reserves is about 10 million tons, and the resources are abundant. The relevant officials of the national development and Reform Commission said that the reform of the supply side of the cotton industry should be promoted. The cotton reserves will be normalized and institutionalized. In view of the current shortage of good quality cotton, the import of cotton will be placed in advance, which will have a certain impact on the purchase and sale of the spot market.
2, the recent recovery of downstream cotton yarn is only an isolated phenomenon.
Recently, some yarn imports of conventional yarn were broken, and its price rose by 200-300 yuan / ton due to cost factors, resulting in a further narrowing of the price difference between domestic and foreign yarn, and the superiority of domestic yarn.
However, this phenomenon will not last for long. It remains to be seen whether the cotton market in 2016 will be warmer.
3, cotton enterprises, cotton traders to inventory pressure is still larger.
According to some manufacturers in Xinjiang and the mainland, after the spring of this year, Xinjiang cotton used railway and highway pportation channels to speed up the relocation and sale to the mainland. In addition, some enterprises in the mainland now have a lot of cotton stocks.
Under the situation that banks constantly urge enterprises to repay loans, enterprises generally do not have much bargaining power.
To sum up, the author thinks that the recent cotton market feels a touch of warm air, but it is too early to think that the cotton market will usher in spring.
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