Cotton Spring Is Approaching.

Recently, a cotton trader in Cangzhou, Hebei said that the spot 3128B class price was 12250 yuan / ton, and the 3128C level was 11900 yuan / ton, which rose 50-100 yuan / ton compared with last week.

"At the moment, there are more than 30 tons of cotton in hand, and the quality is too good to be sold," the cotton trader said. This week, there are three.

Enquiries from him, though because of the small number and high price, failed to conclude the paction, but he believed cotton spring's footsteps were approaching.

Coincidentally, the head of a ginning factory in Binzhou, Shandong, also reflects the fact that in recent days, the quality of cotton produced locally and in Xinjiang has suddenly become active.

As of that day, the person in charge of the 2128BS2 grade Xinjiang hand picked cotton came out of the warehouse at a price of 12650 yuan / ton, and the 3128B class price was 12400 yuan / ton, compared with last week's increase of 50 yuan / ton.

At present, there are at least 1 million tons of cotton in Xinjiang in the Yellow River basin (commercial stocks, the same below).

Less than 500 thousand tons, the difference between the two is very different.

Many people in the industry say that there are two characteristics of the "remaining" cotton market in the near future: the first is the large quantity; the two is the poor quality.

A friend of Hebei cotton circle said that cotton is still short in cotton and ginning plant warehouses, with poor consistency, high horse value and lots of impurities.

The first worry is that such a rise will follow.

Two of them are worried that the stock market in the future will not be sold and they will be smashed in their hands.

"We observed that the recent rise in cotton prices is also limited to high quality cotton and poor cotton." on the 12 day, a boss of a ginning plant in Dezhou, Shandong said that according to the current market situation, the whole cotton market has not yet recovered, and the recent increase in local cotton prices is only a partial increase under the structural gap.