Cotton Prices, Cotton Producers And Textile Companies Do Not Want Cotton Prices To Rise Too Fast.

About the state Reserve cotton The announcement of rotation arrangements was finally released. This announcement first triggered a sharp rise in the price of the Zheng cotton futures market, and the price center of gravity rose sharply. Among them, the most active main contract CF1609 and the far month contract CF1701 were close to six trading boards. The price was directly pulled from the early March to 19 days, and the price jumped by more than 2000 points. Driven by the strong offensive of Zheng cotton futures, the selling price of spot market has been rising since mid April, causing different mindset of cotton enterprises and cotton traders.

On the 19 day, the sale price of Hebei real estate lint 3128C2 was 11700 yuan / ton (delivery price, public settlement, with the same ticket), compared with 12 days, it rose 300 yuan / ton, compared with the first ten days of April, it rose 500 yuan / ton, the quality was better, the price increase was bigger; 1228C2 quoted price 11300 yuan / ton, 4128C2 quoted price 11100 yuan / ton, all of which increased by 200 yuan / ton than 12 days; 2227C2 quoted price 10800 yuan / ton, increased by 10800 yuan / ton compared with 12 day; the better quality "double trap" cotton hand picked cotton quotation was higher than real estate cotton high yuan yuan / ton, and the machine picked cotton quotation was higher than the real estate cotton high yuan yuan / ton, all increased by RMB yuan / ton. In terms of long staple cotton, the autonomous region produces 137 level quotations of 22300 yuan / ton (local warehouse delivery price, public settlement), 237 level bid 21500 yuan / ton, up 300 yuan / ton compared with 12 days.

Spot sale quotes have gone up so fast that they are beyond cotton prices. Cotton merchant Unexpectedly, and at this critical moment, stocks are few and far between, and many cotton enterprises and cotton yarns have been emptied before the end of March. The cotton producers have also produced some new ideas: first, stop offering quotations and sell psychological reappearance; the two is to observe the market changes; and the three is to restart some enterprises.

In fact, cotton spinning industry chain, whether cotton enterprises, cotton traders or spinning enterprises, do not expect cotton prices to rise too fast. The reason is that the reserve price of cotton that is closely related to spot and foreign cotton prices may be opened too high. Spinning enterprises The two is to focus on the new year, and the high price cotton enterprises can not afford it. If cotton enterprises acquire low processing profits or continue to lose money as they did in the first two years, their enthusiasm will be frustrated, which will definitely affect the healthy development of the local cotton industry.

The enterprises that still look at the changes in the market have no stock at hand. Because of the serious losses in the early years, the current re marketing of Xinjiang cotton has been hard to take. The newly rebuilt enterprises are optimistic about cotton storage in the hands of cotton farmers, and buy quick processing and fast sales with "short flat quick" and low price methods. In their words, "leveling" - early losses, and now make up for it. On the 19 day, cotton farmers in Jizhou reflected that the main quality of their individual businesses was 2.70-2.80 yuan / Jin, which was 0.20 yuan higher than that in March, and some cotton farmers took the opportunity to sell cotton. According to the local textile enterprises in Hebei and the surrounding areas, because of the rapid rise of cotton spot prices, it is difficult to digest the high cost resulting from them. They have to reduce the quantity of spot purchases and wait for the cotton reserves to go out.