The Spot Price Of Cotton Has Both Dropped.

On April 26-27, the gross price quotations of the 2128B (2129B) and 2128C2 (2129C2) level of the Bachu Akesu regulatory platform were 12500-12700 yuan / ton, 12300-12400 yuan / ton, respectively, compared with last week's 100 yuan / ton callback.

Because of the "double 28" and "double 29" (horse value of B) lint resources have been very scarce, cotton enterprises will focus on inquiry and procurement to 2128C2 or 2129C2 below 5.2.

Inland bank since April

Shipments are relatively fast, and the difference between inside and outside the cotton price has been restored to 200-250 yuan / ton. Therefore, the enthusiasm of the enterprises in the region has gradually resumed. Some cotton enterprises in southern Xinjiang indicated that the surplus cotton resources were concentrated in the hands of the credit enterprises such as corps, agricultural Development Bank and credit cooperatives. If the goods were not allowed to be bought before the border was released, the goods could only be allowed to be pported through railways.

Recently, Dushanzi's ethylene and other energy materials are relatively concentrated, so cotton enterprises need to prepare for declaration and direction in advance.

Cotton mills in Jiangsu, Henan and other places indicated that

The cotton yarn needs 21 or 31 grade cotton with a fiber length of 28.5mm or above and a fracture strength of 28.5CN or more. Therefore, the "double 28" cotton price "watershed" is 28.5mm and 28.5CN, and the required length of spinning 32S yarn is more than 28mm and the strength 27CN-28.5CN can be. Therefore, the "double 28" goods source of cotton enterprises must be checked by the batch inspection data, and the cotton price difference of "double 28" can reach 200 yuan / ton.

Some cotton enterprises in the territory reflect that the top of the market is facing down with the Zhengzhou and commercial cotton electronic matching tables.

Spot prices and prices have dropped. Cotton mills and traders will be able to buy or sell. This will lead to the launch of the next national cotton store next week. (this week, the relevant departments will issue a joint announcement on reserve cotton production and warehousing, clear links in operation and storage of cotton reserves, etc.), and social cotton resources will be effectively replenish, so buyers and sellers will return to deadlock.

A company in Akesu said that since April, the company has seized sales of futures and spot prices, and has sold more than 2300 tons of lint in just half a month, although the average loss per ton is 400-500 yuan / ton, and there are still 500-600 tons for sale. However, the pressure on capital and shipment has been greatly reduced compared with 2 and March, and the repayment schedule has been completed ahead of schedule. Although 23-25 days of enquiries and customers' demand for goods has been significantly reduced, cotton enterprises are generally calm and confident.