Short Supply Of High Quality Cotton In China Can Not Be Changed In The Short Term.

The reporter learned from the relevant organizations that the reserve price for the second week (from May 9th to 13th) sale of the cotton reserve will be reduced to 11931 yuan / ton (standard class price), which is 90 yuan / ton lower than the price of 12021 yuan / ton in the first week (the selling price of the actual batches of cotton stored on the daily basis is based on the standard sales base price, determined according to the results of the cotton notarization test and the quality difference table published by the China Cotton Association).

From the first week of the sale of State Cotton stores, the enthusiasm of Cotton Traders and textile enterprises is very high.

Among them, the turnover rate of imported cotton keeps 100% turnover rate, and the rate of increase in the selling process has also reached a record high, for example, the highest price increase in May 5th has reached 3680 yuan / ton (2012 cotton in Australia).

According to the information released by reporters, the supply of high quality cotton in domestic cotton market is still tight.

The main reasons for the high turnover rate and paction price remain high.

At the same time, because the market is more optimistic about the quality of cotton in the late stage, some enterprises that participate in the sale of state-owned cotton stores have strong hoarding psychology. In the first week's auction process, some cotton companies are buying up and hoarding cotton.

"This time

Attracted a lot of cotton enterprises to participate actively, in addition to the strong market demand and tight supply, it is important that the pricing, quality and quantity determination of the national cotton reserves, and the outgoing system are in line with the market reality, and there is nothing to worry about after bidding. "

A representative of the cotton business involved in the sale of State Cotton stores said that if the sales volume and price of the downstream products were analyzed, the selling price of the first week of the national cotton store sale was still a little high. It is expected that the turnover and paction price of the second week sale will be cooled down, and the downstream demand needs to be restored.

Reporters learned from the relevant agencies that the ability to digest cotton locally in Xinjiang cotton area has been greatly improved. The sales rate of cotton in Xinjiang Corps has reached 95% in the current year. The market expects that the situation of high quality cotton supply will not be changed in the short term.

Data released by the Xinjiang development and Reform Commission showed that as of April 30th, all divisions of the Xinjiang regiment

For 1 million 444 thousand and 300 tons, compared with the 1 million 659 thousand and 900 tons in the same period last year, the reduction was 215 thousand and 600 tons, down 12.99%. This shows that the current high quality cotton in the current year is lack of direct relationship with the decline in production.

At the same time, the cotton and Flax Company of every regiment purchased 1 million 351 thousand and 500 tons of lint cotton, compared with 1 million 599 thousand tons in the same period last year, a decrease of 247 thousand and 500 tons, a decrease of 15.48%.

The actual storage of 1 million 432 thousand and 400 tons decreased by 164 thousand and 100 tons compared with 1 million 596 thousand and 500 tons in the same period last year, a decrease of 10.28%.

These two sets of data also indicate that some of the newly produced cotton flowed directly from the ginning mill to the market, and the market demand for new cotton is relatively strong.

Up to now, the actual sales of lint in Xinjiang Corps (on the basis of receipt of payment) has reached more than 1 million 280 thousand tons, accounting for 95% of the total amount of cotton lint purchased by cotton and Flax Company of various divisions, an increase of more than 500 thousand tons over the same period of 780 thousand and 100 tons in the same period last year, an increase of about 65%.