Most Of Hubei'S Textile Enterprises Are Bidding For Cotton Reserves.

With the increasingly scarce spot resources, most of Hubei's textile enterprises have switched to auction cotton reserves. Since last week, small traders have been looking for more stores for traders.

A trade company clerk said that because of the intense competition, the second quarter of May 24th did not end until 9 p.m., sighing "it's not easy."

Baiyin cotton industry information center has learned from several textile enterprises that the purchase plan for raw materials will be mainly cotton reserves.

A textile company said that after the use of spot resources, all cotton reserves will be used, and the use of reserve real estate cotton with imported cotton.

The main yarns of other textile enterprises are slubby yarns, mainly made of 10-16 branches. From the first day of the storage cotton wheel, they are always concerned about participating in the shooting and storage. At present, they have bid for more than 800 tons of real estate cotton, although they are mostly three grade of dirty cotton, but they do not affect the use of the plant.

"We will buy some good from the spot market.

Use them together. "

The factory procurement chief said.

The newly purchased 3128C2 grade Xinjiang cotton price is basically above 13000 yuan per ton.

At present,

It is more difficult to find high-quality, affordable lint.

A factory in Xinjiang still has a small amount of 2129A lint in the Shandong warehouse, which quotes 13500 yuan / ton (public weight, self mention, the same below), and the 2128C2 grade lint price of the regiment is quoted at 12900-13200 yuan / ton, which makes many textile products look forward but not yet.

some

The official said that the two batch of grade 2129B2 lint purchased from the factory in April for 13200 yuan / ton (gross weight and delivered) was not ready to be used. Now it is impossible to find the same grade lint at this price.

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May 24-26, zhengmian disk contract "Sanlian Yang", the main contract CF1609 has opened 12500 yuan / ton, 12800 yuan / ton, 13000 yuan / ton three integer points, easy to break through the reserve cotton wheel since the 12885 yuan / ton high point, so the violence rebounded many institutions, cotton enterprises and cotton enterprises to drop out of sight, 12000 yuan / ton strong support position seems to be farther and farther away.

There are market participants believe that from the trend and the basic supply and demand situation, Zheng cotton main line short standing 13000 yuan / ton is a big probability event, then, triggering the current round of Zheng cotton bottoming and accelerating the rebound of what power?

The author thinks that the storage of imported cotton slowly leads to speculation.

As of May 25th, the cumulative turnover of cotton reserves totaled 490 thousand and 200 tons, of which the total import volume of cotton was 273 thousand tons, accounting for 55.69% of the total turnover. However, due to the concentration of imported cotton in several warehouses in Hebei, Jiangsu, Shandong and other provinces, the resources were highly concentrated, 100% of the pactions and traders were competing for the goods. Warehouses, public inspection, loading and unloading, warehousing, pportation and so on had been unable to keep up. Imported cotton resources could not meet the needs of cotton enterprises in a timely manner, and textile enterprises could only compete in bidding for the new cotton purchase in the 2013 year or the cotton pition outside the port.

Lint supply is coming to an end in 2015/16.

It is understood that as late as May, the cotton remaining in the professional warehouse of the territory accounted for a relatively large proportion of cotton with low grade, low quality and poor consistency in the 2015/16 cotton warehouse. The cotton mills and traders generally had only a few batches. The quality of the mill workers, the length uniformity, the breaking strength and so on were quite different. The spinning enterprises had some difficulty in cotton blending, but the quotation remained high. Therefore, when the space available for selection was limited, the risk of CF1609 contracts was increased.

The average daily output of reserve cotton has declined, which has caused worries about the supply of cotton.

In May, 24 and 25 days, the amount of output of the cotton reserves was 25 thousand and 200 tons and 20 thousand and 100 tons respectively, which was much lower than that of the previous 30 thousand tons. Some agencies thought that the slow progress of the public inspection, the serious overloading of the warehouse handling capacity and the increasing number of delivery documents due to the backlog of some warehouses would lead to even more daily output.

Although there are still about 1500000 tons of cotton to be wheeled out in quantity this year, the slow progress of public inspection and warehousing has led to market anxiety.