Ji Lu Yu: Fierce Competition In Price Competition

Faced with the continued bull market in the cotton market, many textile companies appealed.

As soon as possible, the spinning enterprises believe that: at present, spinning enterprises can not afford high cotton prices, the domestic cotton increment is the best way for the industry to realize the balance between supply and demand and keep cotton at a reasonable level.

Recently, from

Feedback from all sides of the region: cotton price increases and other factors, customers slightly larger orders will be inquiries everywhere, suppliers to reduce inventory, price competition fierce competition.

Cotton yarn manufacturers have increased their quotations for cotton yarn, raising the range of 200-500 yuan / ton, 300-800 yuan / ton, and 500-1000 yuan / ton.

In the low season of poor market performance, downstream

Faced with the situation of less orders and poor sales, it seems that the price of raw materials such as high does not buy, resulting in the current yarn market overall price increase is not large, but the quotation has been raised, the actual shipment price basically maintained the original price.

But in the temporary state, many complaints of the spinning enterprises are painful, but there is no place to vent them. They can only resolve their struggles and strive to be a piece of sand that will never be washed away in the sea.

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Under the influence of Zheng cotton, it went out of a 2 Day rally. On Friday, it returned to Europe in the British commodity market and the stock market fell. The main contract in December closed at 64.59 cents / pound Friday, and fell 129 points.

In the later stage, the pressure of further upward pressure is obvious. In small environment, the quantity of China's launch has great impact on the market price, and there is uncertainty.

The impact of Britain's withdrawal from Europe on the global economy and cotton remains to be seen.

Cotton distribution.

Market spot resources have been scarce, and the price is obviously higher than the 300-500 yuan / ton of the cotton coming out. The cotton reserves have been accepted by most of the cotton mills and become the main body of cotton blending. Compared with the spot, the purchase of the cotton reserves needs to consider the time of storehouse, and the resources should be fully considered to prevent the supply disruption from affecting the quality and production.

On the spot.

Due to the continuous decrease in the volume of delivery, the paction price has been fired up, the stock market in the spot market is limited, and the trend has been rising.

The "double 29B" in the inland library is reported to be 13700-14000 yuan / ton, "double 28B" 13500-13700 yuan / ton, "double 28C" 12700-13000 yuan / ton, the quality of the real cotton is 10500-12800 yuan / ton, the price of the imported cotton is low, the price is high, the US cotton is 13500-14000 yuan / ton, the Australian cotton is 14500-14800 yuan / ton, the quality of the United States cotton is up to 12800-13500 yuan / ton according to the quality, the Australian cotton is 13800-14300 yuan / ton, and the selling price of the domestic cotton rises with the wheel. The price of the cotton with good quality has generally risen by 100-200 yuan / ton, and the long staple cotton is relatively large because of the large inventory, limited consumption and relatively stable price. Spot prices rose by 100-200 yuan as a whole.

In terms of rotation.

Eighth weeks after the launch, the selling price was 12325 yuan / ton, and the sale dropped sharply. The weekly turnover was 105633 tons, the week reduced by 25906 tons, the average price was 12230 yuan / ton, the week rose 145 yuan / ton, the total turnover was 953 thousand and 300 tons, of which 296 thousand and 100 tons of imported cotton, the turnover rate was 98.16%, and the domestic cotton 657 thousand and 200 tons, the turnover rate was 96.94%.

At present, the amount of delivery is the focus of attention of the market. It has a direct impact on futures and spot prices, and has not been able to keep up with the public inspection. It is difficult to put in quantity and has difficulty in discharging. It has aroused great attention from the national development and Reform Commission. It has instructed the implementation of the rectification of the cotton reserves and the market parties are waiting for the rectification effect.

As of June 24th, a total of 726 enterprises have successfully participated in the auction, with an increase of 15 in the week, and the growth rate has slowed down.

Trading volume continued to decrease, and paction prices continued to rise, so that the participating trade enterprises gained considerable profits, stimulated more participation enthusiasm, more participation in trade enterprises and further pushed up the paction price, so that the cost of cotton mill increased significantly, while the cotton yarn sales price did not rise synchronously under the extrusion of imported yarn, and the profits of the cotton mill were compressed. This is not conducive to the healthy development of the industry, and should be concerned by relevant industries and government departments.