Xinjiang Textile Enterprises Drop Production Capacity Cotton Market Is Still Very Crazy.

The output of reserve cotton remained at 30 thousand tons, not only did it not bring bad influence to Zheng cotton, but helped it advance all the way, which was beyond the expectation of most people.

Although Zheng cotton has experienced a short-term oscillation call back, or even once approached 14000 yuan / ton, but it has not shaken its upward trend. Finally, under the influence of the US cotton surge, the main CF1701 contract climbed to a high level of 15380 yuan / ton again. In the face of such a crazy cotton market, how did the Xinjiang textile enterprises react?

It is reported that at present, textile enterprises in Xinjiang are generally short of cotton raw materials, but the enthusiasm of purchasing enterprises is not high. In order to ease the tension of raw materials, some enterprises have begun to reduce production capacity, on the one hand expect cotton prices to appear callbacks, on the other hand observe the situation of cotton yarn price rise, and decide whether to purchase.

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In 4-7, domestic cotton yarn prices rose, of which C32S rose the largest, the difference between before and after was 1000 yuan / ton, the cotton price difference reached 2000 yuan / ton over the same period, while Zheng cotton rose to 10000 yuan / ton low to 15000 yuan / ton.

The price of cotton yarn is obviously lower than that of cotton, and the profit of textile enterprises has been squeezed.

At present, there is no change in the price of "inside and outside" cotton yarn. As of July 11th, the price of C32S imported yarn is around 21000 yuan, while the price of C32S domestic yarn is around 20800 yuan / ton.

Cotton prices are still expected to rise.

Although downstream textile enterprises

The decline in enthusiasm has failed to stop cotton prices from rising. At this time, Xinjiang textile enterprises do need to think calmly about the trend of cotton market and find out how to deal with it.

What changes will take place in the market in the next period?

A person in charge of a cotton enterprise in Xinjiang said that the spot price is higher, the quality cotton price has already been over 14000 yuan / ton, and the spinning profit is low, so it resolutely stops production and sells the cotton raw materials for self use to other spinning enterprises at high price.