Cotton Prices Remained Stable At The Beginning Of October.

Although the cost of cotton yarn has increased demand in October, the stock limit has increased. At present, there are about 24 days' inventory of cotton yarn in spinning enterprises, which is at a medium upper level. Although demand has improved slightly, inventory has dropped slightly in recent days, but production and marketing have not yet reached the ideal level.

Then, will there be a concentrated release of cotton yarn demand in October? First of all, the stock of cotton spinning can still be supplied for a short time. On the other hand, there are about half a month's stocking of cotton yarn in the weaving mill, and there is no short-term purchase in the short term, and there is also about 24 days' inventory of cotton cloth in the weaving mill.

At present, producing high quality cotton yarn and medium high count cotton yarn.

The enthusiasm for purchasing new cotton is rather high, and there may be a wave of centralized purchase by October. This also supports the spot price of cotton. Generally speaking, the author thinks that the probability of keeping the price of pure cotton yarn at the end of September and the beginning of October is more stable from the cost point of view, while the cost of pure cotton yarn has increased slightly in the middle and late October, and there has been a certain increase in demand; however, the upper and lower reaches of the stock limit increase.

Cotton prices have been rising recently and cotton yarn prices are stable. It is expected that the cotton yarn prices will remain stable at the end of September at the beginning of October.

However, the cost of cotton yarn is expected to increase in the second half of October. If the spinning enterprises want to maintain a good profit margin, there will be a slight rise in demand, but the increase in cotton yarn and cotton inventory will probably increase slightly.

Recently, cotton yarn prices have stabilized gradually, and the volume of goods has improved.

But the volume of goods increased before the Mid Autumn Festival.

Coupled with the recent rise in the spot price of cotton futures in recent days, the average price of throwing and storing pactions has been rising, making the market more controversial about the price trend of cotton yarn in the future market. Can the price of cotton yarn rise at the later stage? As we all know, cotton accounts for about 70% of cotton yarn cost, and cotton price plays a key role. In recent days, the rise in the price of throwing storage is really reflected in the cost of cotton yarn in the middle ten days of 10. By that time, the cost of cotton yarn will increase.

Textile enterprises in September

In a month or so, the composite index is 32 days.

At present, the cost of filming and storing cotton used by spinning enterprises is about 14000 yuan / ton, equivalent to C32S cost of about 21000 yuan / ton. In late 10, the cost of throwing and storing cotton is about 14100 yuan per ton in late 10, and the cost of C32S is about 21200 yuan / ton.

In addition to the cost support of throwing and storing cotton, the new cotton price in October also forms support for the cost of cotton yarn.

At present, new cotton has started to go on the market. The purchase price of seed cotton is higher than that of last year. The purchase price of Xinjiang seed cotton is 6.5-7 yuan / kg, which is higher than 7 yuan / kg, and its quality is obviously better than that of last year.

According to the current sporadic start selling Xinjiang cotton prices to the mainland to see more than 15000 yuan / ton, the price is expected to fall in October, but the amplitude may not be very large, and it may also be above 14500 yuan / ton. According to this account, the cost of C32S is about 21500 yuan / ton, which is also higher than the current cost. Therefore, in the middle and late October, the cost of using the reserve cotton or the market purchasing new cotton may be higher than the current cost.

From the cost point of view, there was a rising demand in mid and late October, but not much.

What will happen if the price of cotton yarn does not increase? If the price of cotton yarn does not increase in the second half of October, then the profit of textile enterprises will be reduced. At present, the spinning enterprise C32S can still maintain 300-500 yuan / ton profit. If the price of cotton yarn does not rise in October, then the textile enterprises are likely to maintain a small loss or keep the capital business. This needs to see the market demand situation.