Xinjiang Akesu Area Long Staple Cotton Market Rose Slightly
In the near future, long staple cotton is easy to fall and difficult to rise, and the acquisition process should be vigilant.
In October 9th, the mainstream price of long staple cotton seed cotton in Awati county was 8.0-8.2 yuan / kg, which rose by 0.1-0.2 yuan / kg compared with 7.9 yuan / kg at the end of September.
A Awati cotton grower introduced that this year Awati county's long staple cotton area is at least 1 million 160 thousand mu, an increase of 40% over last year.
Cotton picking is nearly 60%, and some good quality long staple cotton is on sale.
As of October 9th, the mainland's 137 grade long staple cotton came out of the warehouse at a price of 21000-21200 yuan / ton, up 200-300 yuan / ton compared with the end of September, and formed a support for the long staple cotton market.
However, recently, the attitude of the long staple cotton processing factory in Akesu is rather cold and the enthusiasm for purchasing is not high.
On the 9 day, a factory official said that they only bought about 100 thousand kg a day, and rarely exceeded 200 thousand jin.
Other enterprises started to weigh only about 20%, and most of them stayed on the sidelines.
A market participant analyzed the reasons:
1, Xinjiang's long staple cotton area is much larger this year.
according to
Xinjiang
Some enterprises said that only 1 million 160 thousand acres of Awati County accounted for 52.7% of the Akesu area this year. According to the calculation, this year, Akesu's long staple cotton is definitely over 2 million 200 thousand mu.
In addition, the output per unit area of seed cotton has increased considerably this year.
From the recent cotton farmers picking situation, the unit yield is generally 310-320 kg / mu, an increase of 100 kg / mu compared with last year.
2, demand for long staple cotton is not increasing this year.
According to Jiangsu, Zhejiang, Hebei and other textile enterprises feedback, nearly two years, because of the rising cost of cotton, most enterprises do not make money or lose money.
More than 50% of the enterprises have adjusted the structure of raw materials, and some enterprises have changed from producing pure cotton yarns to blended yarns, especially some high yarn enterprises.
For example, the production of combed 80S yarns in a spinning mill in Jiangsu accounts for about 60% of the amount of long staple cotton used before, and now it is reduced to 10%.
Australia cotton
Replace.
The head of the plant said that the use of long staple cotton in China was 6.5-7.0 million tons in the past year. It is estimated that this year's growth will not increase in 7.2-7.5 million tons.
3, there is a risk of downfall of Xinjiang's fine staple cotton in recent years.
Southern Xinjiang and
Northern Xinjiang
Part of the ginning factory part of the wait-and-see is mainly concerned with the high cost and the later risk.
Up to now, the cost of newly processed Xinjiang cotton has reached 15700-16000 yuan / ton, and downstream textile enterprises do not recognize it. Recently, a few cotton ginning mills have reduced the purchase price of seed cotton to reduce costs.
Market analysis of long staple cotton prices rising reasons: first, during the national day, fine cotton prices rose faster.
As of October 9th, the price of cotton seed cotton in South Xinjiang was 7.5-7.6 yuan / kg. According to cotton farmers, the price of individual cotton ginning plants was 8 yuan / Jin, and the difference between long staple cotton seed cotton and fine cotton seed cotton was very small. The price of seed cotton in Xinjiang was very small.
Therefore, some long staple cotton growers believe that long staple cotton will increase their prices and increase their prices.
Second, due to weather reasons, the listing of long staple cotton has been postponed slightly this year. Some of the ginning plants have a strong wait-and-see mentality.
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