The Price Of New Cotton Has Risen All The Way Since Its Listing.

The market is really not calm.

At the beginning of the year, due to the strong anticipation of stock reserves, the pricing mechanism of the internal and external cotton connection, the domestic cotton prices were once hit the bottom.

After the relevant departments issued policy rounds until the end of September,

Gradually stable.

Since the launch of new flower, the price has also risen all the way. The price of seed cotton has risen to around 7.5 yuan per kilogram from the beginning of the beginning of the balance. In some areas, there are nearly 8 yuan in price, and the acquisition cost of lint is over 16000 yuan / ton.

At present, because of the high pparency of market information, cotton growers are expected to gradually improve, referring to futures and spot prices, and selling seed cotton; due to the large capacity of processing plants, the processing plant is actively buying under the constraint of contract quantity.

Most of the enterprises still have reserve cotton stocks, a considerable part of the enterprise stock can be used at the end of October, and in view of the higher price of lint cotton, the increase of downstream products is less than that of cotton. The price of cotton and outer yarns has not been followed up in time, and the enthusiasm of purchasing is not very high.

As a result, cotton growers are expected to get better, the processing plants are actively buying, and textile mills are getting dull.

According to the USDA data, the global production demand gap is about 2 million tons this year. The supply and demand outside China is stable. The gap of 2 million tons is mainly in China. Now the stock of reserve cotton is quite abundant, which can make it easier to fill the gap.

2016 when cotton is sown, the ICE main contract is between 60-64 cents / pound, and domestic cotton futures are all around 13000 yuan / ton. In the current situation, the cotton price this year may be higher than that of last year. The prices of related agricultural products such as soybeans and corn are stable, and domestic corn may have a larger decrease.

Due to the hot front end of the cotton market and the calm rear end, the processing cost of the processing plant is relatively high, the sales are stable, and whether the lint price will continue to rise in the late stage remains to be seen.

For processing enterprises, business risks have come quietly, so we need to carefully study preventive strategies.