The Spot Price Of Lint Is Slightly Loosened, And The Expected Price Difference Between New Cotton And Textile Enterprises Is Quite Different.
On Thursday, Zheng cotton futures contract opened at a low price, and the main contract was sharply lower.
Today, Zheng cotton paction reduced, positions reduced to 473 thousand hands, 14 thousand days to reduce warehouse positions.
1701 the contract fell 80 to 149551705, the contract fell 40 to 148851709, and the contract fell 15 to 14970.
At present, the warehouse warehouse volume of Zheng cotton is 680 (-7), and the effective warehouse receipt is 192 (0).
at present
Unginned cotton
The purchase price has been lowered, cottonseed prices have increased, and the price of 40 cotton linen of hand picked cotton in southern Xinjiang has been maintained at around 7.2-7.5 yuan / kg. The price of machine picked cotton in North Xinjiang is 6.4-7 yuan / kg, and the spot price of lint is slightly loose. At present, the 3128B class hand picking cotton price quoted in the regulatory library is still concentrated at 15500-16000 yuan / ton (gross weight settlement), and the expected price of new cotton and textile enterprises is quite different, and the actual paction volume is still small.
Recently, Pakistan's new flower price has been maintained at 5950-6300 rupees / Moore.
Price stability is driven by many factors: cotton farmers are more satisfied with the current paction price and are willing to sell their seed cotton.
lint
Supply; the willingness of textile enterprises to buy their new flowers is strong, giving the local market a lot of energy.
It is also understood that most of the listed cotton grades are relatively high.
On the international import side, last week, the Pakistani domestic market bought some India S-6 (fiber long 29mm), the paction price was 75 cents / pound (CFR Karachi port).
According to customs statistics, in September 2016, the import volume of cotton cloth in China was 33 million 20 thousand meters, a decrease of 30.14% compared with the same period last year, a decrease of 2.16% compared to the same month. In the same month, the export volume of cotton cloth in China was 719 million meters, a decrease of 8.93% compared with that of the previous month, and a decrease of 16.06% compared with that of the previous month.
In January 2016 -9 months, China imported 307 million tons of cotton cloth, a decrease of 30.48% compared with the same period last year. The total export of cotton cloth was 6 billion 803 million meters, an increase of 12.66% over the same period last year.
20 days,
Hebei
The mainstream price of Cangzhou seed cotton is 3.85-3.90 yuan / jin (40% of lint, 12% of moisture regain), which is 0.10 yuan / kg lower than that of this Monday (17). There are also 400 types of cotton ginning plants that have reported 3.60 yuan / kg of cotton seed purchase price on the same day.
Hebei Shijiazhuang, Xingtai and other places seed cotton high price in 3.85 yuan / Jin, low price in 3.55 yuan / Jin.
In terms of Xinjiang xincotton, the processing capacity and inspection progress of new cotton are accelerating. The processing volume of new cotton is about 5-6 tons. As at 24 o'clock in October 19th, Xinjiang cotton processed 976 thousand tons, and the total public inspection volume was 620 thousand tons. In the same period last year, Xinjiang cotton processed 1 million 33 thousand tons, and the total volume of public inspection in the country was 665 thousand tons.
As of October 18th, Xinjiang cotton was 716 thousand tons in storage and 489 thousand tons in storage.
Northern Xinjiang yesterday snowfall, expected the northern Xinjiang acquisition progress will be slightly affected, the latter is expected to increase the volume of sales.
The market rumors that the sales guidance price of the regiment is classified as 3128B class cotton linen weight is 14800-15000 yuan / ton. If the news is true, the price will have greater pressure on the market, and the market price is lower than that of the Corps.
Pay attention to the sales price of the regiment and the change of seed cotton purchase price.
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Domestic Cotton Prices Will Face Adjustment Pressure In The Short Term And Market Risk Will Increase.
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