Xinjiang Cotton City: In A Slow Recovery State
According to some cotton enterprises in the territory, cotton textile mills and traders are gradually increasing in the recent inquiry and supervision to the warehouse, focusing on the "double 29, double 30" machine picking cotton in North Xinjiang.
Southern Xinjiang
"Double 29, double 28" hand picking cotton, low grade low quality lint interest is not high, but the paction did not suddenly enlarge, is still in a slow recovery.
At present, Zheng cotton has experienced signs of stabilization after two days of "diving". However, the acceptance expectation between the buyers and sellers is still 200-300 yuan / ton, which needs further clarification of the trend of Zheng cotton and the spot market.
In addition, taking into account 10 and 11 vehicles in the Xinjiang area less (drivers are more willing to store short lint and store platforms, etc.), railway empty box cars and containers are less. Some mainland textile enterprises are organized to dispatch goods by the inner cotton enterprises (pportation fees are paid by the buyer and declare cotton subsidies for pportation in 2016/17).
In November 3rd, the cotton growers rebounded with the Zheng cotton disk.
cotton
Brokers and cotton processing factories were relieved by tension and panic. The Akesu and Bachu regulatory libraries "double 28" and "double 29" hand picked cotton quotes stabilized 15300-15500 yuan / ton, 15600-16000 yuan / ton.
But the lint cotton with a length below 28mm and a fracture strength less than 28CN has little customer interest.
First, the color grade of lint cotton in some main cotton producing areas in southern Xinjiang is not ideal in 2016/17, and the "31" level is the main one. The "41" level is also more common.
The two is due to Hami in late October.
Turpan
And so on, the 40% cotton seed purchase price dropped to 7.20-7.30 yuan / kg, Henan, Sichuan, Hubei and other places, cotton and civilian cotton enterprises returned to the eastern Xinjiang for enquiry and procurement (200 type of leather roller ginning machine processing cotton fiber long, small packets easy to pport);
Three is the application of cotton lint, warehousing, public inspection time is relatively long (the fastest 7-10 days), is not conducive to the pportation and sale of cotton.
A factory in Akesu has said that since the late October, the warehousing of the regulatory bank has been greatly affected by the temperature drop, and the sampling and public inspection progress has slowed down compared with the previous period. The company's public inspection data for the batch of cotton entering the warehouse in October 29th have not been uploaded.
Xinjiang: sales start slowly, low quality cotton is rarely asked.
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