The Number Of Xinjiang Cotton Highway Pportation Has Risen Rapidly.

It is understood that as the main contract of Zhengzhou has continued to consolidate above 15300, some cotton enterprises have rushed to sell lint, which is in line with the futures warehouse receipts (which is directly covered or sold to foreign merchants and indirect traders). On the one hand, in order to recover money, they promptly pay to farmers and cotton brokers seed cotton (early stage "white" purchase); on the other hand, continue to finance from loan banks, expand the purchase volume, and dilute the pre high cost.

Akesu, Bachu, southern Xinjiang

In other places, the regulatory libraries and cotton enterprises reflect that in the past few days, the cotton mills, traders, and cotton enterprises in the mainland have gradually increased their capacity to see goods, inquiries and pick up goods, and their willingness to accept cotton prices has also improved.

4-6 November, Akesu,

The "2127 and 3127 class" hand picked cotton (broken strength 27CN and below, horse value 5 or more) gross price is 15300-15500 yuan / ton (adjusted according to moisture regain and impurity).

"Double 28, double 29" hand picked cotton wool weight paction price of 15600-16000 yuan / ton, 16000 yuan / ton above paction price is very scarce.

Current contributing factors:

First, the mainland.

Raw material inventory has been digested almost, most of the procurement is equal to the rice pot, with the use of buy, railway pportation does not meet the requirements.

Two is the recent purchase of Xinjiang foreign traders, mainly in the CF1701 contract to do hedging, in order not to affect the delivery, choose the motor freight out of the border is more stable;

Three, most of the cotton enterprises in Sichuan, Guizhou, Henan and other places adopt the "pre-sale" system, and sell them on one side. In order to reduce the contractual disputes arising from the sharp fluctuations in cotton prices, most of the cotton enterprises choose highway pportation.

The four is that the cost of railway pportation is reduced from 30% to 7%. Henan, Hebei, Shandong and other parts of the textile industry and traders account for the difference between the cost of highway and railway pportation, and the advantages of pportation are timely, two times short, and more in line with the needs of buyers.

According to the survey, the number of Xinjiang cotton highways has risen rapidly since late October.

On the 1-3 day of November, the volume of pportation reached 19 thousand and 500 tons. Some agencies and enterprises within the border estimated that the number of roads and railways coming out of central and southern China in 11 would usher in a "blowout".