Short Supply Of High Quality Cotton And Vacuum Cotton Prices Are Expected To Continue To Rise.

at present

The freight pportation is expensive, and the problem of capacity shortage is more prominent. In October, only 118 thousand and 400 tons of highways pported through the road, which were significantly lower than the 288 thousand tons of the same period last year, will have a certain impact on the procurement of textile enterprises and the generation of warehouse receipts in the short term. However, the volume of freight traffic has increased after entering November, and the pport problem will be solved step by step.

But in the short term, due to pportation problems, the amount of cotton in the new territories is not large, and the textile enterprises are facing the demand for replenishment. Therefore, the price of the cotton mill is not too low.

The price of futures is rising, and there will be profits for the ginning factory to make warehouse receipts. There will be a large number of empty bills coming in. Therefore, in the short term, Zheng cotton will still take the concussion of the interval as the main factor, and the short-term rolling operation will take place.

It is understood that at present, the procurement of cotton is still dominated by foreign businessmen, cotton operators and cotton customers. The purchase of cotton textile factories in the mainland is still very few. Most of them purchase the "double 28, double 29" hand picked cotton through trade and commerce, and pay for the factory.

According to the reaction of the inner ginning factory, because of the high enthusiasm of the 15300 yuan / ton cotton enterprises in the main contract of Zhengzhou period, the number of "point price" is large, and the pportation price and mode of pportation of the highways and railways have changed greatly. Therefore, the benchmark price of the "3128 level" of foreign traders and traders has been lowered, and the base of the main contract CF1701 has been enlarged.

A Henan cotton manufacturer said that it had recently sent more than 20 cars to Guangdong, Hunan and Hubei customers (good color, less impurities, big horse value, no requirement for length and strength), and the warehouse delivery price of Bachu, Akesu and other places was 15300-15500 yuan / ton (gross weight).

According to the survey, some organizations and local ginning mills consider that

Low quality, slow listing and the earliest arrival of US cotton in 2016/17 in the middle and late 12 months are likely to trigger a short supply of high quality cotton in the mainland.

It is expected to continue to rise, but the enthusiasm for moving to the mainland is not high.

With the pport cost of Urumqi Railway Bureau adjusted from "30% down to 7%", and the empty box cars and containers in the Xinjiang area are very tight, the focus of the shift of the cotton and cotton spinning enterprises is turning to road pportation. The freight charges have risen again, such as Akesu to Nanyang, which was 720-730 yuan / ton in the same period last year. This year, it increased to 830-840 yuan / ton in 9 and October this year, and now it is up 50-70 yuan / ton.

The cost of handling, warehousing, insurance and supervision of warehouses in the mainland is significantly higher than that in the inland supervision repository (Akesu warehouse's "lump sum fee" is 88 yuan / ton within a month, while the inland market is generally over 120 yuan / ton), plus pportation cost is a great expense for cotton enterprises.

Therefore, if there is no sign of contract or explicit supply and marketing intention, it is still more prudent for the local ginning factory to move the warehouse, especially in the northern Xinjiang.