Cotton Mill'S Willingness To Replenishment Is Not Obvious. The Interest In Acquiring Cotton Harvester Is Not High.

Since late October, the cotton picking machine has been the main force in the territory, and the machine picked cotton is basically in a state of being unsalable.

In the northern Xinjiang, Kuitun, Shawan, Shihezi and other places, the cotton inspection length, horse value, fracture strength and other indicators are relatively good, and the proportion of "double 29, double 30" is higher, and the lint cost is generally above 15500 yuan / ton. Therefore, the price quotations of ginning mills are mostly 15800 yuan / ton or even more than 16000 yuan / ton, and traders are not interested in the "spot price" acquisition of machine picked cotton.

According to the survey, although the contract of Zheng cotton has plunged sharply on the 11 day of November, it has been reduced by 2230 points (from limit to limit) for just two working days, while some foreign and cotton traders still do not accept the "spot price" contract of Xinjiang cotton futures, nor do they buy cotton linen.

The pressure of warehousing and public inspection continues to rise. Judging from the quotations of cotton ginning mills and cotton merchants, most of them remain at the level of 10 and 11 November.

The sharp decline has been downgraded blindly.

"Double 28, double 29" in southern Xinjiang

The gross weight lifting price is still 15600-16000 yuan / ton, and the gross weight of the "double 28, double 29" machine pick up cotton in North Xinjiang is 15300-15800 yuan / ton. Although the textile enterprises and traders only wait for the market in the short term, the offer has no effective support for the volume, but the cotton enterprises will have a strong desire to resist falling and pull up.

As of mid November, the cotton mill's willingness to replenishment was not obvious. Some buyers mainly commissioned traders to purchase goods or pick up goods in the vicinity of the mainland store.

Considering that the color level of machine picked cotton is low, the horse value is too small, the impurities are large, and the moisture content is large.

Some local cotton enterprises believe that at least by the end of December, Xinjiang cotton rail and highway pportation will be more difficult to relieve the pressure from the Xinjiang, and the quality and grade of real estate cotton will not be strengthened.

It is possible to intensify, so cotton prices are expected to continue to rise slightly in the past month, and the hope of "double 28" breaking through 16000 yuan / ton is greater.