Textile Enterprises Will Concentrate On Replenishment Of Cotton.

Up to now, textile enterprises are going to focus on replenishment. The parties are divided on the market outlook. Zheng cotton futures are going up and down, and the market is heading for fog.

At present, the purchase of new flowers is coming to an end. The cost of new cotton is basically stable, and the inventory of textile enterprises is decreasing.

So, how do cotton go from 11 to December to the end of the year?

After last week's rise, the price of seed cotton in Xinjiang and the mainland has been showing signs of weakness this week. Manufacturers are also increasing their psychological costs due to high costs.

As of 17 days,

The purchase of seed cotton is basically over in North Xinjiang.

The acquisition of hand picked cotton in southern Xinjiang is speeding up, of which the price of 38% lint of fine cotton seed cotton is 7.25-7.3 yuan / kg, unchanged from yesterday.

But in some cotton areas, the ginning factory is under conscious pressure, and some low price pactions emerge.

In the the Yellow River basin of the mainland, seed cotton prices remain at 6.9-7.65 yuan / kg, and there are still few buyers. Cotton farmers are "hard to sell cotton".

A lot of ginning factory feedback, the recent processing cost upside down.

After the cotton price rose last week, the domestic lint spot is in stock this week.

Temporary stagnation is stabilizing.

As of 17 days, the 3 level lint factory price of the ginning factory in the mainland was 15500-15700 yuan / ton, of which the price of the cotton covered cotton was 300-400 yuan / ton higher than that of the small package cotton, but the small cotton was still relatively smooth, and the sale of the balun cotton was rather difficult.

Xinjiang area "double 29" pick up price in 16000 yuan / ton, long staple cotton in 20500 yuan / ton line, prices remain stable attitude.

In addition, due to the fall in seed cotton prices, some of the new cotton seeds harvested in some ginning mills cost less to produce lint, so as to speed up capital turnover and some low prices.

Listing is not conducive to the overall trend of lint prices.

The listing of cotton lint is increasing and the export of textile and clothing is not good enough. The purchasing intention of downstream textile enterprises is still not high.

As of November 17th, the national cotton sale rate was 82.17%, of which the sales progress in Xinjiang was 93.8%. With the accumulation of cotton seed purchases in the later stage, the cotton mill gradually resumed its start-up and the lint supply gradually increased.

According to customs data, in September, China's textile and apparel exports were 22 billion 765 million US dollars, down 15.4% compared to the same period last year, the largest monthly decline in the same period since 1998, the export situation is grim, the purchasing intention of textile enterprises is still low, downstream consumption power is insufficient, and demand is not good, so that lint temporarily stagnated and stabilized.

Zheng cotton's ups and downs, overall good, good lint spot market.

After excessive money and real estate investment are strictly controlled, capital flows into the futures market, and metal and black industrial products continue to skyrocket.

Zheng cotton prices continue to rise, favorable spot market lint.

Although Zheng cotton was down on Tuesday, Zheng cotton's volume rose to close at 15800 yuan / ton.

Market believes that Zheng cotton 15500 yuan / ton support position is very strong.

The lint supply is limited, and manufacturers still have a willing price.

In 2016, the cotton planting area in the mainland continued to shrink significantly, cotton production continued to shrink, and because of the high price of seed cotton and high cost, the processing enthusiasm of ginning plants was not high. Most of them were still on the sidelines.