The Speed Of Moving Xinjiang Cotton Is Increasing.

In the past two days, many local ginning mills and middlemen expressed the risk of falling prices of real estate cotton.

Not only that, cotton seeds are also affected.

24, the head of a ginning plant in Xiajin, Shandong, said that the sales progress of cottonseed was obviously slow in the past two days.

A few days ago, the oil refineries arranged for manpower shipment, and now they need to send seeds to factories.

Xinjiang cottonseed has high oil content and low price, which is the first raw material for the oil extraction plant.

It is predicted that cottonseed will be under great pressure as Xinjiang cotton seeds enter the mainland.

The head of a ginning plant in Hengshui, Hebei has responded. Recently, many cotton and cottonseeds in Xinjiang have been moved to the mainland.

On the same day, Hengshui, Cangzhou and other real estate bales 3128 level price 15500-15600 yuan / ton, 3127 level 15100-15200 yuan / ton, the price remained stable, but the number of inquiries and customers to see goods is much less, the paction is rare.

Small cotton is also not smooth enough.

The price of the 3 grade small package cotton is around 15100 yuan / ton, while some cotton ranks between 4 grade and 5 grade, the price is only 14200-14300 yuan / ton, a slight decrease.

Grade 3128 and grade 3127 cotton in Binzhou, Shandong

In the 15200-15700 yuan / ton, due to the lack of public inspection of cotton, the procurement of textile enterprises generally need a larger range of sampling inspection, pactions are cash in stock.

In addition to selling cotton to a large textile enterprise in Binzhou, the rest of the sales ginning plants require payment in cash and no credit.

According to the introduction of several 400 types of cotton ginning plants in Binzhou, there are hardly any middlemen or textile mills buying real estate cotton for 4 consecutive days. This is due to the recent increase in the volume of new cotton moving to the mainland and the impact on the market.

A businessman who has been doing Xinjiang cotton business for a long time introduces that since the middle of November, the Xinjiang wagon has been alleviated to a large extent. Some large Xinjiang ginning factories and traders have got the special pport wagon, and a large number of Xinjiang cotton are moving to the mainland continuously.

Data show that on November, 12-18 days, Xinjiang cotton road came out of Xinjiang 58 thousand and 500 tons a week, an increase of 34%.

In addition, in terms of motor pport, Xinjiang's cotton shortage has come to an end, along with efforts made by relevant departments in the country to coordinate the road pport.

According to their introduction, their company has more than 3000 tons of Xinjiang hand picking cotton to reach Lu, of which "double 29".

The delivery price is 16350-16400 yuan / ton, and the "double 28" hand picked cotton is 16200-16300 yuan / ton, compared with last week, the price has slightly reduced by 100 yuan / ton.

The merchants said that the reasons for the decline were: small profits but quick turnover, tightened liquidity and quickening turnover; two, in recent days.

A slight drop.

Back to the cotton industry, the most important aspect of this year's macroeconomic aspect is the depreciation of the renminbi.

At the same time, when the renminbi depreciated, our direct competitors, such as India and Vietnam, did not depreciate.

The depreciation of the RMB has brought double benefits to China's cotton textile market: first, the depreciation of the RMB is conducive to the export market of domestic textile and clothing and domestic consumption; secondly, the depreciation of the renminbi has increased the cost of imported goods and raised the demand for domestic raw materials.

Due to the impact of the economic situation, the process of RMB depreciation is still continuing, and its positive impact on the textile industry is continuing.