Domestic Cotton Price Hit Bottom Rebound Is Already "Imminent."

According to the survey, since the late November, there are more and more cotton ginning plants in Kashi, Akesu and Korla, which have been reduced, collected and processed. Some of the mainland workers in the Xinjiang package factory or the leasing processing line have returned to the three year.

Some enterprises speculate that the progress of picking up flowers in the southern Xinjiang has reached 90%-95%, and that Korla has picked up a little slower due to the late listing of seed cotton, the concentration of agricultural enterprises and the weather.

According to statistics, as of 27 days, the national public inspection 2 million 611 thousand tons, of which 2 million 568 thousand and 600 tons of Xinjiang public inspection.

Within the territory, cotton enterprises said that because of the smooth storage arrangement this year, there were fewer queuing and car parking outside the library, and there was a difference of 5% in processing and warehousing progress, estimated at 70% of processing progress, 2016/17.

The output is more than 3 million 700 thousand tons.

Recently, there are still some cotton trade enterprises in Hebei, Jiangsu, Henan, Shandong and other places in the mainland to sell the reserve cotton in the 2016 year. In the 2012 year, the price of hand picked cotton in southern Xinjiang was quoted at 15700-15900 yuan / ton (gross weight), and 14900-15000 yuan per ton of cotton in the Hebei and Shandong countries.

First, since late November, the mainland's "double 28, double 29" Xinjiang hand picked cotton has been quoted at 16000-16500 yuan / ton, which is higher than Chen cotton's offer price of 300-500 yuan / ton, but the length, horse value, color level and other indicators have obvious advantages.

At present, Chen cotton in the warehouse is mostly low in grade and low in fracture strength. Spinning C40S and above high count yarn is very difficult and can not meet the needs of the cotton mill. Its comprehensive spinnability is not much different from that of real estate cotton, but Xinjiang Chen cotton of national reserve is 200-300 yuan / ton higher than that of real estate cotton.

Some textile enterprises in the mainland indicated that with the improvement of pportation situation in December, the proportion of shifting libraries increased significantly, and the main strategy for replenishment of raw materials was the purchase of raw materials and the purchase of raw materials nearby.

At the end of November, with the seed cotton grade, quality, moisture, impurities and other indicators dropped significantly, seed cotton purchase price also significantly opened up, Akesu Sha ya, Kuche, new and other places 38-39% lint lighter cotton purchase price 6.70-6.90 yuan / kg, and 39-40% lint high quality mid price flower purchase price is 7.30-7.40 yuan / kg (41%-42% clothes 7.50 yuan / kg).

Because of the drop in temperature, it is difficult to store and worry about the surrounding areas.

At any time, it may be reduced or stopped, farmers, cotton farmers and cotton brokers rush to harvest and sell.

On the 27-28 day, the "double 29" hand picked cotton pick-up price of the South Xinjiang platform was 15800-16000 yuan / ton, and the "double 28" gross weight pick up was 15600-15700 yuan / ton, "3127, 3128" level (strong enough or horse value 5 above) gross weight delivery price 15200-15500 yuan / ton.

Some cotton enterprises said that with the "2017 cotton reserve round announcement" to gradually dilute and digest Zheng cotton and spot market profits, the large-scale replenishment of cotton enterprises in the mainland could not be refunded.

It is understood that the development and Reform Commission recently announced the Ministry of Finance (twenty-sixth 2016).

During the period of listing (until the end of next February), there will be no arrangement for the storage of cotton. In 2017, the sale of cotton reserves will start from March 6th, and the deadline will be tentatively scheduled for the end of August. The number of daily sales will be temporarily suspended by 30 thousand tons.

Affected by this, on the 24-25 th of November, not only did the Zheng cotton contract oscillation callback (CF1705 contract low point break 15700 yuan / ton), there were signs of loosening and falling of cotton spot and seed cotton purchase prices within the territory.

Cotton processing enterprises in Kuitun, Shihezi, Korla, Akesu and other places have increased their quotations and sales efforts, and the quotations (gross weight) of the "double 28, double 29" 16000 yuan / ton in the southern Xinjiang regulatory warehouse have been reduced. The "3128" level of quotation is concentrated at 15500-15800 yuan / ton, and the picking price of cotton picking enterprises in Northern Xinjiang has been reduced to 15500-15800 yuan / ton.

On the one hand, in 2017, due to a month ahead of schedule, and with the intention of releasing part of the stock and pressure, some cotton enterprises have reduced the risk of operation. On the other hand, cottonseed prices have continued to rise to 2.65-2.68 yuan / kg, and the cost of lint has been declining.