Wusu City, Xinjiang: Textile Workers Are Working In An Orderly Way.

Under the encouragement of preferential policies of the state and the Xinjiang Uygur Autonomous Region to Xinjiang textile enterprises, at present, Xinjiang textile enterprises in Wusu city have been working overtime and production, and the yarn has been continuously supplied to Guangzhou, Fujian, Jiangsu and Jiangxi cotton spinning enterprises.

With the improvement of the cotton yarn Market and the high demand of the customers, the company intends to continue the technological pformation and continuously improve the product quality through advanced production processes.

Reporters in Xinjiang Wusu city Changmao Textile Co., Ltd. spinning workshop to see the production line running, workers in their respective positions on the orderly conduct of the work.

Wusu Changmao Textile Co., Ltd. was founded in June 2011.

Over the past two years, the state and autonomous region have introduced one year cotton prices in Xinjiang have continued to rise, and cotton farmers have been benefited.

Ushered in the phenomenon that "cotton yarn market does not support cotton prices rising and production costs hang upside down", enterprises are trying to take positive measures to reduce risks, and at the same time, by strengthening internal management, stabilizing product quality, at present, the production and sales of products are booming, so far, the sales revenue of enterprises has reached 110 million yuan.

In terms of futures, Zheng cotton 1705 contracts showed a downward trend after a sharp rebound on Monday. Especially in December 2nd, Zheng Mian suffered a big setback, closing at 15670 yuan / ton, down 405 yuan / ton compared with the previous day's settlement price.

ICE cotton market this week, the market wait-and-see thick, narrow shocks mainly, cotton in the week fell by about 0.3%.

Overall, Zhengzhou cotton and ICE cotton are running weak this week.

New cotton picking is coming to an end, the progress is declining compared with the same period, and sales are rising year after year.

According to the national cotton market monitoring system, the survey data of 1837 households in 87 counties and 14 provinces in Xinjiang showed that as of December 2nd, the national cotton picking rate was 97.9%, down 1.3 percentage points compared with the same period last year, which was 0.1 percentage points lower than that in the past four years, of which, the picking rate was 98.3%; the national sales rate was 88.3%, up by 1.6 percentage points compared with the previous year, which was more than the average in the past four years, and the progress of Xinjiang's sale was 88.3%.

This week

The market supply is improving.

The price of cotton yarn in the lower reaches showed a slight rebound. According to price monitoring, as of December 2nd, the average price of the single yarn of 21S high quality knitted cotton yarn was 23137.50 yuan / ton, up 1.20% from the beginning of the week.

In recent years, the price of cotton yarn has been greatly increased by the price of foreign yarn, and its international competitiveness has been continuously enhanced.

Sun Kuanghua believes that the cotton reserves will be out of interest and cotton.

Constant release, domestic cotton market supply is expected to gradually loose, cotton spot stabilized slightly.

Overall, the supply is expected to be gradually relaxed and there are signs of weakness on the fundamentals. It is expected that the cotton futures market will be stable and weak next week.

The price of cotton seed (12-13% water) in Kuitun, Wusu, Shawan and other places is about 2.62-2.65 yuan / kg. The price of some cotton seeds (less than 12% of water and impurities) is 2.70 yuan / kg, but oil factories, short staple mills and mainland middlemen seldom pick up the goods.

The price of cotton seeds in the eastern Xinjiang cotton belt such as Hami and vomit ring is 2.85-2.88 yuan / kg, which is far ahead of other cotton regions.

As cotton pulp, cottonseed oil and cotton by-products rose more strongly than expected, the cotton enterprises in the territory were less willing to ship less than 2.65 yuan / kg, while the oil mills and short linen believed that the profit of the oil factory dropped sharply and the price of cottonseed was at a high level, so the acquisition was also off and on.

In the past two days, the price of the CF1705 contract fell below 16200, 16000 and even 15800, and the center of gravity oscillates downward.

On the one hand, after deducting pport expenses, 6 months' financial expenses and the storage and insurance expenses of the inland Treasury, the actual income has already been lower than that of the platform within the territory according to the disk price delivery. On the other hand, the cotton enterprises in the territory are facing more pressure on repayment and repayment in the 1-3 month, and the need for May delivery is guaranteed.

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