Trend Of Cotton Enterprises: Sales Volume Of Trade Corps Is Much Faster Than Local Enterprises.
At present, most cotton enterprises sell more than 4-5, but the output of cotton in Xinjiang is smaller than that in Xinjiang. December is the peak period for the import of foreign cotton. It is estimated that the import volume will be more than ten million tons in December. In addition, Xinjiang cotton is expected to transport 40-50 tons in December, plus real estate cotton. Therefore, it is expected that there will be no shortage of cotton in the mainland market in December. On Friday, Zheng cotton contract shock trend, the main contract opened behind the bottom, followed by the trend of shocks, the afternoon disc processing rose, the late fall. At present, the position of Zheng cotton continues to decrease, and 10 thousand to 366 thousand hands are reduced.
1, according to the national cotton monitoring system, Anhui Dongzhi station information officer, at present, the price of seed cotton in the mountainous area of Zhao Tan is 3.70 yuan / kg (40% of lint, 11% of moisture and 1.3% of impurity). Plain cotton seed purchase price 3.58-3.68 yuan / jin (lint 38%, moisture 11%, impurities 1.3%), the local cottonseed price of 1.51 yuan / kg, compared with the previous day fell 0.05 yuan / Jin.
2, at present, Hebei, Shandong and other real estate cotton grade 3128, 3129 class gross weight pick up price respectively 15000-15300 yuan / ton, 15400-15500 yuan / ton, some cotton enterprises quoted 15800 yuan / ton to the factory (request transportation distance 500 kilometers), but the textile factory is still with the use and purchase as the main, there is no more massive accumulation of raw materials, the pressure of funds plan.
3, as of December 23rd, Xinjiang Seed cotton purchase process more than 95%, only a few individual cotton seed farmers have not yet completed the sale of cotton seeds. According to feedback, the seed cotton which is not sold in addition to some long staple cotton is some of the poor quality seed cotton, cotton enterprises are not interested.
The United States: in the week of December 15th, the United States signed a net contract of 62 thousand and 700 tons of land cotton in 2016/17, 11.2% less than last week, 47 thousand and 700 tons of shipment, 3.7% less than last week. The main contracted countries are China, Vietnam and Indonesia. The net signing volume is 19 thousand and 500 tons, 11 thousand and 400 tons and 11 thousand tons respectively, and China's shipment volume is 16 thousand tons during the week. By the end of the week, the United States signed a total of 1 million 780 thousand tons of Upland Cotton in 2016/17, an increase of 61.3% over the same period, 735 thousand and 800 tons of shipment, 70% of the US land cotton contract, 72% of 5 years, 29% of the shipment, 22% of 5 years.
India: December 22nd India S-6 Cotton enterprises The pick up price is 39150 rupees / candi (73.50 cents / pound), Punjab J-34 4130 rupees / Moore (73.90 cents / pound), and the current market is 28 thousand tons of cotton lint, of which 6800 tons are Gujarat and 9520 tons are Maharashtra. By December 20th, India's new flower market volume exceeded 1 million 200 thousand tons.
Cotton production in Xinjiang increased substantially over the past year. Xinjiang The total output is 3 million 800 thousand tons. In recent years, the sales of cotton enterprises have been speeding up. Due to the fall of Zheng cotton prices, the spot price of Xinjiang cotton has also started to loose. The spot price quotas of Xinjiang cotton have been reduced by 150-200 yuan / ton, and the "double 28" hand picked cotton wool price quotation of Akesu and Bachu has dropped to 15200-15500 yuan / ton, and the "double 29/ double 30" hand picked cotton wool price quotation has fallen to 15800-16000 yuan / ton. The price of lint declined, and the enthusiasm of producers in textile mills was generally positive.
In addition, the amount of warehouse receipts plus effective forecast warehouse receipts is large, amounting to 133 thousand tons of cotton, while 1701 holding 76 thousand tons, so the warehouse receipt has great pressure on the disk. Zheng cotton main contract continued to fall below the 40 day moving average and the 60 day moving average. The overall trend is still slumped, but Zheng cotton has started technical rebound after a two day crash. It is expected that it will still face technical adjustment in the short term.
For more information, please pay attention to the world clothing shoes and hats net report.
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