Cotton Prices Decline: Large Number Of Industrial Enterprises Stop Production

For the recent decline in market prices, some analysts believe that fog and haze are mainly affected by the fog and haze. The concentration of printing and dyeing factories in North China has been concentrated on production. This has caused cotton textile enterprises to be affected. In addition, the downstream demand is weak this year, and the price of cotton textiles has been hanging upside down. This has led many downstream enterprises to adopt the plan of buying and selling, and no large-scale inventory has occupied funds, which has affected cotton prices.

This week, along with cotton The harvest is coming to an end, there is no large-scale purchase inventory plan for downstream enterprises, and cotton prices have dropped considerably in recent years. In addition, in order to cope with haze weather, a large number of industrial enterprises stop production, and also affect the prices of some varieties. On the 23 day, the main price of cotton futures closed at 15150 yuan, while the weekly decline was 3.72%, and the total price fell 8.5% in the past 6 weeks.

Judging from the spot market, Xinjiang seed cotton is now in the market. Acquisition progress More than 95%, cotton growers' income is better than that of the same period last year, but the profit of the cotton mill is relatively small. As of 23 days, in the black varieties, the main iron ore futures closed at 548.5 yuan, a sharp drop of 7.27% during the week, and the main part of coking coal futures closed at 1248 yuan, while the week fell slightly by 0.95%, but within 15% months, coke futures closed at 1646 yuan, while the weekly decline was 5.92%.

The market generally believes that the current black raw material market is a cyclical trough. The earlier price rise is due to the short supply mismatch, but as the supply keeps up, the price fall is inevitable. This week, North China to cope with large areas of fog and haze, a large number of coking enterprises, iron and steel enterprises to limit production, stop production, market demand has greatly weakened.

It is worth noting that the price of rebar futures dropped to 2984 yuan this week, down 9.38% yuan, or 9.38%. Analysts believe that, on the face of it, environmental monitoring and haze brought about a reduction in production, limited production and more steel prices. The central economic work conference conveyed that the information on capacity policy in 2017 is also the price of Lido steel, but the price is too high in the early stage. With the cost of raw materials decreasing, the price of steel and iron has a need for callback in the short term.

Xu Xiangchun, chief information officer of "my steel network", thinks that from this year's industrial production situation, we must vigorously crack down on the strip steel and medium frequency furnace, which will affect the price of steel. This part of the capacity will be the focus of production capacity in 2017, which will play a very important role in the quality of the whole industry and steel products.

Last week, futures lint continued to fall, and spot prices fell steadily. Cotton lint Continue the downtrend. The price of cottonseed raw materials has fallen, which has dragged down the market of cotton lint. The price of imported cotton lint is still low, and the impact on the cotton lint in the mainland is still low. In addition, the environmental protection has been severely investigated. The operation rate of the chemical fiber factory and the refined cotton plant is relatively low, and the purchase is prudent, which restricts the development of its market. However, the current operating rate of oil and cotton plants is not high, and the supply of cotton short linen is relatively limited, which also has certain support for its market, so that its ability to withstand falls remains. Preterm cotton lint will remain weak.

In December 25th, the quality of cotton short staple in Shandong province was quoted at 6300-6800 yuan / ton line, 200 yuan / ton lower than the previous week; Hebei food grade cotton lint high to 5800-7300 yuan / ton, partial reduction of 100 yuan / ton, the price is no market, the quotation is more chaotic; Henan cotton short staple price is 6200-6600 yuan / ton, more chaotic, less turnover; Shanxi quality better price 6300-6600 yuan / ton, flat, price without market.

Hubei's food price quotations are 6200-6400 yuan / ton, local food grade cotton lint short price to 6600 yuan / ton, less goods holding price, less turnover, Shaanxi food grade high price to 6300-6400 yuan / ton, partial not landing food grade cotton lint high price to 7000 yuan / ton, there is no market price; Jiangxi price is reported to 6600 yuan / ton, flat, price without market; Xinjiang area quality better cotton short staple price to 6400 yuan / ton, low 5500 yuan / ton, goods less holding price.

For more information, please pay attention to the world clothing shoes and hats net report.