The Negative Factors Of Cotton Market Restrict The Rising Space Of Lint.

Recently, the domestic cotton spot market is just like this weather, and there is a cool feeling.

Overall, the spot market was slightly stable, but there was a slight drop in the local market.

We believe that the recent negative factors in cotton market have restricted the rising space of lint and partial price has continued to decline slightly, but the space is limited.

Futures prices fall, the overall negative market.

The US dollar is strong, the cotton market lacks direction, and because investors settled many positions, the price of US cotton fell last week, and the price of Zheng cotton also stagnated.

As of December 26th,

Southern Akesu, Kashi and other places "double", "double 30" platform delivery price of 16000-16200 yuan / ton, machine picked cotton 3128 platform delivery price 15400-15500 yuan / ton, the overall level.

However, with the end of the end of the end of the textile industry, the price of cotton in the territory has already dropped sharply. So far, the industry has lost sight of the trend of cotton in recent years.

Kuitun's "double 28/ double 29" machine quotes the gross weight of cotton picking to 15300-15400 yuan / ton, down 200 yuan / ton compared with the middle of December.

"Double 30" machine picked cotton wool price quotas also reduced from half a month's 15800-16000 yuan / ton to 15500-15600 yuan / ton, and the difference between quotation and paction is getting smaller and smaller.

A trader in Henan said that it planned to purchase 400-500 tons of "double 28/ double 29" machine picking cotton before the Spring Festival, but the enthusiasm of the cotton processing enterprises and traders in Northern Xinjiang could not afford to buy the buyers. Some cotton enterprises in Hutubi and Changji even reported the cost price to promote the paction.

Some ginning plants in Kuitun, Shawan and other places reflect the northern part of 2016/17.

Although the sales progress of machine picked cotton is obviously lagging behind the Corps, it has to take the lead in the three major cotton regions of Akesu, Kashi and Korla in the southern Xinjiang. The buyers are mainly foreign-owned and mainland Cotton Traders (mainly through the "Zhengdian" contract of zhengmian main contract) and textile mills.

As of late December, only 10-20 batches of lint (about 400-1000 tons) were left in a large number of ginning plants, and there were not many cotton gowns in the 25 batches of cotton lint. Even a few of Shihezi's ginning plants even planned to clear the warehouse and recover the money during the Spring Festival.

According to the survey, the machine picked cotton stored in the ginning mill is mainly "double 29/ double 30", and the horse value and other batches of spinnability are better.

At present, no matter the spot sale or the main contract hedging, cotton enterprises have no profit or even 200-300 yuan / ton loss. The higher the cotton grade, the better the quality, the lower the selling price.

As of last Friday (23), Zheng cotton 1701 contract closed at 15150 yuan / ton, compared with the previous week 15735 yuan / ton fell 585 yuan / ton, Zheng cotton rose fatigue, the latter is still showing a weak trend, the bearish spot market.

Stagflation fell and adverse spot prices.

As of 26, the purchase price of seed cotton in Akesu, southern Xinjiang, 7.05-7.25 yuan / kg (lint 38%-39%, moisture regain 12%), according to vendor feedback, the recent cotton seed price center dropped by 0.1 yuan / kg, dragging the spot market.

In addition, local seed cotton in the mainland also showed signs of decline.

According to the ginning factory in Shandong, Hebei and Hubei, the price of seed cotton is at 7.2-7.8 yuan / kg in recent 3-4 days, and the price center of gravity dropped by 0.15-0.2 yuan / kg.

Xinjiang pport capacity gradually eased, textile enterprises Procurement cautious.

In the early December, the tight pport capacity in the early stage of Xinjiang has been gradually relieved, and the possibility of gradual smooth pportation in the future market is more likely to add adverse effects to the lint market.

Moreover, Xinjiang cotton picking has been accelerated and basically finished. The processing capacity has accelerated in December.

As of December 25th, Xinjiang cotton processing capacity exceeded 3 million 500 thousand tons, and the national cotton processing volume has exceeded 3 million 630 thousand tons.

Domestic supply showed a very sufficient situation before the launch of the cotton reserve in March 2017.

At present, most textile enterprises have already stocked a certain stock of raw materials, and the purchasing intention in the short term will decrease.

The reserve cotton wheel will soon be on the way, and some of the ginning plants will increase their sales price.

In 2017, the sale and sale of cotton reserves will start in March 6th. As at the end of August, the number of daily sales will be temporarily suspended by 30 thousand tons.

From this point of view, the sale period left to the market is only 2 months. The pressure of factory sales is increasing, and cotton enterprises are actively shipping, so as to ensure that the inventory is consumed before the rotation. Some manufacturers also reduce the price of lint sales.

Prices continue to fall.

On the whole, although the stock preparation for spinning enterprises is coming to an end, but due to the recent selection and closure of some cotton ginning plants in various parts of the country, the processing of the ginning mill is being affected. The cotton stocks in the hands of the manufacturers are still relatively tight. Most of the ginning plants still have a psychological price, supporting the spot market of the lint, or restricting their falling space.

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