Cotton Prices In Henan, Hubei, Shandong And Other Mainland Markets Remain Weak And Stable.

Since the end of December, ICE and Zheng cotton have continued to rebound. The CF1705 contract has rebounded to 15300 yuan / ton from a low point of 14600 yuan / ton, and the enthusiasm of the mainland textile mills and middlemen from the futures warehouse receipts has declined, the spot has stabilized, and the ginning factory and bull confidence have recovered.

After the new year's festival, the "double 28" hand picked cotton warehouse gross weight pick up price 15800-16000 yuan / ton, the "double 29" hand picked cotton wool to reclaim the price of 16100-16200 yuan / ton; and the warehouse of the "double 28/ double 29" cotton picking warehouse in Northern Xinjiang, Shihezi, Kuitun and other places quoted 15500-15800 yuan / ton, the buyers and sellers are in a weak equilibrium state.

Recently, the price of cottonseed and cotton has declined a lot.

The cost of surplus cotton in processing enterprises is rising continuously, the margin of production and marketing in some enterprises is expanding, and the global commodity is still in the rebound period, and the market is reluctant to sell the mood.

As at the end of December, the price of light seeds in Xinjiang cotton seed mill was reduced to around 2.45 yuan / kg, down from 0.05-0.10 yuan / kg in early December.

Akesu, Korla and other places a few cotton enterprises lint cost increased to 15500-15800 yuan / ton, and the current regulatory library "double 28" hand picked cotton pick up price is only 15200-15400 yuan / ton.

Recently, in addition to the higher proportion of acquisition and processing of the 200 small factories in the mainland, a large part of the 400 type factories were forced to reduce or stop the harvest. Due to the approaching Spring Festival, the purchase price of seed cotton was lower than expected, and with the reduction of the cotton mill opening scale, some farmers in Shandong, Hebei, Hubei and other places planned to stay in cotton for the new year, and the whole seed cotton acquisition, lint processing and sales market moved ahead of the vacation rhythm ahead of schedule.

One is

Cotton main contract fell below 15500 yuan / ton, cotton futures have to be on the spot, and the ginning factory has no chance of hedging in the market; third, since December, Xinjiang cotton has significantly increased its shift to the warehouse, and the pition from "tight supply and demand" to "oversupply" in the internal market has been promoted. Some cotton traders have been selling cotton stocks in a spot, and futures prices have been pushed up at the price of 200-300 yuan / ton below the spot market, and the spot selling of warehouse receipts has been made. (because the electronic disk has fallen more than the spot market, and the drop space is nearly 1000 yuan / ton. Therefore, the foreign businessmen and traders who have made the guarantee have adopted the "flat air single, selling spot" operation), which has greatly stamped the confidence of the spot market and cotton enterprises. The 400 type ginning factory not only has no profit but loses money, and the second is Zheng.

After the new year's day, there are many reports that the market is going to be in a slump, and some of the lower grey mills are planning to stop working in advance. It is understood that in the recent grey market, whether it is a single order or a single order, the quantity of the order is more than 10 thousand -2 meters, and the weakening of the downstream market demand will undoubtedly bring more pressure to the yarn sales of the textile enterprises before the Spring Festival.

It is understood that the overall sales of yarns in Hebei, Shandong and Henan provinces are mainly based on conventional mainland goods. The sales of mid and low-end yarns are maintained at the overall level in December. The price has flexible space to adjust according to the quantity. Although the price of the high-end market is down, the sales volume has dropped somewhat earlier.

According to feedback, the price of raw materials fluctuates more frequently.

The price is very disorderly, and the price difference is different because the manufacturers are different according to their actual conditions. Generally speaking, the yarn Market in Hebei is generally higher than the Shandong market. For example, T65/C35 45S yarn, a factory in Hebei quotes 18300 yuan / ton, and a factory in Shandong quotes 17800 yuan / ton, and there are different reasons such as quality and location, resulting in a difference of 500 yuan per ton of yarn. However, there are different customer groups. Although the price is different, the buyers in the downstream can generally ensure that the quality of the buyers is stable, so the price will not be changed easily as long as they can afford it.

Pure cotton yarn has always been a weak sale. The uncertainty of raw materials has led to more control over the number of stocks by the spinning enterprises, and more storage rather than stopping. Most enterprises are more or less in the vicious circle of vicious circle at this stage.

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