Xinjiang'S Long Staple Cotton Is Stronger Than Expected Cotton Price.

It is understood that in early January, Henan, Shandong, Jiangsu and other places warehouse 2016/17 long staple cotton 137, 237 level quotations were 21800-22000 yuan / ton, 20700-21000 yuan / ton (gross weight settlement).

Recently, long staple cotton purchase price and listing volume have continued to grow, coupled with the slowdown in the progress of replenishment of large and medium-sized textile enterprises in the mainland, and the market quotation of long staple cotton has shown signs of weakness and callback.

Not only did Awati, Kuche, Yuli and other places of the cotton mill's short-term offer and shipping enthusiasm be on the low side, but some traders who entered the market in 11 and December were also caught up. At the moment, they had to rush to move to the landlord consumption area.

An operator in Henan said that by the middle of January, 1500 tons of long staple cotton had been pferred to Henan, Jiangsu and Zhejiang. There were still at least 2000 tons of lint cotton planned to go out in the 1 and February. The average price of the inland purchase was 20200-20500 yuan / ton. The freight cost, the total cost and the cost of the warehouse were calculated, and the cost of the inland bank was no less than 21800 yuan / ton. According to the current paction price in the mainland, the loss was inevitable.

From the survey, as early as January, about 85% of the long staple cotton ginning plants in Awati, Kuche and other places have been closed or finished processing, and seed cotton sale has gradually become deserted. The farmers' income of cotton growing in 2016 has become clearer. It is estimated that the acquisition of long staple cotton will end in late January.

Some organizations and long staple cotton processing enterprises indicated that although 2016/17 long staple cotton has low purchase price due to seed cotton and insufficient purchase funds of ginning plants, the processing, warehousing and public inspection and sales period are lengthened.

There is still a certain amount.

In the cotton mill warehouse and even the cotton growers, but considering the linkage between the public inspection and the direct subsidy in the territory, the error between the public inspection and the actual processing volume will not be very large. Therefore, the output of Xinjiang long staple cotton will be less than 9 in 2016 and the 17-18 tons predicted by some institutions in October, probably only about 150 thousand tons.

Near the Spring Festival, the volume of trading decreased, and the cotton prices of various regulatory libraries in Xinjiang were weakened. The inquiry and paction began to become deserted. The "double 28" hand picked cotton and wool weight quotes were 15200-15400 yuan / ton in the southern Xinjiang platform, and the gross weight of the "double 29/ double 30" machine picked up in North Xinjiang was about 15500-15600 yuan / ton.

After a round of storage, considering that the country started throwing stores in March next year, it is now approaching the Spring Festival.

In December, the amount of imported cotton will be more than ten million tons. In addition, Xinjiang cotton shipped 477 thousand tons in December, plus real estate cotton. Therefore, it is expected that in January, the cotton resources in the mainland will be rich, and the spot price of lint will easily fall.

In March of next year, the market will be faced with pressure on the supply side.

The auction price will be based on the difference between the inside and outside cotton price as the benchmark price, when the lower reserve cotton paction price will lower the average price of the market, so the reserve cotton will also have a certain pressure on the future market cotton price.

In the next few months, Zheng cotton will gradually be exposed to the pressure of selling cotton reserves, but today the black line is rising to drive the overall commodity atmosphere.

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