The Festive Atmosphere Of Cotton Spinning Market Is Also Gradually Strong.
Cotton mills and traders are lowering the price of spot enquiry and replenishment again. Although many manufacturers plan to take a vacation around January 20th, the upstream has already entered the rhythm of vacations ahead. The downstream textile and light industries such as Jiangsu and Zhejiang and Guangdong have been closed down for a while, and yarn sales are not satisfactory.
It is estimated that after the Spring Festival, the price of the "double 28" Xinjiang cotton bank will fluctuate within the range of 15800-16300 yuan / gross (gross weight). Middlemen and hype are hard to enter. In 2017, the planting area of cotton will grow globally, and there will be a pressing effect on ICE and Zheng cotton.
In January 12th, the the Yellow River River Basin real estate cotton 3128C2 supervision Treasury quoted 15200-15300 yuan / ton of goods, and the Jiangsu real estate cotton 3127/2127C2 public offer 15100-15200 yuan / ton, equivalent to the gross weight quote of about 15500-15600 yuan / ton.
At present, the net weight of S-6, SM 1 5/32 and other bonded warehouses in Zhangjiagang and Shanghai is about 15800-16000 yuan / ton, slightly higher than that of real estate cotton at 200 yuan / ton.
Several textile enterprises in Jiangsu indicated that there are shortcomings in this year's cotton production in the Yangtze River Basin, such as short fiber length, large horse value and poor consistency. It is more difficult to mix cotton with 32S or more combed yarn.
According to the usual practice, the import quota of cotton within the tariff 1% will be distributed in January in 2017. In the case of the US cotton shipment and the arrival of Hong Kong in a more obvious delay than in previous years, the low price India cotton pition is in line with the current situation.
Spinning enterprises
Needs.
Recently, the main contract rebounded and the cost of cotton enterprises support, the domestic lint spot remained stable, even so, facing the outside cotton is still under pressure.
After the Spring Festival, the cotton reserves are coming soon. Many cotton traders and traders are looking forward to selling their stocks before the festival. After the holidays, sales may be even more uncomfortable. Perhaps this year's Spring Festival will not be too comfortable for many cotton enterprises.
In 2017, the yarn raw material inventory of the Loom factory has been in a low position. As far as possible, the funds have been reduced.
In view of the fact that most of the cotton mills only need to be formally ordered and sold before and after the first fifteen months of the month, only a small amount of replenishment is needed before the factory starts.
Since mid December, India, Pakistan, Vietnam and other cotton yarn spot, "futures yarn".
offer
Strong rise, a small number of domestic cotton mills seize the opportunity to rush, in line with
Destocking
A good idea of the new year, the C21-40S yarn quotation is lower than the market price of 300-500 yuan / ton sales, some middlemen bargain inventory, gamble gambling in the middle and February cotton yarn market start a good start.
In 1-3 months of 2017, the number of Xinjiang's pportation in Xinjiang will rise, and the reserve cotton will begin to turn out in March 6th. India cotton, American cotton, Ukrainian cotton and West African cotton can not be underestimated in the international market. Therefore, foreign businessmen and traders believe that domestic cotton market prices in 2-3 months do not have the conditions for a big rebound.
With the help of this "reassurance" of cotton reserves, cotton enterprises will continue to buy and use as much as they want.
For more information, please pay attention to the world clothing shoes and hats net report.
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