It Is Still A Big Problem For Xinjiang Cotton Enterprises To Rush To Move Stocks.
With the rising temperature, Xinjiang cotton sales have reached the most critical time.
A person in charge of a factory in Akesu, Xinjiang, said that the cotton processed in 2016 has sold 70%, and the remaining 1500 tons are waiting for sale.
However, due to the launch of the national cotton mill, it will also start in March 6th, leaving the time for cotton enterprises to sell.
According to the attitude of cotton enterprises and cotton merchants in the southern and northern part of Xinjiang, most of them strive to reduce inventories as far as possible before the national cotton store goes out.
At present, the main body of Xinjiang market has two main tasks:
First, intensify the pfer of resources to the mainland.
"Cotton can not be pported, everything is in vain."
Just as some market participants say, at the moment, it is the raw material of textile enterprises in the mainland to maintain low inventory and less rice.
It has a great negative impact on Xinjiang cotton sales.
The market participants said that the cost of motor vehicle pportation between Xinjiang and the mainland was slightly lower than before the Spring Festival, but the pport capacity was still insufficient.
As of February 15th, the cost of pportation between Akesu and Jiangsu was 1150 yuan / ton, the pressure of railway pportation was relatively high recently, and the difference between supply and demand of wagon was 2-3 times.
Second, prices have eased slightly.
In February 15th, Akesu, Kashi, Korla and other three cotton areas in the southern Xinjiang "double 28" hand picked cotton platform pick-up price 15800-16000 yuan / ton (gross weight, including tax), unchanged from yesterday.
Some of the better quality "double 29" and "double 30" hand picked cotton platforms offer a price of 16200-16300 yuan / ton, but the price fluctuates little.
In addition, the northern Xinjiang 3128 stage machine picked up cotton platform pick up price 15300-15400 yuan / ton, the price has 100 yuan / ton floating.
"Mainly look at the purchase intention of downstream, and the price is not the last thing the sellers has the final say."
In February 15th, a cotton trader said that the recent large-scale textile enterprises had basically stopped purchasing stock, mainly for waiting for the national cotton store.
In order to go
Stock
To attract customers, a small number of cotton enterprises, especially those in the mainland, have rushed to the warehouse at the same time as they are stepping up their storage. They even said that as long as cash is available, the price can be negotiated, so they can generally give 200 yuan / ton space for negotiation.
"Cotton prices will definitely drop slightly before the national cotton store goes out.
But if the boots really come down, the cotton price may still go up.
Some market participants said that the spot price followed the futures price obviously. In the near future, Zheng cotton was fluctuating in the range of 15500-16000 yuan / ton.
However, after the national cotton mill went out, the profits will dissipate and cotton prices will rise again under the tight supply and demand pattern and market speculation.
Xinjiang
Textile enterprises began to start from the beginning of the first seven of the month, the current start rate has been restored.
Due to the rise in cotton prices after the Spring Festival, some textile companies regret that they have little stockpiling before the Spring Festival, and now they have to increase procurement costs.
However, this year's quotation is also a good start for the cotton mill. Although the price of the upper reaches of cotton is about 200 yuan / ton, it will soon be pmitted to cotton yarn. At present, the price of cotton yarn is more than 200-300 yuan / ton, and it will soon be accepted by the market.
The industry believes that this is due to the coming of the peak season, more orders for downstream factories, and tight sales of cotton yarn.
Some cotton traders with high market sensitivity have been "up" after the Spring Festival. They believe that after the Spring Festival, prices are expected to rise.
The head of a Xinjiang cotton mill said that the supply of cotton yarn was in short supply, and the order had been placed for 1 months.
Although the peak season is beginning to show, in March, the cotton spinning wheel is getting closer and closer.
The supply of cotton will increase significantly after the rotation, and it will be adjusted on the existing supply pattern.
Cotton price
There is a possibility of another decline.
This is probably one of the reasons why Zheng cotton has been unable to go down again.
But confidence in the market has been boosted, supporting cotton prices.
Textile enterprises believe that as long as the downstream orders can be maintained, even if the price of cotton has a certain concussion after the launch, the overall business situation is expected to be better than last year.
For more information, please pay attention to the world clothing shoes and hats net report.
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