The Price Of Cotton Reserves In The Lint Market Is Slightly Weaker.

New cotton picking basically ended, sales increased year by year, new cotton processing increased year by year, sales rose year-on-year.

According to the national cotton market monitoring system, the survey data of 1837 households in 87 counties and cities in 14 provinces and regions showed that as of February 17th, the new cotton harvest in China basically ended; the national sales rate was 96.3%, up 3 percentage points over the same period, representing a 2.3 percentage point increase over the past four years, of which the sale and sale of Xinjiang basically ended.

As cotton continues to decline this week, Zheng cotton and ICE cotton are in a weak position. At the same time, the national cotton store is approaching. Buyers in the market are in a wait-and-see mood.

The price of downstream cotton yarn has been on the rise. According to the price monitoring of the business community, the average price of the 21S cotton knitted yarn of high quality knitted fabrics was 23712.50 yuan / ton, up 0.42% from the beginning of the week, according to the price monitoring of the business community. By February 17th,

Cotton yarn production and sales are good, inventory low, right.

There is still some support.

According to statistics, the domestic yarn production and sales rate was 100.4%, and the annulus ratio increased by 0.1 percentage points, down 0.3 percentage points from the same period last year, 4.2 percentage points higher than the average level of nearly three years, 12.5 days sales volume, 1.6 days reduction, a decrease of 2 days compared with the same period last year, and a decrease of 7.5 days compared with the average level of nearly three years.

In February 21st, most cotton enterprises in Nanyang, Henan, have started work, and local cotton growers have been making inquiries for sale. The purchase price of seed cotton has been stalemate, of which 3 cotton seed cotton (lint cotton grade 3128, seed cotton color grade) purchase price is 3.60 yuan / Jin, white cotton 4 class purchase price 3.55 yuan / Jin, light spot 1 cotton purchase price 3.50 yuan / Jin, light spot cotton 2 grade purchase price 3.45 yuan / Jin.

February 21st local

The quotation is stable, the sales volume is scarce, the inquiry is not many, the quoted price is many.

Among them, the 3128 grade lint price is 16000 yuan / ton, the 4128 class price is 15800 yuan / ton, the 1228 level price is 15600 yuan / ton, 2227 level price is 15400 yuan / ton, of which only 1228 grade lint has a small order.

At present, the local cotton quotes are stable, with only a small number of enquiries, and few customers are purchasing.

On the same day, the price of cottonseed oil was 6600 yuan / ton, cottonseed price was 1.50 yuan / Jin, cottonseed meal price was 3000 yuan / ton, cotton lint price was 6600 yuan / ton, cotton shell quoted price 2800 yuan / ton, cottonseed and cotton short pile were relatively active, and a small number of orders were placed.

With the weakening of cotton prices and the approaching of cotton reserves, according to statistics, more than half of Xinjiang's new cotton has not yet been pported to the mainland, the seller pressure is showing, and buyers are watching more strongly, resulting in a slight weakening of the lint market price.

Downstream cotton yarn market, nearly a month since the domestic cotton yarn rose obviously, but the overall rally is significantly lower.

To a certain extent, stimulating domestic cotton consumption has a certain supporting role for domestic cotton prices.

In terms of overall supply and demand, we still have a look at the quality and quantity of cotton reserves. In view of the relative understanding of many problems in the 16 round, it is expected that the situation will be relatively stable this year and the domestic supply level will be relatively stable.

Generally speaking, cotton market will be dominated by wait-and-see before the coming out of cotton reserves, and cotton futures market is expected to weaken next week.

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