Lint Prices Are Generally Weak, Xinjiang Cotton Prices Are Difficult To Rise Or Fall.

The price of lint cotton in Akesu, Korla and other places in southern Xinjiang is generally weak, and the ups and downs are all difficult.

First, in February 23rd, a "double 28" hand picked cotton price of 15650-15750 yuan / ton (delivery price and gross weight settlement) in a factory in Korla was reduced by 50 yuan / ton compared with yesterday, while some cotton enterprises with slightly inferior quality were reduced by 100 yuan / ton, for example, the 3128 grade hand picked cotton price of the factory was 15300-15400 yuan / ton, 3127 grade 14900 yuan / ton.

"Originally intended to lower prices, but for cash reallocation can only be reduced slightly to attract customers."

The head of the plant said that due to cost factors, they will continue to stick to the present.

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Second, the number of mainland businessmen who came to inquire, buy goods and buy goods in Xinjiang has been significantly reduced, and even some of the existing intention contracts have been temporarily suspended.

In February 23rd, a head of a business in Shihezi, Northern Xinjiang, said that most of the sales of machine picked cotton in the northern Xinjiang group had come to an end or end, while some real estate enterprises were selling 75-85% by hand, and some cotton was still in the hands of cotton enterprises.

On the one hand, due to the decrease in the number of merchants from the mainland, the enterprises have stepped up the pfer to the mainland. On the one hand, they call the cotton enterprises to sign contracts for purchase and sale.

Some market participants said that because of the upcoming launch of the national cotton store, the mainland textile enterprises were already "no north and North".

Apart from the price, the recent market divergence in Xinjiang cotton market is mainly manifested in:

First, right.

After coming out of the market, there are two kinds of opposite views.

One view is that after the national cotton spinning, Xinjiang cotton spot will certainly be affected, prices or small decline, sales will also be blocked.

According to the number of national cotton reserves above 9 million tons, the huge supply is the main resistance.

Another kind of understanding is completely opposed. It is believed that when the national cotton store goes out, the boots will come to the ground. Xinjiang cotton will be welcomed by the market because of its good quality, and the price will rise sharply.

Two different views, mutual strength, so that the recent ups and downs are difficult, prices narrow oscillation.

Second,

There is a big difference between hand picked cotton and machine picked cotton.

At present, due to the small quantity and high price of hand picked cotton, some mainland textile enterprises have shown a hesitant attitude.

But the recent acquisition of machine picked cotton is more intense.

In February 23rd, a person in charge of an enterprise in southern Xinjiang said that in recent years, many large textile enterprises in the mainland were purchasing cotton by hand, and sometimes a single business reached 4000-5000 tons, which surprised the market.

However, according to market analysis, there will be a certain gap in quality cotton this year, especially in this year, the cotton stocks that can spin 40S and above cotton yarn will be larger.

In addition, the quantity of imported cotton arrived in February is not large, so it is very likely that high quality cotton will continue to rise continuously after the national cotton mill is out, which will also bring opportunities to some market players.

As a "frontier" area, the Xinjiang Uygur Autonomous Region relies on its geopolitical advantages and advantages in cotton resources to build the largest cotton production base and important textile production base in China. Under the support of national policies, it actively inviting and attracting investment and gradually making the major garment industry.

In 2016, the export of textiles and garments in Xinjiang was unique. Its export volume reached US $5 billion 240 million, ranking eighth in the whole country, an increase of 16.2% over the same period last year, of which clothing grew by 19.5% over the same period last year.

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