Domestic Cotton Reserves Are Coming Out Soon. Textile Enterprises Are In Good Condition.
Near the national cotton store, the new cotton sales pressure has increased. Cotton prices have dropped after the cotton enterprises are worried about the national cotton reserves. The current sales will be greater. The sale of the 3128 class real estate cotton in Hebei and other places is priced at 15500-15800 yuan / ton (gross weight from mentioning, with tickets), and the 4128 level is 15000-15300 yuan / ton. The 3128 grade Xinjiang cotton sale price in the mainland is 16500-16700 yuan / ton, down 100-300 yuan / ton compared with last week.
On Monday, Zheng cotton contract was at a high concussion. After the opening of the main contract, there was a high concussion. The early price was slightly higher, and the price of the late trading rose. The position of Zheng cotton increased slightly to 399 thousand.
Pakistan: the impact of the NYSE period and the shrinking of the domestic new flower market, cotton prices in Pakistan still have no signs of decline, the textile enterprises choose to watch or follow the purchase, the domestic cotton market is cold.
In terms of imports, recent Pakistan
Spinning enterprises
Signing a few thousand tons of Mexico new cotton, M class 1-1/16 price spilled 1712 contract 425 points, M class 1-3/32 price slightly higher.
India: according to India's Cotton Corp (CCI), as of February, 22 Japanese New Year's new flower market in India totaled 3 million 443 thousand tons, including 806 thousand tons of Gujarat and 955 thousand tons of Mahara tra.
This year's listing is still nearly 110 thousand tons behind the 3 million 553 thousand tons of the same period last year.
It is understood that tren gaina is the main reason for dragging on the stock market. The current listing rate of the company is nearly 44 percentage points lower than that of the previous year.
Close to dumping, upstream
Cotton enterprises
Traders and pport enterprises have intensified their efforts to pport cotton.
Throw store
There is a greater concern about the decline in cotton prices, and a greater willingness to sell, while the upstream textile enterprises have great hopes for the reserve cotton. At present, the purchase is mostly used with the purchase, and they do not want to store more goods. But now the popularity of high quality cotton is a hot spot in the near future. In the northern Xinjiang, the local cotton enterprises 3128/3129 (break ratio 27CN and above) pick up 15500-15700 yuan / ton of machine picked cotton.
According to the inventory survey of 196 warehouse members in 18 provinces and municipalities in China, the total inventory of cotton turnover in the whole country was about 2 million 481 thousand and 100 tons at the end of January, which was reduced by 272 thousand and 700 tons from the previous month. It is speculated that the turnover of commodity cotton turnover is still around 2 million tons before dumping, which is a great pressure on the market.
In recent days, the downstream replenishment textile enterprises still have procurement, but the stockpiling mentality is not enough. At present, there is a week left from the reserve cotton mill. It is expected that the detailed rules will be announced this week, and many textile enterprises are waiting for the sale of State Cotton stores.
However, the closer the market is, the more variable the market variables will be. Therefore, it is suggested that prudent operation should be made before the announcement of the dumping policy.
The relevant people of the National Research Center said that the L growth of China's economy is expected to change from "one vertical" to a relatively stable one. In 2017, China's economy can achieve the growth of the predicted stable range, showing a slight decline in investment growth, a steady growth in consumption and a negative turn in exports.
This week, the central bank opened a net market of 155 billion yuan, ending the net return of the four weeks, but the Shibor interest rate continued to rise for 7 days. The market funds remained tense. Monetary policy reflected risk prevention and leverage to support the real economy.
For more information, please pay attention to the world clothing shoes and hats net report.
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