Cotton Prices Are Falling Rapidly After Cotton Companies Are Worried About The Country's Cotton Reserves.

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.

As most of the textile companies are waiting for the auction of national cotton reserves, it is estimated that the paction price of national cotton will not be too low at the early stage of dumping, but it will give the market a little support. Therefore, it is not too pessimistic to predict the market in the early stage of dumping.

Pakistan: Recently, the number of new flower listing in Pakistan has dropped sharply, and only a few cotton ginning plants have started.

Seed cotton price 83.75-93.75 rupee / kg, new cotton

The delivery price is 6700-7050 rupees / mod.

The current focus is on cotton planting in Pakistan next year.

In the southern part of Sindh province, the weather was warmer and better for cotton growers (usually beginning in early March). At the same time, the agricultural sector of Punjab issued a ban to prohibit cotton farmers from planting seeds in early April 15th (to avoid pests and diseases in cotton fields).

There are signs that Pakistan's cotton planting area will increase by 5-10 percentage points next year due to factors such as cotton price support and government support.

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 in Gujarat and 955 thousand tons in Maharashtra.

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.

In the near future, the upstream cotton producers and traders will increase the intensity of the pportation of cotton, and enterprises will be more worried about the drop in cotton prices after throwing and storing. The sales will be greater, and 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 the popularity of high quality cotton is the recent.

Hot spots, North Xinjiang local cotton enterprises 3128/3129 (fracture strength 27CN and above) machine picking cotton price 15500-15700 yuan / ton.

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.

Before commodity cotton turnover inventory is still around 2 million tons, the market pressure, warehouse receipts and effective forecast warehouse receipts larger volume also shows that the cotton holding enterprises worry about before throwing the store, and spinning enterprises before selling, mostly with the use of buying, reluctant to bulk up goods.

In the first week after the holiday, the price of the Australian wool market also rose as a result of the rising Australian dollar exchange rate. The number of wool top manufacturers increased by more than 2000-3000 yuan / ton. The mainstream market of 70s Australian wool self comb articles in Jiangsu area was reported to be around 111000 yuan / ton. However, because the downstream operation has not yet resumed, the market purchasing atmosphere is relatively light, and the turnover is mostly small.

The post Australian dollar exchange rate is stable and the price of wool tops the same.

In February, the market of winter clothing coats in Pu Yuan market was light, and the wool yarn market was equally handed. Compared with that, the volume of Australian nitrile yarn is still good, especially the sales of 30/70 of the high count yarn of Australia nitrile. The price of 52S is 64000 yuan / ton, and the mainstream quotation of 48S market is 53900 yuan / ton.

At present, the market of Pu Yuan woolen yarn has a steady adjustment trend.

At present, the sales of thick sweaters are basically over. As the temperature gets warmer, the sales of thin sweaters will occupy the mainstream, and the demand will gradually slow down. It is expected that the price of wool tops will be a smooth pition next month.

Pay attention to the Australian dollar exchange rate.

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