The Spot Changes In The Yangtze River Basin Are Bigger: The Impact Of Throwing The Policy Is Not Small.
Recently, prices of high quality real estate cotton in Hubei, Anhui and other places in the Yangtze River Valley are stable, while individual low quality cotton prices have dropped.
Wuhan, Hubei, a 200 cotton business person in charge said that the current 3 grade small cotton price of 15000-15350 yuan / ton interval, due to poor consistency of indicators of small cotton, cotton enterprises purchasing enthusiasm is not high; 4 grade small cotton price 14300-14500 yuan / ton interval, recently small packet cotton fell 100 yuan / ton.
According to a market person, "the key is that after the rotation of cotton reserves, the cotton enterprises will no longer care.
Real estate cotton
。
At the moment, whether it is spinning enterprises or traders, even a lot of cotton enterprises are also involved in the auction.
As of March 8th, although the dumping and storage temporarily affected part of the spot, but in the long run, spot or benefit from dumping.
According to a person in charge of an enterprise in Yancheng, Jiangsu, "the seeds are not ready to sell at the moment, and the seed cotton has been stopped."
On the same day, the grade 3 bales of the company was priced at 15900 yuan / ton (fiber length 28 mm, horse value B2, strength CN27.5), unchanged from yesterday.
But other inferior quality cotton prices fell slightly, the company produced 4 grade cotton (27 millimeters long, horse C2, strong CN27) price of 15100 yuan / ton, compared with yesterday fell 100 yuan / ton.
According to the director of a textile enterprise, from the auction reserve cotton, first, the quality can not fully meet the needs of enterprises.
The company mainly produces high count yarn in 40-80S. The production cotton must be matched with some new cotton and some Australian cotton in 2016. The proportion of cotton reserves is about 60%.
Second, the characteristics of reserve cotton and old cotton make some low and medium yarn manufacturers choose to use cotton with new season cotton.
Many small and medium-sized textile enterprises responsible person said Chen cotton generally strong low, dark color.
collocation
The quality of cotton yarn can only be guaranteed after the new season real estate cotton.
For the market, the quality of cotton is better than that of cotton. The cotton with inferior quality may be unsalable by the impact of cotton reserves.
Even some large business executives said that the focus of cotton prices will continue to move up in the next 3 years, which will usher in opportunities for the development of enterprises.
In the past 2017-2019 years, cotton cultivation or rebounded in the mainland.
This year, the stock of cotton was significantly higher than that of last year. In addition, the 16400 yuan / ton upper limit of pressure on the retaining plate, Zheng cotton did not have the conditions for a substantial increase.
At the same time, the downstream centralized replenishment warehouse superimposed the arrival of the textile peak season, and the turnover of cotton reserves will not turn pale for a while, and cotton prices will also decrease.
According to the calculation of 30 thousand tons per trading day, the state put 600 thousand tons of reserve cotton into the market in March, equivalent to the domestic cotton consumption in 1 months.
The reserve of cotton is popular.
Throw store
The first day's bidding was fierce, and the 30 thousand and 200 ton volume was all sold.
Promoted by this, Zheng cotton main contract closed up 545 yuan / ton, add more than 80 thousand positions.
For the latter trend, we believe that the cotton price rise is not sustainable, and the fundamentals do not support its sharp fall.
According to the survey data of China Cotton Association logistics branch, as of January, domestic cotton business inventories were 2 million 678 thousand tons.
In the absence of new cotton market and consumption of 600 thousand tons in February, the supply of cotton in March was about 2 million 600 thousand tons.
Compared with the initial period of last year, about 1 million tons.
Last month, 2-4 months, domestic cotton monthly average industrial stocks were about 300 thousand tons, and before this year, more than 600 thousand tons of cotton industrial stocks were left.
Coupled with the difference in industrial inventories, the gap between supply and output of early last year was greater than that of the beginning of this year.
For more information, please pay attention to the world clothing shoes and hats net report.
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