The Sale Of Cotton In Real Estate Is Changing Rapidly.

Last week cotton market reversed, bringing pressure to the market participants who were full of confidence.

According to the feedback from some enterprises in the Yellow River Valley and cotton traders, the spot sale of real estate cotton is on sale.

Two days of ice and fire.

Many cotton enterprises and cotton traders in Hebei, Shandong and Henan believe that the cotton futures in the near future are somewhat cooling down, and the dream of spot rise may be shattered.

"These days, the manufacturers who sell cotton are reluctant to sell. They also look for buyers everywhere and plan to ship them."

In March 13th, a person in charge of a cotton enterprise in Dongying, Shandong, said that due to the drop in turnover rate and the increase in the price range, there was no small psychological pressure.

At present, the company still has about 110 tons of grade 3, 4 cotton spot, fiber length 27.5-28 millimeters, horse value B2 accounted for about 70%, the rest are C2, B3, strong about 27.5.

They are actively looking for buyers because they are worried about cotton smashing their hands.

Some have moved to the mainland for Xinjiang cotton enterprises.

Traders and traders showed that at present, Xinjiang cotton has two ice and fire days.

Some middle and low quality Xinjiang cotton are unsalable and their prices are falling.

In March 13th, a cotton trader in Cangzhou, Hebei said that the current low quality Xinjiang cotton outlet price dropped by 100-150 yuan / ton compared with last Friday, of which 2227 grade hand picked cotton warehouse price was 14500-14600 yuan / ton, 4128 class 15300 yuan / ton.

Because the medium and low quality cotton and the reserve Xinjiang cotton do not have an advantage in fiber length, horse value and strength, cotton enterprises are more willing to buy cotton reserves.

High quality Xinjiang cotton is still hot.

"Now basically can not see the source of goods, on the one hand may be hidden by traders, on the other hand, may be very little supply."

Some market participants said that as of March 13th, the Yellow River's Xinjiang "double 29" / "double 30" hand picked cotton price was 16700-16900 yuan / ton (gross weight and pick up), up 100 yuan / ton compared with last Friday.

There are even some traders, textile enterprises, as long as they want.

Okay, it doesn't matter if the price is higher.

The head of a spinning enterprise mainly producing high count yarn said that at present, the common feature of reserve cotton and real estate cotton is large quantity and low quality. For the production of 40S and above yarn, it is generally necessary to use high-quality cotton or Xinjiang cotton.

Although the demand for high quality cotton exists, but after all, it does not occupy the mainstream of the market. With the cooling of the reserve cotton wheel, confidence has been discounted, and many manufacturers are worried that the price of cotton will begin to fall in this year.

It is also understood that the recent cottonseed market is not good. As of March 13th, Shandong, Xiajin, Wucheng and Hebei Dongguang, Quzhou and other places cotton seed loading price 1.43-1.48 yuan / kg (gross seed oil content 11.5%, water 12%), compared with last week fell 0.02 yuan / kg, indicating cottonseed oil is cooling.

The high inventory level has not significantly suppressed domestic spot prices.

The main reason is that the prices of cotton and spun forward goods in India and Vietnam are far higher than the domestic spot market, forming a reverse hang up and a deep reversal, which leads traders to be unable to sign long-term shipments. It is estimated that the spot supply of imported yarn will be significantly reduced in the next 2-3 months and support for spot prices.

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