The "Double Drop" Of The Reserve Cotton Volume Price Causes The Market Fluctuation.

The turnover rate of reserve cotton fell to 76.10%, and the average price was 14848 yuan / ton, down 57 yuan / ton compared with the previous day.

The "double down" of the reserve cotton volume will cause market volatility.

It is understood that recently, many textile mills began to retreat, or postponed the footsteps.

This is also the market rule of "buying up but not buying".

Textile enterprises: we need to slow down some steps.

Some textile factories in Hebei, Shandong and Jiangsu are no longer as eager and calm as they were in the past few days.

On the 15 day, a Shandong textile enterprise mainly produces 60S and below.

70% reserve cotton can be used.

Up to now, the plant has been bidding for more than 500 tons of cotton, temporarily solving the urgent need to use cotton.

But the head of the business thinks they have suffered losses.

The official said that the average paction price reached 15476 yuan / ton at the beginning of the round, and the average price dropped to 14848 yuan / ton as of 14 days, down 682 yuan / ton.

"The sooner you shoot, the more anxious you get, the more you will lose."

The official said they wanted to slow down the pace of storage, mainly worried about the lower the price of cotton shooting.

This year, the traders occupied the half of the big army.

In the past two days, traders' attitude towards the stock market is changing quietly.

A Jiangsu trader has won more than 1000 tons of cotton since its auction on the 6 day, including Xinjiang cotton and real estate cotton.

"According to our plan, we will store at least 5000 tons this year."

The trader said that in their early bid, they felt a little too aggressive.

The cotton trader plans to make high-quality cotton in the near future, so as to win an invincible position in the future cotton trade.

According to the cotton trader, the market still needs high quality cotton in 2017. In 9 and October, high quality cotton is still in short supply. In addition, there are not many high-quality cotton reserves.

Talking about the views of the post market, many traders think that they can't see clearly and feel impenetrable.

I intend to continue observing for a while before deciding whether to stay or stay.

For the cotton ginning mill, the price of the reserve cotton is the main market price, and the quality of the reserve cotton determines the spot market and the sales are slow.

Recently, the average price of the round out paction has been steadily lowered, which has an impact on spot shipment.

Going to stock is the absolute principle. Many people in charge of the cotton mill said so that it is expected that cotton will easily rise or fall in the next 4-5 months.

Early exit and early benefit will lead to greater risk.

A head of Hebei 400 type ginning factory said that it was affected by the fall in the average price, and the spot price was reduced by 150-200 yuan / ton.

On the same day, the local 3128 class real estate cotton output price 15700 yuan / ton (pick up, gross weight), compared with last week fell 200 yuan / ton.

As most of the cotton ginning plants are sold quickly, they will expand the discount rate to 100-150 yuan / ton in the actual paction process.

At present, the price of India cotton yarn has been supported by the decline of domestic yarn production. The previous monetary policy led to India shutting down a lot of production capacity. In the first ten months of this fiscal year (April -1 month), India cotton yarn production decreased by 2.2% compared with the same period last year.

In addition, the production of the factory turned to blended yarn also reduced the output of cotton yarn, and the output of India blended yarn increased by more than 6%, and the total yarn output remained stable.

Although the output of pure cotton yarn has declined, the current market share is still 71.4%.

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