Textile Enterprises Become More Rational For The Auction Of Cotton Reserves.

The reserve price of 2016/17 cotton reserve was 15441 yuan / ton (standard price), which was 35 yuan / ton lower than last week's price.

Today, 29 thousand and 900 tons of cotton stocks are listed, of which only 10473 tons are Xinjiang cotton.

The recent textile enterprises have become more rational for the auction of cotton reserves. Xinjiang cotton's daily turnover rate is close to 100% for the relatively good quality Xinjiang cotton, and the poor quality real estate cotton textile enterprises have poor enthusiasm for bidding. The textile enterprises reflect the high content of three silk in the real estate cotton, causing great trouble to the enterprises and greatly increasing the spinning cost. Therefore, they prefer to take more money to shoot Xinjiang cotton and do not shoot poor quality cotton. Later, the difference between the high-grade cotton and the inferior cotton will be gradually widened.

1, this year

Although the whole area of cotton is lower than 1-1.5 in the past year (the highest temperature is not more than 20 degrees Celsius), but no "late spring cold" and large dust storm weather, cotton farmers in accordance with the principle of "when the soil moisture is not equal to the time, when the soil is not wet," the seeds are sown in time.

In recent years, fewer and fewer farmers have planted "precocious" varieties. Nowadays, the "new land middle" series are the main ones. The growth period generally takes 125-135 days to catch and sell before the autumn frost. The sowing date should not exceed the first half of April.

Farmers in Sha ya, Ke Ping, Awati and other places indicated that the planting time was 2-3 days later than last year.

The Agriculture Department of carbpin County reflected that the price of urea, two amine and compound fertilizer increased greatly this year, plus the increase of plastic film, mechanical sowing and labor cost. The cost of cotton planting materialization increased by at least 40-50 yuan per mu.

2, the slow sales of Xinjiang cotton in the mainland and the price difference of cotton within and outside the territory are only 300-350 yuan / ton, which seriously restrict the enthusiasm of cotton enterprises and cotton merchants to pfer their stores.

On April 4-5, the 3128/2128 of the southern Xinjiang platform (non "double 28") picked up a gross price of 15000-15300 yuan / ton, and cotton enterprises lost 500-800 yuan / ton.

Pakistan: according to the data of Pakistan cotton gin Association (PCGA), the new flower market in Pakistan in late March was 593.6 tons, down 1129.1 tons compared with the same period in 2016.

As of April 1st 2016/17, the total volume of Pakistan's listing was 1 million 823 thousand tons, an increase of 164 thousand tons over the same period in 2015/16.

In the total volume of the listing, the purchase volume of textile enterprises increased by 1 million 729 thousand tons, up by 214 thousand tons compared with that of the previous year, and the export volume of 34 thousand and 400 tons decreased by 27 thousand tons compared with the same period last year.

The remaining 60 thousand tons of cotton enterprises inventory decreased by 23 thousand tons compared with the same period last year.

In addition, only 5 cotton enterprises have started.

India: according to India's Cotton Corp (CCI) data, as of March, 30 Japan's annual India

A total of 4 million 509 thousand tons were listed, including 1 million 70 thousand tons of Gujarat.

At present, the total number of listed shares is increased by 222 thousand tons over the same period of 4 million 287 thousand tons in 2015/16.

The 4 day is a traditional festival in India, and the postseason quotation will return to normal.

On the 3 day, India S-6 cotton enterprises offered a price of 44500-44700 rupees / candi (87.50 cents / pound in the middle price).

Some analysts believe that S-6 prices jumped on Monday or caused by 3 reasons: first, last Friday's new price boost; two, India's new flower listing slowed down; three, the textile industry's demand for high-grade cotton.

On the same day, the amount of new flower listing is 15 thousand and 800 tons.

Looking forward to the future

At present, the cotton turnover of Xinjiang cotton is good, and the turnover rate of real estate cotton is low.

In addition, Zheng cotton warehouse receipts are still increasing, and there are many increments. Downstream enterprises are still not actively taking orders, and there is still pressure on Zheng cotton in the near future.

At present, the cotton reserve auction is generally positive. On the one hand, because of the poor quality of cotton in the national cotton store, on the other hand, it also shows that there is no shortage of cotton in the market, while the amount of cotton warehouse receipts is still increasing. Downstream enterprises are still not actively taking orders, and the warehouse receipts still have pressure on Zhengyang market.

In addition, the recent establishment of the Xiong an new area by the State Council has also brought about a macro impact on the market. We should pay attention to the overall trend of commodities in Hebei.

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