Reserve Cotton Turnover Rate Of About 50% Floating Xinjiang Cotton Most Popular Textile Companies Welcome

In recent years, the spring sowing of Xinjiang cotton area is in full swing, the spot of Xinjiang cotton is gradually warming up, and the reserve of Xinjiang cotton is also hot.

The turnover rate of cotton reserves in recent years is about 50%, but the turnover rate of Xinjiang cotton is basically 100%.

According to many textile enterprises, the textile enterprises today basically use cotton reserves, among which Xinjiang cotton is most popular with textile enterprises.

In the southern part of Akesu, Kashi, Korla and other places, farm machines are booming.

The spring sowing was just then.

The planting area of fine cotton has increased in Xinjiang this year. Especially the machine picked cotton has been well received. The local cotton growers are buying seeds from the cotton seed company to buy cotton seeds. Most cotton growers have great hopes for cotton prices in the future. They are also confident of the 2017 income.

According to Akesu cotton enterprises and cotton traders, there are many places like Henan, Shandong and Hubei after the holidays.

Traders go to Xinjiang for enquiry and purchase, and have a great increase in purchasing quality of Xinjiang cotton.

As of April 7th, Akesu's "double 29" and "double 30" hand picked cotton platform pick-up price was 15700-15800 yuan / ton.

A cotton enterprise official said that cotton prices have stabilized recently, and pactions have also increased significantly. Downstream manufacturers are mainly purchasing quality Xinjiang cotton.

Xinjiang cotton is also showing signs of stabilization in some parts of the mainland.

According to Shandong cotton traders, the current Xinjiang "double 28" and "double 29" hand picked cotton price is 15800-15900 yuan / ton, the latest week, Xinjiang cotton sales progress is relatively fast, at present, the market is rather unmarketable are some low-quality Xinjiang cotton, local Xinjiang 4127, 2227 level price 14700-15200 yuan / ton, few people ask.

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The cotton price is expected to stabilize in 4 and May, as the paction increases and prices stabilize.

Many people in the field believe that Xinjiang cotton is more and more recognized in its "three silk" content, consistency and spinnability. This year, the sowing area of Xinjiang continues to increase. It also gives Xinjiang cotton a bigger stage of development.

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According to the US Department of agriculture (USDA) report, on the 24-30 day of March 2017, the amount of us land cotton export contracted in March 2017 was 61 thousand and 200 tons, a decrease of 31% over the previous week, a decrease of 16% over the previous four weeks. The main buyers were Turkey (22 thousand and 800 tons), India (17 thousand and 600 tons), Vietnam (11 thousand and 500 tons), Bangladesh (2585 tons), China (2290 tons), and Japan and China Hongkong cancelled part of the contracts.

2016/17 US land cotton export volume of 101 thousand and 400 tons, an increase of 14% over the previous week, an increase of 9% over the previous four weeks, mainly to Vietnam (21 thousand and 600 tons), China (20 thousand tons), Pakistan (9231 tons), Turkey (8800 tons) and Indonesia (1111 tons).

In the year of 2017/18, the amount of us land cotton export contract was 27 thousand and 400 tons, the main buyers were China (12 thousand and 500 tons), Indonesia (7144 tons) and Mexico (2245 tons).

In March 2017, 24-30 weeks a week, 2016/17 signed 3311 tons of Pima cotton export contract, an increase of 44% over the previous week, which is the same as that of the previous four weeks. The main buyers are India (1111 tons), Peru (635 tons), Germany (544 tons) and Thailand (227 tons).

In the year of 2016/17, the export volume of American Pima cotton was 3651 tons, an increase of 99% over the previous week, an increase of 39% over the previous four weeks, mainly to Vietnam (930 tons), China (884 tons), India (794 tons), Pakistan (453 tons) and Peru (317 tons).

2017/18 signed 1996 tons of Pima cotton export contract, the main buyer in China (1996 tons).

China continues to sign large numbers of next year's land cotton.

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