New Changes In Cotton, Cotton Yarn And Spot Market At Home And Abroad Deserve Attention.

China is a big country of cotton consumption and import, and the market structure with insufficient production needs to exist for a long time. Therefore, the change of price difference at home and abroad in cotton, cotton yarns and spot market is very important to the rise and fall of cotton prices.

The increase and decrease of import and export volume, including the import and export situation of downstream products such as cotton cloth and clothing, will have a significant impact on cotton prices.

Reporters from the Eighth China Cotton (yarn) futures forum learned that the current domestic and foreign cotton and cotton yarn spreads are relatively small, cotton and cotton yarn import and export more normal.

At the same time, the number of cotton warehouse receipts in Zhengzhou cotton futures market is large, and there is a great pressure on the disk.

Many people said that the cotton hoarding in their hands was basically sold in the Zhengzhou cotton market. In the future, if the disk fell and the spot sales were better, they would be sold out and sold in the spot market in time. If the spot market prices did not improve, they would be delivered directly.

Feng Mengxiao, chief economist of China cotton storage information center, thinks that the inventory speed of domestic cotton market is faster than that of global cotton production.

From the balance of supply and demand, the domestic cotton market will gradually shift from oversupply to balance or even tighter supply.

There is a strict quota management system for cotton imports in China. In the long run of the gap between production and demand, the relationship between supply and demand will form a market trend with global market segmentation and regional characteristics.

At present, the domestic textile enterprises are in a good position, the output of cotton yarn and other products is increasing, and the gap between production and demand of cotton city will increase.

The growth rate of global cotton market is not fast enough, but the growth rate of production is faster than that of domestic expansion. Therefore, there may be a divergence between domestic and foreign cotton markets.

The recovery of foreign cotton consumption market may lag behind the domestic warming rate, and there will be a speed difference on both sides.

Industry professionals believe that the difference between domestic cotton and cotton yarns is beneficial to the domestic textile industry as a whole, which has made room and time for the pformation and upgrading of domestic textile enterprises.

It is worth noting that the supply and demand pattern of domestic and even global cotton market is bound to have a relatively large change, and the market situation in the future will be more complicated.

Because domestic and foreign cotton production and demand structure is inconsistent, plus import quotas and other policies, the domestic cotton market will be full of variables in the future.

Wang Qingcui said that after the domestic cotton market went out of stock, cotton planting area and planting structure, inventory structure and so on were steadily adjusted, and inventories were significantly reduced.

At the same time, cotton spinning industry is facing a contradiction, that is, the structural contradiction of cotton supply.

In addition,

To make low grade cotton yarns and other enterprises can not compete with foreign enterprises. If cotton textile enterprises want to develop, they must take the road of structural upgrading and occupy the market with high-quality cotton yarn.

"There will be a marked increase in the demand for high-quality cotton in the domestic cotton market in the future. The current sale situation of the national cotton auction sale has already explained this point.

It is estimated that the structural contradiction of cotton supply in recent years is a major problem facing the domestic cotton market. It is suggested that under the condition of ensuring the steady increase of cotton output and quality, the relevant agencies can appropriately increase the import quota of general trade and gradually liberate the international market, thus ensuring the demand of textile enterprises for cotton consumption and making the enterprises in the whole industrial chain develop stably and continuously.

Xiao Guoping, chairman of Yongan GF Asset Management Co., Ltd. believes that the overall supply situation of the domestic cotton market is better than in previous years. The improvement of market supply has much to do with the throwing of more than 600 thousand tons of national cotton reserves last year.

Last year, because of the high cotton price, the sale of national cotton stores was delayed for one month.

This year is expected to be domestic.

There won't be a big market.

"From the point of view of Zheng cotton base structure, the price of the cotton register has a strong attraction, making warehouse receipts very cost-effective, resulting in the current cotton warehouse warehouse volume to about 300 thousand tons."

Xiao Guoping said that from the analysis of the situation of cotton market in China, the cotton market in China will be relatively calm this year under the situation of large quantity of cotton warehouse receipts. But in the future, when the stock of cotton stocks returned to normal level, the domestic cotton market might not be too calm after the overall inventory of cotton city continued to decline.

"It is hard to say that cotton prices will not rise this year," he said.

Xie Qiyu, chairman of Hebei Xingyu textile material Co., Ltd. believes that the increase of cotton warehouse receipt has great relationship with the spot market cotton sale.

"Cotton prices are not up, mainly because the market is expected to increase cotton planting area in the new season."

Xie Qiyu said that the planting area of cotton in the United States will increase, and the domestic cotton planting area will increase. Next year, the market performance will be more stable.

In addition, the delivery benchmark of Zhengzhou cotton city will be pferred to Xinjiang in the future, which will greatly facilitate the delivery of investors.

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