At Present, The Fog In The Cotton Market Should Be Calm And Unmoving.

Recently, the spot market is very lively, the reserve price of cotton reserves has been rising continuously, and the bullish atmosphere of the market is strong.

In the near future, the trend of Zheng cotton was affected by foreign cotton. In May, the United States began planting new cotton, and the planting area was expected to increase.

In addition, Zheng cotton warehouse issue has not been solved. The 290 thousand tons of high warehouse list is increasing. This shows that there is pressure on the new cotton market. In May, close to delivery, the warehouse receipts at such a high level kept the Bulls cautious.

However, China's cotton spring sowing work is coming to an end. The domestic cotton planting area forecast has increased by about 5%. The area of the cotton planting area remains unchanged before the end of this year's cotton planting.

There are fewer textile companies participating in the auction of national cotton stores.

It is understood that at present, raw material inventory of textile enterprises remains low, and large and medium sized manufacturers generally maintain for 30-40 days, while the raw material inventory of small and medium-sized textile enterprises only lasts 10-15 days.

Even with such low raw material stocks, the textile enterprises are still cautious about bidding for cotton reserves.

There are differences in the quality of resources.

It is understood that the recent quality

Resources are heating up gradually.

Up to now, Shandong, Hebei and other places "double 29", "double 30" Xinjiang picking cotton warehouse pick up the price of 16700-16900 yuan / ton, compared with May 1 before the holiday rose 300 yuan / ton.

However, some low and medium quality resources are still "volume reduction".

According to feedback from some mainland enterprises, Shandong's 4128 class real estate cotton price is 14800 yuan / ton line, and the price of cotton with high quality Xinjiang has been enlarged to 2000 yuan / ton.

Market risk is still large.

Recently, with some people in the industry, we can see that Australia cotton will arrive in mid May. At the same time, some foreign businessmen and traders are pressing ahead with the pre-sale of SM 1-5/32 "," SM 1-1/8 "and" M 1-1/8 ". The breaking strength is basically at 29CN and above.

So, will cotton price rise continue?

The textile situation is stable, and the performance of all kinds of yarns is different during the peak season.

The fact that resources are getting fewer and fewer leads to the increase in the price of the Xinjiang cotton spot market, which has increased by 200 yuan / ton, and has driven the turnover of Xinjiang cotton to be active again. However, the small and medium sized spinning enterprises are restricted by the funds, and they are always at the 1-2 level of the product, and they will not buy in bulk and grasp the principle of buying and buying with the purchase. With the support of cotton prices, the price of cotton yarn is stronger in recent years, but their profits have been reduced. At present, the shipment of regular yarn C32S and 40S is smoother than that of other seasons, and other factors are affected by seasonal factors. Cotton yarn: after the festival, with the increase of demand from downstream textile enterprises and high quality cotton

Polyester cotton yarn: this year's polyester cotton blended yarn has so far only been made of polyester and

Raw materials rose twice in the past month or so. After that, both orders and prices continued downward.

The old guest's order can't continue to order as usual, but it becomes a continuous order.

In the past, spinning enterprises could still have small profits and large profits, and the purpose of quick return of funds was to support production costs. However, the actual situation is whether they are profitable or thin, but in the current situation, many heavily loaded textile enterprises have already lost their positions in order to make polyester cotton yarn, so they have to give up the position temporarily.

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