Cotton Price Rise In The Yellow River Basin Is Blocked. The Overall Trend Of Excellent Cotton Prices Is Unchanged.

The Yellow River, Shandong, Hebei, Henan and other places cotton growth is good, early sowing cotton has grown 4-5 true leaves, late sowing cotton has not yet seedlings, is expected to grow on May 10-15 true leaves. The cost of local agricultural products this year is basically the same as that of last year, but the cost of contracted land has declined. According to farmers in Shandong, Dongying, Hebei and Cangzhou, the cost of contracted land at present is 600 yuan / mu line, which is 200 yuan / mu less than in previous years. Recently, cotton prices in the Yellow River spot market have been blocked, but the overall trend of excellent cotton prices has not changed.

After the opening of the festival, Zheng cotton still rose strongly, spot confidence rose, the quotation increased, the mainland and intra country delivery price increased to over 16000 yuan / ton, but the sales of cotton yarn was not ideal. Most of the cotton mills were watching, and the spot trading fell.

Xinjiang cotton is still popular. A market personage said that the quantity of Australian cotton arrivals was limited in recent years, and the market quality of Xinjiang cotton was not large, so we rushed to buy the quality Xinjiang cotton mentality seriously. Many traders and textile factories actively bid for the reserve of Xinjiang cotton and sell it for sale. The sale of real estate is not smooth. As of 8 days, Shandong, Dezhou, Binzhou and other places 3128, 4128 grade cotton bales at 15300-15500 yuan / ton, 14700-14900 yuan / ton, were flat compared to last Friday. Recently, Ladle cotton The volume of spanactions is not large, and some textile enterprises are more resistant to real estate cotton. Small bags of cotton are not salable in real estate.

At present, a 200 class enterprise in Hebei has 3 or 4 cotton prices at 14900 yuan / ton, 14500 yuan / ton, down 100 yuan / ton last week, but still can not attract downstream manufacturers to see goods and spanactions. According to some enterprises in Hebei and Shandong, there has been no enquiry call for downstream enterprises for more than 10 consecutive days. Cotton prices have shifted upward in recent years, while cotton yarn prices have dropped slightly, spinning costs have risen, profits have been compressed by 300-400 yuan / ton, and cotton prices have not been supported.

　　 Cotton mill Sales and yarn prices were not synchronized. Most cotton prices were wait-and-see in the face of rising cotton prices. Some enterprises have turned to reserve Xinjiang cotton, and the spanaction price of Xinjiang cotton has been pushed up by 100-200 yuan / ton. The price of real estate cotton is relatively low, generally below 15000 yuan / ton, and there are more resources. Textile enterprises can choose matching according to variety requirements. Due to limited quota resources, there are few imported cotton resources and high prices for customs clearance. The price of long staple cotton is relatively stable, and the selling price is generally around 21500 yuan / ton, which is in a low position with the price of fine wool and the ratio of imported and imported Pima cotton, and the planting area is obviously reduced.

In terms of rotation. Last week was the ninth week, the base price was 15662 yuan / ton, the turnover was 80153 tons, the turnover rate was 66.9%, the average price was 15171 yuan / ton, the total turnover was 950 thousand tons, the ginseng enterprise was 660, the textile enterprise was less than 450, and the turnover volume was less than half. Another data is also worth noting. In the 3-4 month auction, the reserve resource outgoing rate was only about 50%. Cotton consumption The progress is not optimistic. Less than half of Xinjiang cotton was put into the total resources. Only 100% of Xinjiang cotton was sold in real estate. The turnover rate of Xinjiang cotton was only about 100%, and that of real estate cotton was only about 50%.

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