Xinjiang: As Long As Buyers Pick Up The Ginning Factory, They Do Not Hesitate To Go Out.

This year, cotton manufacturers in Henan, Hebei, Jiangsu and Zhejiang provinces and Shandong and other places involved in the layout and acquisition work ahead of time, (contracted cotton mill, lease processing line or joint acquisition of funds and processing enterprises), and the ginning equipment pformation, machine maintenance and market research work in the territory were also significantly ahead of schedule (2015 and 2016, most of the manufacturers in southern Xinjiang were scheduled for maintenance in 6-7 months).

Some cotton enterprises in the territory reflect two characteristics of cotton processing industry this year: first, as the Agricultural Development Bank, credit cooperatives and other commercial banks have more and more stringent requirements for the qualification of cotton purchase loans and repayment conditions, the purchase of cotton enterprises with inadequate purchasing funds and the mainland textile mills and traders will have a strong desire to purchase jointly; second, the pformation of machine picked cotton equipment is in full swing.

A handful of Northern Xinjiang and southern Xinjiang picking cotton ginning plants have a new set of machines for picking flowers, and share a set of Baling Machines and barcode systems with hand picked cotton.

At the same time, the machine and hand picked cotton will be processed separately to increase the volume of business and provide a full range of products for the cotton enterprises in the mainland.

From the feedback of intra cotton enterprises, the difference in pportation between Xinjiang and Xinjiang is relatively large.

The high quality lint should be pported to the mainland consumption area by truck.

Because by the first two days, Zheng cotton's contracts fell sharply by 700-800 yuan / ton, and traders who made futures arbitrage pactions cut prices and ran goods, causing the market price to be very chaotic. The price difference between double and 28 inside and outside Xinjiang reached 300-400 yuan / ton, and there was almost no chance for shipments and cotton enterprises to be shipped out without warranty.

In addition, the cotton with low quality and low spinnability of 3127/2127 and 3128/2128 grade (fracture strength below 27CN/tex) is sold in the territory, and the bargaining and consultation space is expanded to 100-200 yuan / ton. As long as there are buyers receiving goods, the ginning factory does not hesitate to go out.

At present, the spot quotation and paction price of cotton within the territory are relatively stable.

Let the profit space fall or no longer give preferential treatment.

Spot price after futures crash

The advantage is obvious, and the turnover is increasing. As traders increase the premium, the price drop of spot price is less than that of futures. When the psychological pressure of futures drop and the realistic pressure of spot price resources, the price of non arbitrage hedging resources has also been reduced by 100-200 yuan / ton, and the overall turnover has increased slightly. The resources of 3128B in the inland bank are more than 27, and the resources are set at 16000-16300 yuan / ton.

Below 27, the price is generally below 16000 yuan / ton, and the price for customs clearance is about 17200-17500 yuan / ton.

The price difference between Xinjiang and the mainland expanded to 500-800 yuan / ton, and the difference between Xinjiang cotton and new cotton was reduced to 200-300 yuan / ton after the two sale.

The main reason is that the resources of Xinjiang cotton are too few.

The price of real estate cotton is relatively low, generally below 15000 yuan / ton, and more resources.

It can be selected according to variety requirements.

The price of long staple cotton is relatively stable, steadily rising, and the selling price is generally 21500-22000 yuan / ton.

In terms of rotation.

Last week was the tenth week, the base price was 15666 yuan / ton, the turnover was 88938 tons, the turnover rate was 59.4%, the average price was 15137 yuan / ton, the total turnover was 1 million 40 thousand tons, the ginseng enterprise 667, and the week increased 7.

This week the base price was 15552 yuan / ton, down 114 yuan / ton, the biggest week in the year.

At present, the problem in the round out paction is the shortage of Xinjiang cotton resources, which results in a turnover of 100% in Xinjiang cotton. The paction price is increased, the real estate cotton is put in more, the turnover is low, and the price is low. It is suggested that the new cotton should be increased to ease the difficulties in using cotton in the cotton mill and increase the turnover rate.

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