Why Is Long Staple Cotton Going Up Against The Market In A Weak Cotton Market?
Recently, long staple cotton continues to rise, forming a situation of internal and external inflation.
It is understood that:
First, long staple cotton is strong.
Recently, the price of long staple cotton in the mainland has risen. Since mid May, it has risen to 500-600 yuan / ton, and the price of low quality has not risen much. Taking 336 grade long staple cotton as an example, the price is 20200 yuan / ton at present, and the price fluctuates less than the previous price.
Second, Xinjiang's long staple cotton is rising at the same time.
According to the ginning factory feedback, as of now, there are fewer cotton stocks and low quality.
In the past two years, although Xinjiang's textile industry has developed rapidly, the staple cotton is the main staple.
Cotton blending
The high count and high spun yarn production capacity is not large. Therefore, the main sales channels of long staple cotton are still high spinning enterprises in the mainland.
According to the Akesu platform staff, recently, the long staple cotton shift to the mainland is moving fiercely. On the one hand, it is the inventory psychology of Xinjiang ginning factory. Two, the key period of long staple cotton sales is reaching. If it can not move to the mainland before the rainy season, the latter may be negatively affected.
The main reasons for the rise of long staple cotton are as follows:
1, the holder is very expensive and reluctant to sell.
Due to the production of 80% long staple cotton in 2016, which is concentrated in the hands of several large domestic traders and multinational corporations, the excessive concentration of resources makes the sellers more bargaining power.
With the extension of storage time, the storage and interest costs of long staple cotton are rising, and large companies are holding up prices.
2, the southern Xinjiang has bad weather.
Since late May,
Southern Xinjiang
After a wide range of rain and gale weather, high temperature and drought continued. The emergence rate of long staple cotton was only 60%-70%.
Therefore, many industry estimates this year's long staple cotton yield or decline is larger, and even pessimists think that the yield per unit area or down to 200 kg / mu line.
In addition, the recent hype of Xinjiang's long staple cotton area has dropped sharply to 1 million 200 thousand acres, so that the industry has great hopes for the long staple cotton market.
This week, the number of new cotton in Xinjiang cotton increased and the turnover rate of cotton reserves increased. This week, the average price of Xinjiang cotton in reserve cotton is 15500 yuan / ton, and the average price of real cotton is 14500 yuan / ton.
How will the long staple cotton line run? It is expected to remain bullish.
At present, the price difference between long staple cotton and fine cotton is around 6000 yuan / ton. The price difference is too low. The advantages and disadvantages of long staple cotton have not been fully reflected. In 2017, the price of fine staple cotton is shifted upward, which will bring rise power to long staple cotton.
In addition, it is recommended that enterprises with high-quality long staple cotton do not need to panic. When the spring breeze turns into rain, it will be the revival of everything and another bright spring.
The main reason for the sharp fluctuations in the reserve cotton business is that the increase in the number of new cotton mills in the new territories is caused by a large increase in the number of wheels coming out of the Xinjiang cotton market, which is not much related to the spot market; the reserve for real estate cotton has not yet been changed. The enterprises that auction the reserve real estate cotton first pay attention to the price, and the two is concerned about the quality.
Xinjiang cotton
Still hot spot auction, market demand is bigger, and the recent Xinjiang cotton prices show stable trend.
Although the film store is becoming more and more attractive, it is very simple to analyze the fluctuation of cotton reserves. The industry still needs to be calm and calm.
For more information, please pay attention to the world clothing shoes and hats and Internet cafes.
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