The Performance Of High Quality Xinjiang Cotton In 2016/17 Is Very "Strong"
At present, more than 80% of the cargo rights of 2016/17 Xinjiang cotton are traders. Under the obvious advantages of capital and market channels, although the reserve cotton sales price has been cut down for three consecutive weeks (a total drop of 394 yuan / ton), the quality of Xinjiang cotton in 2016/17 has been very strong.
From some
Trader
According to the quotation, not only the difference between the quality and quality of Xinjiang cotton has been widened in 2016/17, but also the difference between the two listed cotton reserves and the real estate cotton is obvious because of the different quality.
Such as reserve real estate cotton "double 28" grade gross weight quoted price 15000-15300 yuan / ton; and reserve corps cotton "double 29" class quotation is generally in 15800-16000 yuan / ton (public settlement), only lower than 2016/17 Xinjiang "double 29" level cotton picking 200-300 yuan / ton.
Some hoarding enterprises say that the recent price is not synchronized. It is not surprising that on the one hand, although the price of ICE, cotton spot FOB, CNF and CIF is more than a drop, but because of the 1% cotton import quota is scarce and the pfer price continues to rise, the United States, cotton, cotton and Ukrainian cotton, which are selling customs clearance, are keeping a close eye on the high quality Xinjiang cotton spot, and there is little room for trade.
On the other hand, recently
Reserve cotton
Not only did the number of Xinjiang cotton dropped to below 12 thousand tons, but the price of Xinjiang cotton, which was 100%, remained at 15200-15400 yuan / ton, and the price reduction space was only 100-200 yuan / ton.
China's reserve cotton management company plans to sell 148 thousand and 700 tons of cotton reserves in the past fourteenth weeks, and the actual turnover is 98 thousand and 200 tons, with a turnover rate of 66.07%, of which 65 thousand and 300 tons of Xinjiang cotton and 32 thousand and 900 tons of real cotton are traded. From the paction price, the average price of the paction is 15132 yuan / ton, down 97 yuan / ton compared with the previous week, and the average price of the paction is reduced to 3128 yuan (3128) price of 16257 yuan / ton, which is down by 66 yuan / ton compared with the previous week. The average price of the new cotton reserve is 148 thousand and 700 yuan / ton.
In the week, the average price of reserve cotton auction continued to decline.
Textile enterprises
The enthusiasm of the auction increased, the spot market prices were more stable, and the quality of Xinjiang cotton prices remained high.
According to the national cotton market monitoring system data, when the week represents the 3128B cotton price in the mainland, the average price of cotton price B index (CNCotton B) is 16007 yuan / ton, down 10 yuan / ton compared with the previous week.
When the weather was fine in Northern Xinjiang in Xinjiang, the soil moisture was conducive to the growth of cotton. The temperature in the southern Xinjiang cotton region changed greatly. Some cotton fields in Akesu suffered hailstorm and suffered heavy losses. Cotton farmers stepped up their seedlings to restore production. The growth of cotton in the the Yellow River River valley was generally better than that in the same period last year. Most cotton growth has entered the fifth true leaf stage, and some cotton plants have been buds. The weather in the Yangtze River Valley is good, the cotton growth is gratifying, and cotton growers tighten up the field management.
When the price of pure cotton yarn was stable in the week, the price of individual varieties fell slightly. Recently, OE10S-16S and combed 32S and combed 21S were able to make a good deal, and other yarn sales were slow.
The overall production of textile enterprises in some parts of Hubei is in good condition. The textile enterprises in Hebei, Shandong, Henan, Hunan and Jiangxi reflect the weakness of the downstream market.
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Market Factors Are Interwoven With Cotton Prices Or Stable Or Slightly Declining.
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Cotton Prices Continue To Decline In The Territory And Reduce The Number Of Cotton In Xinjiang.
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