The Sale Of Lint Price Is Accepted By The Spinning Enterprises.
According to the survey, the selling price of lint price has been gradually accepted by traders, middlemen and cotton enterprises since this year. The frequency of use has also been increasing. Some large and medium-sized cotton enterprises generally report the spot price basis (reference main contract) and fixed price separately.
Reserve real estate cotton
With the increase in volume, will the spot be affected? With this doubt, the author contacted several textile enterprises and traders, and generally expressed that they were still pessimistic about the spot market, and thought that the number of pactions in the reserve real estate industry increased, and the center of gravity moved down to guide the real estate market to run downwards.
Two traders in Henan and Jiangsu said that cotton companies generally prefer spot prices when futures fall, while fixed prices are used when futures rise.
On the 14-15 th of June, the price of 2128B/3128B class hand picked cotton (fracture strength 27-28CN/tex) and 2128B/3128B hand picked cotton (fracture strength 26.5-27CN/tex) of a trading company stored in the mainland warehouse was 15850-15950 yuan / ton, 15700-15800 yuan / ton respectively, while the spot price paction quoted price was +900-1100 yuan / ton of CF1709 contract price. The company said that because of the strong support of the CF1709 contract in the vicinity of 15000 yuan / ton, fixed trading increased.
In the middle of June, some cotton fields in the territory gradually entered the bud stage. With the rapid increase of temperature (20-35 degrees Celsius in the main cotton producing area), the growth of cotton seedlings was accelerated, and the height of cotton plants in some areas of Kashi, Akesu and Korla had reached 35-50cm, with an average of 5-6 buds.
The height of cotton plants in a few cotton affected areas in Akesu is only 20-30cm. Farmers should take timely measures such as watering and fertilizing, so as not to affect yield and harvest in autumn.
Some large and medium-sized areas such as Shihezi, Kuitun and Korla in Northern Xinjiang.
cotton
Processing enterprises (Group) reflected that, due to the very good quality of machine picked cotton in 2016/17 (including local cotton picking, fiber length 29mm and above, horse value A/B and fracture strength 28CN/tex and above), some large and medium-sized textile enterprises inside and outside the country began to investigate and asked to sign the cotton purchase contract for the first 4-5 months, and can advance to the cotton enterprise, cooperative or farm 10-20%'s contract deposit, with a view to locking ahead high-grade cotton resources and solving the raw material worries.
The proportion of cotton blending in textile enterprises is down to high.
Recently, quite a few.
Spinning enterprises
Feedback, because of the rising cost of raw materials, the profits of enterprises have dropped considerably.
Take general combs 21S and 32S for example, the recent profit is only 150-200 yuan / ton. In addition, some medium and high count yarns are more difficult to carry goods. Instead, air spinning 10-16S and combing 21S are still good enough.
In order to reduce costs and speed up capital turnover, most enterprises have increased the production capacity of low count yarn.
The quality of cotton needed for spinning is not high, but the price control is stricter.
According to Shandong, Henan and Jiangsu, Zhejiang textile enterprises responsible person reflects that the number of auctions of reserve real estate cotton has increased in recent years. Considering the quality considerations, most of them first went to the warehouse to see the goods before they could participate in the auction.
For more information, please pay attention to the world clothing shoes and hats and Internet cafes.
- Related reading
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What Stock Markets Are There Behind The "Rise" Of The Stock Exchange Volume Of The Reserve Property Cotton?
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Market Factors Are Interwoven With Cotton Prices Or Stable Or Slightly Declining.
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