Cotton Merchants' Psychological Enhancement In Removing Stock From Long Staple Cotton

Recently, the weather in Akesu is mainly sunny, high temperature and multi photo, which is very beneficial to cotton seedling growth.

The height of the long staple cotton is 35-45 centimeters, 60 centimeters, and 5-7 branches per fruit branch. All the cotton plants have buds, many of them reach 5-10 / plants, and some of them are small yellow flowers.

This year, the growth of Akesu's long staple cotton has gone on twists and turns. In the 3-4 month, the southern Xinjiang area was low temperature, rainy, hail and gale, and the emergence rate of cotton was only 60-70%. In June 7th, Awati County suffered hail and heavy rain, and 138 thousand acres of cotton fields were damaged, and cotton stems and leaves were damaged.

Through active field management, the growth of Xinjiang long staple cotton seedling has been restored and the overall growth is optimistic.

Cotton farmers' attitude towards output was pessimistic and optimistic. A Awati cotton grower introduced that this year the county planted 650 thousand mu of long staple cotton, 10% less than last year.

Awati County long staple cotton accounts for 45-50% of Xinjiang's long staple cotton this year.

The area is between 130-145 mu, which is higher than the previous forecast.

In addition, the recent cotton growers' confidence in the yield is also recovering. The conservative estimate is that the yield per unit area is also 230-240 kg / mu, slightly lower than that of 260-280 kg / mu last year, but higher than that of 220 kg / mu in 2015. Cotton growers are also optimistic that if the latter weather does not have big problems, the output is expected to rise to 260 kg / mu.

Spot stagflation situation, price stability is the main.

However, the spot market is stagnant recently. On the 21 th, the prices of 137 grade, 136 grade and 237 grade long staple cotton in Akesu area are 21900 yuan / ton, 21500 yuan / ton, 21000 yuan / ton respectively.

According to vendor feedback, the characteristics of Xinjiang long staple cotton in the near future are as follows: first, the quantity is few, but the autonomous region seldom sees more than 136 grades of long staple cotton in circulation, and the total stock is at 7000-8000 tons; second, the quality is poor, although the price is 137, 136, although there are quotations, it is rarely seen.

The current price of grade 236 and level 336 is 20300 yuan / ton, 19200 yuan / ton, and the price difference is 1100 yuan / ton.

In addition, the cotton traders in the mainland are reluctant to sell long staple cotton.

21, a Shandong.

Introduction, at present, from the warehouse in Ji'nan, Shandong, the price of the 137 class a long staple cotton is 22600 yuan / ton (pick up and gross weight). The price is flat compared with yesterday. If the goods were picked up for 200 tons at a time, the price would be 150 yuan / ton.

It is understood that in recent years, many cotton traders in the mainland have increased their stocking mentality for long staple cotton, with a discount range of 50-150 yuan / ton.

According to the analysis, the recent long staple cotton or from rise to fall, one is the area, unit production has been adjusted to increase, two is affected by the decline of fine staple cotton prices.

According to recent research and understanding, most enterprises started normal, the opening rate increased slightly compared with the same period last year, and some enterprises showed that the order situation showed signs of early arrival of the off-season.

May cotton textile enterprises

A slight increase of 0.8% was recorded in the annex, of which the raw cotton inventory increased by 0.47%, the inventory level was relatively stable, and the non cotton fiber inventory increased by 2.7%, which was mainly related to the stock level that had been continuously lowered.

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