The Market Is Not Calm In The Off-Season.

7-8 month is the off-season of the textile industry in the off-season, many enterprises cut production, limit production, and other enterprises have stopped production and vacation. In such a dull market, textile enterprises are ushered in the three "good things".

At present, the profit of most enterprises producing conventional yarn is reduced to 200-300 yuan / ton, and the cost of individual enterprises is upside down.

If the round is postponed, the cotton price will rise.

Since the beginning of this year, the turnover rate of Xinjiang cotton has basically been 100%, and the increase in the price of 1000 yuan / ton has been robbed.

Textile enterprises are thirsty for Xinjiang cotton and new growth in late stage.

The cotton outgoing plan can solve the urgent need of cotton.

Setting up a futures delivery warehouse in Xinjiang seems to be a great benefit to Xinjiang ginning factory.

Xinjiang enterprises can make warehouse receipts for cotton in the near future to provide convenience for hedging.

In the long run, it is advantageous for textile enterprises to set up a cotton delivery warehouse in Xinjiang, which is conducive to drawing materials from nearby enterprises, reducing costs, and accelerating the pace of China's cotton textile industry pferring to Xinjiang.

It is evident that the state's determination to develop Xinjiang's textile industry and its action are closely linked.

Cotton yarn futures will be launched, for textile enterprises, is a great advantage.

Cotton yarn futures will be the only cotton yarn futures in the world, with distinctive Chinese characteristics and will become the weathervane of cotton spinning all over the world.

Spinning enterprises can arrange cotton yarn production reasonably, the points of the peak season will be more diluted, cotton yarn trading will be more pparent, and the profit of enterprises will also have a more clear expectation.

For some small and medium-sized enterprises, it will increase the ability to resist risks and make them develop on a healthy track.

In August, the three big red envelopes are expected to come out one after another, and whether spinning enterprises can catch up and receive well, of course, they must also look at their own businesses.

The next step is to enhance ourselves and integrate into the global pattern, so that we can develop better and have a brighter future.

Current domestic

The auction bid price is jointly calculated by the Cotlook index and the domestic 3128B index.

That is to say, once the Cotlook A index is completed, the reserve price of domestic cotton will be lowered accordingly.

The exchange price of twenty-second weeks cotton reserve auction will be calculated at 6.8193 of the exchange rate. After the completion of Cotlook A, the reserve price will be reduced by 485 yuan / ton.

The decline is very large. At present, the reserve price of the cotton auction is 15079 yuan / ton, and the reserve price of the reserve cotton auction is only 14594 yuan / ton, which is the lowest price since the 2016/17 cotton reserve has been put into operation, and the impact on the market is not just the price.

Reserve cotton auction price down after the early generation of real estate cotton will be due to

If the advantages are accepted by the market, then the structural contradictions of reserve cotton will not intensify, while social stocks will be further increased.

This will bring great pressure to the Zheng cotton market.

There is a clear stipulation in the 2016 Announcement No. ninth on the arrangements for the rotation of cotton reserves in the state.

If the market price of domestic and foreign market has obviously increased rapidly for a period of time, the turnover rate of the auction sale of reserve cotton will exceed three days or more than 70% days a week, and the number of sales will be increased appropriately.

After more than 70% turnover in three consecutive days, in July 21st, the market came to the conclusion that the time of releasing cotton reserves will be extended to the end of September. With the current situation of cotton reserves being sold, it is expected that the amount of cotton stored in the market will increase to about 400 thousand tons.

The main 709 contract tumbled more than 500 points, which will almost regain a week's gains.

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