In 2018, Xinjiang Cotton Procurement Increased, And Many Enterprises Took Delivery From The Surrounding Warehouses In The Province.

World clothing shoes and hats net news, new year's day has just passed, cotton enterprises look forward to the peak season of procurement has not yet arrived, but some enterprises in Hubei and Henan have gradually purchased new cotton, do well in the annual stock.

Recently, the demand for machine picked cotton "double 28" and "double 29" is strong. Most enterprises tend to pick up goods from the surrounding warehouses in the province.

With the inventory of cotton reserves in the spinning enterprises, the demand for new cotton has gradually increased.

Many territories

Homeopathic adjustment of ideas, make some concessions in the price: first, low quality and low price, two is a large quantity of favorably, three is high and low grade mixed batch purchase can be preferential.

A factory in North Xinjiang has recently sold nearly 10 batches of cotton at a price of 15600 yuan / ton, which is basically packaged by high and low grade cotton.

At present, some 2-3 million spindles of textile enterprises are mainly cotton producers in the mainland.

The 1228 level purchase price is 14000-14100 yuan / ton, and the price difference with Xinjiang cotton is 1000-1500 yuan / ton.

Recently, the price of C32S cotton yarn has been reduced by 300-400 yuan / ton compared with the previous period, and the downstream payment cycle has been extended from half a month to about a month now.

But with the gradual reduction of cotton production in the mainland, part of the textile enterprises will also consider purchasing a small amount of 1228 or 2228 Xinjiang cotton later stage.

Futures

Zheng cotton contract price rebounded, 14830 rose 70 in January, 15175 in May, 85 in September, 105 in September, 373 thousand in total positions, 130 in May May, and 208 in total positions.

Upstream

As at 24 January 5, 2018, 4 million 731 thousand tons of lint were processed in Xinjiang, of which 3 million 252 thousand tons were processed by local enterprises, 1 million 479 thousand tons were processed by corps, 4 million 729 thousand and 600 tons of lint were tested, 4 million 567 thousand tons of Xinjiang, 162 thousand and 600 tons of inland inspection.

According to the China Cotton Association logistics branch, 186 cotton delivery and warehousing warehouses, social warehouses, bonded area inventory and processing enterprises inventory data of 18 provinces and municipalities in the country were surveyed. By the end of December, the total cotton business inventory in China was about 4 million 153 thousand and 200 tons, an increase of 563 thousand and 300 tons from the previous month, an increase of 15.7%, of which 3 million 394 thousand tons of warehouse stock in Xinjiang.

Downstream

Recently, domestic cotton yarn prices remain weak, the inventory level of combed pure cotton yarn remains high, and prices fall.

Shengze C32S price 23100 yuan / ton, C40S price 24100 yuan / ton.

Qian Qing C32S quoted a lower price of 23000 yuan / ton, and the better price of cotton blending was 23700-24000 yuan / ton, and the C40S price was 24400 yuan / ton.

The price of international cotton yarn continues to rise along with the price of cotton, and the competitiveness of domestic yarn is expected to be restored as domestic and foreign cotton spreads continue to shrink.

International market

India: on the 5 day, the lifting price of India S-6 cotton ginning factory was raised, reporting 41250 rupees / candi, 83 cents / pound, and Punjab J-34 price rose slightly, at 4290 rupees / mod, 82.25 cents / pound.

On the day of the new flower day listing, 172 thousand cotton bags (29 thousand and 200 tons) of lint were listed, of which 45 thousand were listed in Maharashtra (7 thousand and 100 tons), 38 thousand were listed on Gujarat (6 thousand and 500 tons), and 35 thousand 35 thousand (6 thousand tons) were listed by Andrea.

Pakistan: Pakistan cotton remains stable.

The 5 day high and new flower spot pick up price was quoted at 7700-8000 rupees / mod, a discount of 84.75-88.00 cents / pound; the lower class new flower was 6600-7400 rupee / mod on the basis of quality.

4 ICE cotton rose to support cotton prices in Pakistan, and the ginning plant generally held a reluctant attitude toward sale.

According to statistics from the Pakistan Trade Development Council (TDAP), Pakistan exported 189651 bales (32 thousand and 200 tons) of cotton in 8-11 months, including 1520 cotton packages in the 2016/17 year, which increased by 65.3% over the same period last year (114726 pack /1.95 million tons).

Prospect

The output of Xinjiang cotton increased this year, and the local cotton stocks in Xinjiang were larger. According to the survey results of 186 warehouses in 18 provinces and municipalities in China, the total inventory of cotton business in the whole country was about 4 million 153 thousand and 200 tons in the end of December, an increase of 563 thousand and 300 tons from the previous month, an increase of 15.7%, of which 3 million 394 thousand tons were stored in Xinjiang's warehouses.

Some cotton is still out of storage in reserve cotton, with more than 200 thousand tons of cotton in warehouse, and large cotton stocks in Xinjiang. In March next year, a new round of reserve cotton competition starts, and new cotton sales are under great pressure.

In addition, the inventory of finished products of the downstream textile enterprises increased, and sales did not improve. All kinds of bad factors led to the fall of the price of zhengmian. But at present, the price of the outside market was strong, and it gave certain support to Zheng cotton.

The price of cotton yarn is still weak. The general price is 23000 yuan / ton for Qian Qing C32S. The price of imported cotton yarn is also strong because of the strong price of cotton.

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