Xinjiang Cotton, Imported Cotton Quotation Trend Is Weak, Mainland Real Estate Cotton Quotation Raise Slightly

It is understood that in March of last year, cotton reserves began to spin out, and textile enterprises mostly used the purchase of national cotton reserves to replenish their stocks. Because of the lack of news of the reserve cotton rotation this year, the market situation of lint sale in the market is slightly different from that in previous years.

Among them, Xinjiang cotton enterprises strongly promote sales, while the mainland cotton enterprises are reluctant to sell. The price is strong, and sales are increased. Sales of cotton lint in different regions show double days. The sale of cotton with different quality is also polarized, and the sales price of high quality index cotton is stronger and the index is weak.

Affected by the increase in Xinjiang's Zhengzhou cotton futures delivery warehouse, most of the cotton companies in the last year chose to enter the futures market for hedging, and the warehouses of the futures delivery warehouses were full daily, while the commodity cotton warehouses were rather bleak.

Cotton that has been registered as a futures warehouse receipt is mostly sold when the futures market is at a high price, and cotton that has not been registered as a warehouse receipt does not meet the requirements of the futures warehouse receipt standard because of the quality index, and the demand for funds is tight.

At present, the pledge period expires. In order to return the pledge, cotton enterprises do their best to promote sales. The quotation is lower than that of the market, and the quotation of high quality Xinjiang cotton, which is circulated in the market, has also maintained a strong trend.

With the increase in the number of imported cotton, the quotation of imported cotton has been reduced.

According to statistics, in March 11th, the price of lint cotton with lower breaking strength than Xinjiang cotton was 15100-15300 yuan / ton (Xinjiang's own mention ticket), and the breaking strength ratio of Xinjiang lint was 3128 yuan / ton, which was 100-200 yuan / ton compared with the same period last week. 2129 Xinjiang cotton price was 15900-16000 yuan / ton, which was flat compared with the same period last week.

The Australian cotton quotation in the spot market is 16700-16900 yuan / ton (net weight since the mention price), and the price of other varieties of cotton is more than 15700-16100 yuan / ton, which is down 100-200 yuan / ton compared with the same period last week.

Compared with Xinjiang cotton and imported cotton quotations weak trend, the mainland real estate cotton quotation slightly increased, the current offer at 15000-15300 yuan / ton (gross weight mention ticket price), compared with the same period last week rose 200 yuan / ton.

The main reasons for raising the quotations of cotton enterprises in the mainland are: first, with the continuous consumption of cotton stocks in spinning enterprises, the number of lint stocks in the market is becoming less and less; two, there are few cotton enterprises after the festival, and with the increase of financial expenses, the quotation of cotton enterprises is strong; three, it is not yet clear whether the cotton reserves are delivered or not, the spot supply of the market is small, and the quotation of the real estate cotton is low. The textile enterprises purchase more during the replenishment period, and the cotton enterprises' psychological selling is increased.