Xinjiang Cotton Spot Quotation Stable Freight Continues To Fall

Although in late March, Zheng cotton disk price oscillation fell, the CF1905 contract broke 15000 yuan / ton, and the import of cotton outside the port was still more active. The paction price was less than the 1000 yuan / ton of Xinjiang cotton in the inland bank. However, the price of the goods sold in the territory and the outer part of the country kept stable. The willingness of the ginning factory and the traders to take the initiative to lower the quoted price or expand the profit margin was not strong. Some cotton traders involved in the "CF1905+ basis" mode sold the cotton business to achieve the goal of stabilizing the cotton price and protecting the profits by increasing the "base".

At the end of March, Henan, Jiangsu, Shandong and other places in the southern part of the 3128B/3129B class southern China hand picked cotton (including 2128B/2129B, fracture strength 27-28CN/tex), the public offer 15800-15900 yuan / ton, "double 28" hand picking cotton (impurity content less than 1.5%), the public offer is generally 16000 yuan / ton.

Kuitun, Shihezi and other regulatory libraries in Northern Xinjiang, "double 29" (impurity content 2.5-3.0%), were ordered to quote 15550-15650 yuan / ton (the cost of outgoing goods) by the seller, and the price difference between the high quality and high quality spinning cotton and cotton picked up within the territory was further reduced to about 100 yuan / ton.

The inner ginning factory sells low gross value, low fracture strength, and high impurity of machine picked cotton to "gross price". The profit margin is 50-100 yuan / ton, while the "double 28/ double 29" (containing 27CN/tex and batches of fracture strength) is more willing to sell "futures price", and most of the profit margins are within 50 yuan per ton.

Akesu, Korla, Urumqi and other regulatory libraries reflect that in the late March, Xinjiang cotton road pport volume declined steadily overall. The proportion of direct purchase and pportation of textile cotton enterprises in Chongqing, Sichuan, Zhejiang, Hubei and other places was still low, entrusted to the trade and Commerce generation to purchase and pmit pportation, and the trucking fee was basically stable, but some of the line tariff continued to decline slightly.

Since April 1st, the value-added tax rate of pport services has been cut down.

The China Railway Corporation has decided to synchronously reduce the freight rate of freight cars, LTL, container and other goods, cancel the 6 miscellaneous fees such as dump trucks and other service charges, reduce the 4 toll standards such as the delayed occupancy fee of freight cars, and the value added tax of highway pportation will also be cashed.

Since March, the short supply and warehousing of cotton within the territory has basically ended and energy pportation has been running smoothly through the peak period. In addition, with the increase of temperature and the smooth traffic of roads, the number of vehicles entering and leaving the territory has increased substantially, and the freight charges for centralized pportation of cotton have been reduced.