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Xinjiang Cotton Keeps A Firm Price Of Less Than 15000 Yuan / Ton, And The Supply Of Imported Cotton Is In Short Supply.
According to a trader in Qingdao port, at present, Qingdao port's low price import cotton sales are hot, of which 15500 yuan / ton of imported cotton is not well sold, and the price of imported cotton below 15000 yuan / ton is in short supply. Although last week, Zheng cotton CF1905 contract fell to 15000 yuan / ton (fixed settlement), but the settlement price of public settlement is still slightly higher than that of Xinjiang's spot gross weight, which is much higher than that of imported cotton, so the market acceptance is not high. Customer feedback, in Zheng cotton CF1905 contract fell to 14500 yuan / ton or even 14000 yuan / ton, it is possible to attract new long orders or factories to buy goods. In order to reduce pressure, part of May warehouse receipts shifted to September.
Through the visit to downstream customers, 2011-2015 years, the whole textile industry chain is in a state of de stocking. With the increase of cotton prices in 2016, cotton mills, cloth factories and garment factories began to replenish the various textile links. The current high inventory in the lower reaches may be the main factors leading to the slow sale of cotton yarn and cotton cloth and the poor season in the March. For the next purchase of raw materials, the market is more inclined to purchase cheap imported cotton or choose base price purchase.
Through the visit to downstream customers, 2011-2015 years, the whole textile industry chain is in a state of de stocking. With the increase of cotton prices in 2016, cotton mills, cloth factories and garment factories began to replenish the various textile links. The current high inventory in the lower reaches may be the main factors leading to the slow sale of cotton yarn and cotton cloth and the poor season in the March. For the next purchase of raw materials, the market is more inclined to purchase cheap imported cotton or choose base price purchase.
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2019/4/4 13:47:00
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