The Price Of Cotton Is Now Rising And The Price Is Strong.

Recently, there are more varieties of cotton resources in the market. Besides real estate cotton, Xinjiang cotton and imported cotton, there are different types of warehouse cotton in futures market.

However, textile enterprises continue to follow the strategy of buying and selling whenever the cotton market is changing.

It is understood that the mainland's real estate cotton resources are not many, seed cotton acquisition is more difficult, and the number of enterprises to maintain the acquisition is also less, the real estate cotton sales price is relatively strong, a better grade 3128 lint sale price is 15500 yuan / ton (gross weight, self mention, with tickets), the 4128 class sales price is 14900 yuan / ton.

The enterprise basically sells on the market, and the quantity of seed cotton is expanded according to the sales schedule.

As of April 17th, Zheng cotton warehouse receipt 18197 (+391) Zhang, effectively forecast 4639 warehouse receipts, a total of 913 thousand tons of cotton discount.

Among them, the origin of Xinjiang warehouse receipts is 17133, accounting for 94.15%, and the origin is 1064 for real estate warehouse receipts, accounting for 5.85%.

The number of warehouse receipt cotton stored in the designated delivery warehouse in Xinjiang is 12695, accounting for 69.76%.

In 2018, the number of Xinjiang's cotton enterprises pferring to the mainland market was relatively small. Currently, there are many different ways of selling the inventory enterprises. Among them, the most typical way is to sell hedging products in the futures market, which is pledged to large traders in the early stage of cotton enterprises.

Then there are enterprises that are weak in inventory cotton quality, and sell spot goods more when the market is better. The quotation is mostly adjusted with the futures market.

Recently, in the "double 28" of Xinjiang, the price of the cotton picking was 16000-16300 yuan / ton (public weight, self mention, with the same ticket), and the lower price was 15800-15900 yuan / ton.

Shipments of imported cotton are still good in recent years, and textile companies use their own quotas mostly in dollar terms.

The price of Hong Kong Cotton in Brazil is quoted at 16800-16900 yuan / ton (net weight, self raised, with the same ticket). The price of cotton in Brazil is 16000-16300 yuan / ton, and the price in Hong Kong is 15500-15700 yuan / ton.

There is little change in the spot market price of cotton yarn, and textile enterprises carry out the procurement of raw materials step by step.

There is support on spot stock in the market.