Xinjiang Lint Transportation Is Weak, Freight Is Increasing Steadily.
According to some regulatory libraries in northern Kuitun, Urumqi and the southern part of akake, Zheng cotton has once again dropped to 12075 yuan / ton in early August, a new low since mid May 2016, causing a base quote and a 700-800 yuan discount. Because of the lack of import quotas, quotations and "upside down" of Xinjiang cotton, the cotton outside the port is not favored by cotton mills and middlemen. In the past half a month, Xinjiang cotton transportation has not stopped showing signs of recovery. Especially in the southern Xinjiang, the number of hand picked cotton shipments is very low.
A cotton trader in Akesu said that in the middle of August, some cotton traders and ginning factories had a price difference of 100-150 yuan / ton between hand picked cotton and machine picked cotton, but the "double 28" hand picked cotton was higher than the quality cotton picked up by 200-300 yuan / ton, so the hand picked cotton with low quality index, poor consistency or large impurity was in the state of having no price in 29/. With the new cotton picking, processing and listing entering the countdown in 2019/20, the contradiction between adequate supply and deserted demand has become increasingly prominent.
Henan, Hubei, Shandong and other textile enterprises said that since July, Xinjiang cotton road transport costs continued to rise slightly, lint costs increased. On the one hand, the territory's fruits and vegetables are gradually coming into the market. The number of vehicles coming out of Xinjiang is reduced compared with that in 4-6 months. On the other hand, the continuous hot weather has increased the consumption of motor vehicles and oil and increased the risk of transportation. In addition, Henan, Chongqing, Jiangsu and Zhejiang and other places of civil cotton enterprises (including cotton) mostly stopped Chen cotton inquiry and procurement, waiting for the late September, southern Xinjiang and Dongjiang hand picked cotton market.
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