The Production Of Long Staple Cotton Is Decreasing, And The Cotton Mill Has Opened Up Scales One After Another.
Beginning in October 15th, Akesu's long staple cotton was gradually purchased. Due to the shortage of water resources, the rising cost of artificial harvesting and land transfer, the planting area of long staple cotton has dropped by nearly 20-30 Mu this year. Awati County, known as "the town of long staple cotton", has been actively using improved varieties to improve its management so as to increase production. According to the estimate of some cotton farmers at present, the output of high quality cotton fields can reach 380 kg / mu, which is expected to increase income. However, according to feedback from some processing enterprises, the total production decline this year is inevitable.
According to recent research, the price of long staple cotton scale is only around 7 yuan / kg this year, which is about 2 yuan / kg lower than that of the same period last year, and the purchasing power of the cotton ginning mill is not as good as before. Some enterprises even say that this year the processing is temporarily stopped. Some enterprises are worried about the fall of seed cotton prices. At present, wait-and-see is waiting to wait for the increase in the listing of long staple cotton.
Through the survey of the upper and lower reaches of the long staple cotton industry, it was found that the price of long staple cotton lint was 26500 yuan / ton in December last year, and now it has dropped to 20500 yuan / ton. The industry generally reflected that since the sale of cotton last year, it has always been in a state of no market price, and prices have been declining, but there is still no enterprise willing to purchase. At present, the cost of processing new cotton at 7 yuan per kilogram is about 18600 yuan / ton, and the price of Chen cotton will continue to fall and close to new cotton. Therefore, inventory enterprises can only see losses increasing, but they can not digest smoothly.
The fall in the price of long staple cotton is not only dragged down by the decline in fine cotton prices, but also greatly affected by the sluggish consumption of the downstream yarn. The export of domestic high count yarn is more, and the trade war between China and the US has escalated, resulting in the loss of large quantities of export orders. Moreover, some enterprises have switched to Southeast Asia, and the consumption in the country has further declined, and the demand for long staple cotton has not been improved. Although some market participants expect a decline in the supply of new cotton, but the industry's spot circulation is blocked, and the overall situation of domestic cotton market is not optimistic, so long staple cotton is also hard to escape as a special cotton. Today, lack of market confidence or potential crisis for the long staple cotton market will be the most notable feature of this year's long staple cotton processing enterprises.
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