The Holiday Atmosphere Is Getting Stronger And The Cotton Market Is Ready To Work.

As time goes by, in the next few days, Christmas Eve, Christmas and new year's day will be followed. Domestic and foreign market transactions will be shrouded in festive atmosphere. In recent days, cotton trading has also been affected by the festive atmosphere, and the market parties have taken actions to prepare for the new year and the Spring Festival.

From the perspective of the whole industry chain, only a handful of seed cotton are sold in the territory, and there are few left in the hands of cotton farmers. Moreover, according to the recent feedback, most cotton farmers in Xinjiang have received the initial planting subsidy, and some provinces in the mainland have also been subsidized. Even some cotton farmers have already prepared some spring sowing materials in the coming year. At present, the internal and external ginning enterprises are being processed in an orderly way. Most of the machine processed cotton processing enterprises in Northern Xinjiang have finished processing, and the next work is mainly to carry out sales. Due to the improvement of trade relations between China and the United States, some enterprises will see more confidence and will digest some resources in the near future according to market trend.

Compared with the cotton ginning enterprises, some traders in the near future have to make profits as soon as possible to complete the end of the year tasks or to have the stocking demand nodes in the lower reaches, and actively transfer the resources from the Xinjiang library to the mainland for sale. According to the author's investigation, the textile enterprises in recent years have higher demand for high-grade cotton in Xinjiang and Hubei. The feedback from the head of a textile enterprise in Hubei is limited, and the demand for the goods can only be transported from the mainland to the mainland because of the small demand of enterprises this year. Therefore, it is difficult to find a good and inexpensive source of goods. Seeing that the Spring Festival is approaching, we need to act ahead of schedule now. Due to the improvement of the macro market mentality, the printing and dyeing enterprises have increased their orders recently. However, due to the approaching holidays, the number of orders can be limited. Most of the enterprises have already announced the holiday in advance, and the order that can not be completed before the Spring Festival can only be postponed to the next year.

Compared with last year, this year's enquiries were not as enthusiastic as before. Moreover, the scale of downstream purchase orders was not large. Some textile factories in recent years have some incentive to increase the price of cotton, but the effect is limited. With the easing of Sino US trade relations and the gradual return of the market to the fundamentals, the number of new cotton public inspection is still increasing, and the imported cotton stocks are abundant, and the supply side pressure remains to be released.