Why Is Xinjiang Cotton Shipped So 2019 In The Year?
According to Kuitun, Akesu and other cotton regulatory warehouse, Zheng cotton futures delivery library feedback, since June, Xinjiang cotton truck outbound volume has a certain decline compared to the end of May, including Shandong, Jiangsu, Henan and other key flow of highway transport prices as a whole continued to slightly down 15-30 yuan / ton. Railway transportation is still relatively high, mainly transported by large and medium-sized cotton textile enterprises, cotton traders and corps in the mainland, not only in the direction of flow, but also in the delivery schedule, and it does not exclude 70 tons of heavy duty box cars. It is understood that in May Xinjiang cotton shipments significantly higher than in March and April, a record high this year.
Why is the "Xinli cotton" shipped in 2019/20 so "giving power"? The industry is summed up as follows: first, the impact of the new crown epidemic situation and the enormous pressure of the internal supervision warehouse is enormous. In 2019, the railway department has cut down the freight rate of cotton for a long time, and in addition, the freeway has been free for 80 days during the epidemic period. The two is to increase railway transport capacity, speed up Xinjiang cotton export and reduce the losses caused by the epidemic to the railway sector. Three, in recent years, a large number of cotton trade enterprises and investors have entered the Xinjiang cotton industry (only trade and participation in purchasing processing are relatively few). After December, the circulation of cotton resources can be highly concentrated. Trade hedging, arbitrage and basic sales need to give full play to the role of capital and means of avoiding danger, and the enthusiasm for moving to the mainland is high. Four, with the deepening reform of the corps and the opening up to the outside world, a large number of cotton processing enterprises of the regiment have contracted and leased abroad, and the volume of transportation of the cotton to the landlord consumer area and the mainland warehouse has been substantially ahead of the previous years. Five, the cotton processing enterprises in Xinjiang have entered the integration period. The acquisition and processing capacity of several large enterprises has been increasing continuously in the total output of Xinjiang. They have been "familiar" with the means of hedging, delivery, storage of cotton, e-commerce platform, pledge financing and so on. Xinjiang's cotton industry has gradually formed a model of entity enterprise finance and financial enterprise entity.
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