Shipping Goods Shoulder To Shoulder

According to the feedback from some cotton traders and cotton textile enterprises, in July, compared with the domestic cotton spot market which is "not warm, hard to fire and weak", the foreign cotton of July / December shipping period in all producing areas is booming (the shipping period of American cotton in 2020 / 21 is concentrated in January / March, while the new cotton quotation of India in 2020 / 21 has not yet started to be pre-sale), mainly American cotton, Brazilian cotton, Indian cotton, and western cotton in 2019 / 20 In 2020 / 21, Brazil cotton, Australian cotton, Argentina cotton, Mexico cotton, etc. (Argentine lint length is generally concentrated in 1-1 / 16 ~ 1-1 / 8, strength is 28gpt or below, index and spinnability are slightly lower), the overall performance is more producing areas, large quantity and mixed quality.

Textile enterprises in Henan, Shandong and other places said that at present, the shipping resources of international cotton merchants and large-scale import enterprises are various, and there is a big difference in grades and grades, which makes them feel somewhat fancy. On the one hand, the import quota of cotton within 1% tariff is relatively rare, and haogang needs to use it on the edge, so the planned procurement focus is still on high-quality Australian cotton, American cotton and Brazilian cotton; on the other hand, although ice's main contract market continues to consolidate above 62 cents / LB, most international cotton companies are not willing to adjust the basis of Brazil cotton, Indian cotton and American Cotton (West Africa cotton increased the basis against the trend) However, due to the appreciation of RMB, the exchange rate broke through 7, which has a certain stimulating effect on the contracted bonded cotton and shipping goods.

According to the survey, the net weight quotation of 31-3-36 (strong 28gpt) was 13100-13150 yuan / ton, 12500-12600 yuan / ton for m1-1 / 8 Brazilian cotton and 12500-12600 yuan / ton for Indian cotton The quotation of 1-5 / 32 is 12000-12200 yuan / ton, and the price difference between the three is relatively stable; however, although Indian cotton has advantages in price, it is not concerned by domestic cotton enterprises due to large impurities, many foreign fibers and poor consistency. "Although the price is low, but the goods are not beautiful" is the main feature of Indian cotton in recent two or three years.

A trader in Zhangjiagang said that in 2020 / 21, the focus of procurement and operation is still Brazilian cotton, American cotton and a small amount of West African cotton (Australian cotton has high price, few customers but relatively stable), and try not to touch or touch less cotton from India or other small production areas. First, delivery is not guaranteed; second, quality difference is large; third, domestic textile enterprises are inconvenient in cotton distribution, and they do not recognize the commodity inspection index.