Foreign Trade Orders Back To Export Cotton Or Close To High Grade

In recent days, the number of confirmed cases in China has maintained at more than 100, and most of them are confirmed cases in Xinjiang. Therefore, the epidemic prevention and control in Xinjiang is expected to be further strengthened. At present, both the internal and external transport of cotton in Xinjiang have been restricted to different degrees.

According to the feedback of Xinjiang's internal sub cotton warehouse, the current lint outward traffic volume is stable and slightly decreased, because it is the off-season, so the overall is still stable. Now some warehouses have suspended the automobile transportation business, and the railway transportation basically keeps normal. According to the feedback from some intermediate trade enterprises, the demand for medium and high-end cotton in Xinjiang is relatively good in recent years, especially in the machinery picking cotton of Shuang 28 and above corps, the frequency and quantity of purchasing have increased, and many enterprises have also raised the sales basis of 100-200 yuan / ton. According to feedback from some purchasers, the rotation of reserved cotton has supplemented the demand of some low-end markets. In addition, the supply of local cotton and Indian cotton has made the transaction rhythm of the low-end market relatively stable. However, with the recovery of foreign trade orders, some enterprises' orders have increased, and the order yarn tends to be in the middle and high-end, so the digestion of high-quality Xinjiang cotton has increased significantly, so the replenishment of high-grade lint has been increased to varying degrees. Due to the worry that Xinjiang cotton transfer is blocked, the shipment of high-quality resources from some warehouses in the mainland has also increased accordingly.

According to the person in charge of a warehouse in the mainland, Xinjiang automobile transportation has been impacted by the epidemic situation, and fire transportation will become the main transportation force. It is expected that the railway transportation of Xinjiang cotton out of Xinjiang will increase significantly in August. At the same time, the enthusiasm of traders to transfer high-grade cotton in warehouses to meet the cotton demand of mainland enterprises will also increase. If the foreign trade market continues to pick up in September, there will be strong support for domestic high-grade Xinjiang cotton prices. However, how the macro market changes and how the epidemic situation develops in Xinjiang have an important impact on it. Therefore, enterprises should not only prevent risks, but also purchase raw materials on the premise of making good budget preparation.