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Xinjiang Cotton Stabilized And Market Competition And Contradictions Intensified.

2016/11/10 14:13:00 47

CottonPriceMarket Quotation

In the short term, the trend of domestic cotton prices will not be too clear. The game and contradictions between ginning factories, cotton trade distributors and textile enterprises will become more intense. Ultimately, the outcome of the two sides' game and how to solve the contradictions will have an important impact on the cotton price trend.

Near the middle of November, the number of state-owned cotton shops in the early stage of the textile industry has been running short, so there will be a rush hour for all sectors.

However, when the new flower is on the market, cotton dealers are likely to rebound slightly in recent years, and cotton sellers are likely to rebound slightly.

Spinning enterprises believe that: the downstream demand is limited, the prices of cotton yarn and other products are still slightly down, and the contradiction between cotton price and cotton yarn price inversion continues to increase.

Spinning enterprises

The acceptance of high cotton prices is relatively low, and can not be easily purchased.

Recently, the yarn Market in Ji Lu Yu area is affected by the slow sales of downstream fabrics, and the volume and price are not ideal.

Generally speaking, the sales volume of conventional yarns is basically maintained, and the sales volume of pure cotton combed yarn is basically maintained. The sales volume of polyester cotton blended yarn is more obvious. It shows that the number of old orders is decreasing, and the quantity of old guests is decreasing.

This week, viscose staple fiber prices fell more, the current price of 15500 yuan / ton, resulting in the price of cotton yarn.

As a whole market, the price of conventional yarns may only continue to decline.

Due to the overall red flare of commodities in recent two days, plus the inquiry and pick-up of cotton picking partners in the spot market, the cotton ginning factory's hedging or selling to the traders has taken the form of "spot price".

A factory in Akesu said that it planned to sell 6 batches of lint to a foreign merchant for 7 days, asking for a list of 15450 yuan / ton. Although the futures market was not traded during the day (the highest price was 15440 yuan / ton), it was successfully sold in the late night market, accounting for the increase of the premium. The gross price of the 2128B2 class was about 15650 yuan / ton (the cost of the supervision library was paid by the buyer).

At present, Akesu, Bachu and other places are mainly buyers and sellers of large and medium cotton traders and cotton enterprises.

Purchase

There are not many (some are purchased and shipped by the Shang Dynasty).

Since mid October, the purchase price of seed cotton has been plunged into a high price, and the purchase price of hand picked cotton and machine picked cotton has fallen to 7.20-7.40 yuan / kg and 6.40-6.60 yuan / kg (40% linen).

cottonseed

The selling price also rebounded from 2.40-2.45 yuan / kg low to 2.55-2.60 yuan / kg.

With the rapid increase in the number of acquisitions, the average price of diluted seed cotton decreased from 16200-16500 yuan / ton to 15500-15800 yuan / ton, and the cotton mill's ability to resist cotton prices increased.

Some cotton enterprises in the territory reflected that with the end of seed cotton procurement, some cotton processing enterprises or production lines involved in the cotton business were pushed to the high quality seed cotton because of the restriction of the guaranteed purchase amount and the strong performance of Zheng and real estate in recent days.

The purchase price of hand picked cotton in the southern part of the cotton region (40% linen) 7.30-7.50 yuan / kg, the machine picked cotton (40% lint) in Kuitun, Shawan and other places in Northern Xinjiang also rose to 6.50-6.60 yuan / kg, all of which rose by 0.10-0.15 yuan / kg compared with the latter half of October, and the acquisition of the "tail up" market is expected to continue.


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