The Situation Of Xinjiang Cotton City Is "Too Few And Too Few"

Most of the hands are leather roller cotton at present, and the total amount is not large.

Because of the good cotton fiber length and good consistency, the roller roller is relatively popular with textile companies.

In April, domestic cotton supply showed a pattern of reserve cotton, commodity cotton and imported cotton, and the supply of cotton was stable.

According to the survey of purchasing intention of China's cotton industry inventory, 72% of raw materials enterprises were prepared to purchase raw materials in early April, and 2 percentage points higher than the central enterprises.

The average monthly price of domestic 3128B grade cotton in April was 15872 yuan / ton, down 0.4%, up 32.1% from the same period last year.

"Reserve cotton sells better in the spot market."

A cotton trader in Hubei said that the "double 28" reserve Xinjiang cotton sale price was 16500 yuan / ton (gross weight and pick up), up 100 yuan / ton compared with yesterday; 3128/29 grade reserve Southern machine picked cotton price was 16600 yuan / ton (horse value B2, fracture strength 28CN), up 200 yuan / ton compared with the beginning of this week.

Quality reserve Xinjiang cotton is basically in short supply, enquiries and goods are constantly on the market. Many have to make reservations beforehand. In recent days, many small textile enterprises and cotton traders have commissioned large traders and textile enterprises to auction cotton reserves.

In order to resist risks, many cotton enterprises and traders stepped up production of warehouse receipts to hedge.

"Many companies that have made the package have benefited.

Making warehouse receipts will play a role in resisting risks and increasing revenue. "

Some market participants say that more and more people are aware of this, and therefore, the futures market is also becoming more and more lively.

The head of a Akesu ginning factory said that the total spot stock was 70-75 tons at present, but the overall quality was not high. Most cotton fibers were below 28 millimeters in length, with a low horse value and a fracture strength of S3 and below.

Many enterprises responsible for low quality cotton stocks say that whether they are local textile mills in Xinjiang or traders and cotton textile enterprises in the mainland, they are all concerned about high quality cotton.

A ginning plant in Akesu will continue to increase the price of "double 29" and "double 30" cotton by 200 yuan / ton, and the price will reach 16500-16600 yuan / ton (pick up and gross weight).

According to the person in charge of the plant, the quality of the products is scarce, and the quality is high.

"High prices are hard to find", and the price rises are taken for granted.

In recent two days, many Xinjiang ginning plants have increased the price of "double 28" grade cotton.

This week, Zheng cotton soared, of which the main CF1709 contract rose from 15380 yuan / ton to 16290 yuan / ton.

In view of this, many people in the industry have greatly increased their confidence. Some people even expect that Zheng cotton will break through the 17000 yuan / ton mark in the short term.

In this way, the possibility of spot raising is very large.

Mainland traders and cotton textile mills are coming.

Recently, from the mainland

In Xinjiang cotton area, prices, goods and pactions are everywhere, especially for high-quality cotton.

But in contrast to quality cotton, Xinjiang cottonseed is on the decline.

The price of cotton seed loading in Akesu area was 1.18 yuan / jin (14% of oil and 10% water), and 0.02 yuan / Jin fell over the 16 day.

In recent years, Xinjiang cottonseed is not much, but most of the oil refineries are shut down, and cotton seeds are rarely asked, causing prices to continue to slide.

Cotton seeds are expected to fall easily in recent years.

In April, China's cotton throwing and storage were carried out smoothly. Australia cotton and Brazil cotton were listed one after another, and the market supply was loose. However, the increase in US cotton exports and the decline in the US dollar index supported the international cotton price and the international cotton price rose slightly.

In April, the average price of CotlookA index (equivalent to domestic 3128B grade cotton) was 87.04 cents / pound, up 0.3% from the same month, up 25.6% over the same period.

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