Textile Enterprises Actively Pay Attention To The Growth Of New Cotton

Cotton market observation

Since last week's three day of July 1st, the involvement of cotton companies has been relatively high, with a turnover of 100% on three days. This week, the selling price was 11895 yuan / ton (discount standard grade 3128B), up 58 yuan / ton compared with the previous week, and 8 thousand tons of daily output of resources and 50% of Xinjiang cotton. State rotation and rotation have become normal. This year, under the epidemic situation, enterprises are still actively participating in the auction. The proportion of textile enterprises participating in the auction is larger, and the auction process is very intense, with a larger increase in price. What is the main reason for this? The author has summed up the following main factors after communicating with some of the auction companies:

First, low grade cotton market needs, indicators are appropriate.

This year, after the stabilization of the epidemic, the consumption of the market is slowly recovering, and governments everywhere are actively implementing various measures to promote consumption. However, the textile enterprises have some difficulty in their operation. Only the sale of the low count yarn has improved slightly. Therefore, the cotton in the sub national cotton store is mostly cotton in the year of 12/13. Besides the decline of the color level, the other indexes such as length, micron value, fracture strength and length uniformity index are all acceptable, and do not affect the use of cotton blending in the textile enterprises. Higher degree.

Two, turn out cotton has price advantage.

Since last Wednesday, the average price of real estate cotton was 10936 yuan / ton, 11151 yuan / ton, 11194 yuan / ton, and the average price of Xinjiang cotton was 11372 yuan / ton, 11572 yuan / ton, 11578 yuan / ton. Since the end of June, Zheng cotton futures have been rising for five days, and the spot prices of the market are mostly selling at the spot price of the futures market. Therefore, the selling price of the Xinjiang cotton spot market is also 12000 yuan / ton, which has a certain price difference with the price of the national cotton store.

Three, convenient transportation

The auction of national cotton storage resources related to the landlord producing areas in Hebei, Shandong, Hunan, Hubei, and Xinjiang local and corps cotton, and the listing points are also concentrated in Hebei, Shandong, Hunan, Henan and other textile provinces. At present, it is rather difficult to pick up goods in Xinjiang. On the one hand, after the inspection of the safety month in June, the train transportation requirements have been improved, and the difficulty of shipping has increased; and the freight rate has increased by 5% since July 1st. On the other hand, the price of vehicle transportation has been increased, and affected by the epidemic situation in Wuhan, Beijing, Hebei, there are many restrictions on vehicles in Xinjiang, and the difficulty of finding cars has also increased. Therefore, the auction of national storage cotton in the mainland to pick up goods, transportation is more convenient.

The epidemic has already brought worldwide impact. With the gradual stabilization of domestic market, textile enterprises continue to pay attention to the controllable situation of domestic and international epidemic situation when they actively bid for suitable national cotton reserves. At present, it has entered the July, Xinjiang cotton has generally entered the flowering bell period, and the mainland has also entered the buds stage. The enterprises also expressed the focus on the growth of new cotton in order to improve the prediction of the market.