Xinjiang Cottonseed Price Down &Nbsp; Cotton Price Is Now Callback Pressure.

According to the survey, 2-4 days in March, Xinjiang, Akesu, Bachu and other places cotton seed paction price 1.90-1.92 yuan / kg (including vehicle fees), compared to the Spring Festival before and after the fall of 0.05-0.06 yuan / kg, some cotton enterprises said that due to the spring temperature rise, cotton seed storage difficulty, coupled with the international crude oil growth trend is slowing down (geopolitical risk weakened), domestic squeezed enterprises imported large quantities of soybean oil supply, so the cottonseed price still has further pressure, cotton enterprises have accelerated the sales of cottonseed.

On the 2 day, the public quotations for the three grade cotton spot in the southern warehouse of the southern warehouse in the southern part of the mainland are still generally 21000-21200 yuan / ton. The three grade cotton in northern Zhengzhou warehouse in Henan has already quoted 20800 yuan / ton, but the volume of enquiry and turnover is still magnified. The quotations of small and medium-sized cotton textile enterprises in Henan, Shandong and Hebei remain at 20500-20600 yuan / ton, and the capital situation of cotton enterprises is very tight, and the phenomenon of acceptance of bills or a small amount of credit is gradually increasing.

Heze, Xinxiang, Nanyang and other small and medium-sized spinning mills main procurement

It is understood that although an international cotton trader recently bought three grade cotton in Xinjiang cotton area at a price of 100-200 yuan / ton above the storage price, it paid 80% of the goods to the designated warehouse, but most of Xinjiang's cotton processing enterprises did not buy it. On the one hand, a large number of high-grade Xinjiang cotton had been imported.

Some countries' research institutes and foreign research analysts believe that China's cotton consumption capacity in 2011/12 is not only less than 9 million tons, but also below 8 million 500 thousand tons, especially the demand for high-grade cotton.

Although some large and medium-sized cotton textile enterprises have obtained the general tariff quotas for trade cotton in 2012, they can only be used after May, leading to the import of foreign cotton imports by most domestic port traders, mostly through the import quota of 1% quotas, while raising the quota pfer price, and at the same time, a large quantity of cotton is hoarding in the port free trade zone and unable to enter the domestic market. The current port volume is mainly the India cotton, West African cotton or Brazil cotton which have been cleared before the end of 2011. However, due to the impact of consumption, the stock of Xinjiang commodity cotton in the mainland warehouse has been increasing continuously in February, and the quotation has been uneven.

In the short term, cotton enterprises are represented by a large cotton textile enterprise in China.