Xinjiang: Cotton Purchase Basically Closed, Lint Rose Slightly

As of mid December, the purchase of seed cotton was basically over in Shihezi, Changji, Akesu, Kashi and Korla in the northern Xinjiang, and most of the cotton ginning plants had entered the cotton processing and marketing stage.

But in some remote areas, there are still a few cotton seeds. The main purchase price in the southern region of Akesu is 5.5-5.6 yuan / kg. The purchase price of cotton in the middle and high quality is 5.8-5.9 yuan / kg (40% of lint, 10% of water), while the price of some flowers is more chaotic than that of some yuan, and some of them are below 4 yuan / kg.

In recent years, most of the cotton ginning mills were bought by the unified flower. The daily purchase amount was mostly less than 100 thousand jin, and the lint after processing was 4127 grade and 2227 grade.

16, a market person in Akesu said that Jiangsu, Shandong, Henan and other places of textile enterprises to Xinjiang inquiry, but not many pactions.

On the same day, the lint prices of grade 3128 and grade 2129 in Akesu platform were 13800-14000 yuan / ton, 14300-14400 yuan / ton respectively, which rose slightly 100 yuan / ton compared with 12 days, while some high-quality 2129 grade cotton lint was at 15000 yuan / ton line, 300 yuan / ton higher than that of 12 days.

Platform 4128, 2227 hand picking cotton prices are 13500 yuan / ton, 13200 yuan / ton, the price is flat yesterday, the northern Shihezi area machine picked cotton reported at 13000-13200 yuan / ton.

Market analysis, textile enterprises replenishment will be launched in the near future, to bring more profits to the spot, now spinning enterprises need high quality cotton, some "three silk" less, fiber length, horse good.

It may sell for a higher price, but some low grade cotton is still unattended, and prices are stable.

At present, some ginning plants and cotton traders are going to start.

In Shandong, Hebei and other places, 3128 and 2129 grades of cotton pickup price in southern Xinjiang were 14500-14600 yuan / ton and 14700-14800 yuan / ton respectively, while the price of machine picked cotton in the north of Xinjiang warehouse and Kuitun was 13800-14000 yuan / ton (3128 level).

And some have moved to Shandong, Jiangsu and other places long staple cotton is hot, textile enterprises inquiry positive, market turnover is also more.

Most market participants believe that long staple cotton will continue to increase, because the production of long staple cotton is decreasing this year, and the quality of cotton is generally needed.

Under this psychology, some cotton traders, spinning enterprises and even brokers are quietly hoarding long staple cotton.