Purchase Of Long Staple Cotton Seed Cotton Is Coming To An End In Awati County Akesu Province

Recently, the purchase of long staple cotton seed cotton has come to an end in Awati County, Akesu, Xinjiang, with only a few acquisitions of more than 5-6 cotton mills, and tens of thousands of pounds of seed cotton and 10 kilograms of grain are being collected.

According to the feedback from cotton ginning mills, the quality of seed cotton slipped greatly, especially the linen percentage was generally low, and the recent decline in the cottonseed market continued, dragging down the seed cotton market, resulting in a decline in the purchase price.

On the 2-3 day, the mainstream price in the market was 8.20-8.80 yuan / kg (lint 32%, moisture regain 11%), and the price level dropped 0.20 yuan / kg compared with January 27th.

Right now

Many of the mainland's Cotton Traders and traders have returned to the mainland, and even some mainland textile enterprises have returned home to prepare for the lunar new year. The Awati market presents a cold front.

Despite this, long staple cotton is still worth selling.

A ginning factory official said: "these days, the 137 grade long staple cotton manufacturer's delivery price is 26800-26900 yuan / ton, and even some high quality factory price has reached 27000 yuan / ton, up 100 yuan / ton compared with January 27th, 237 level 26100 yuan / ton, 337 level 25200 yuan / ton, all slightly increased than last week.

According to the person in charge of the enterprise, Xinjiang's long staple cotton has been rising recently, mainly due to the "initiative" of the ginning factory and the market turnover is not much.

Talking about the reason for the increase is mainly optimistic about the market outlook.

Up to now, the production of long staple cotton in Akesu is basically implemented, estimated at around 35 thousand tons, much lower than the prediction of 45 thousand tons in October last year.

In addition,

The production of long staple cotton accounts for about 70% of the total output of the country, that is to say, the output of long staple cotton is only 3.5/0.7=5 million tons this year.

Since last December, the domestic fine staple cotton market has been on the rise and fall. It is believed that the fine wool cotton has been bottomed out. After the Spring Festival, the quality of fine cotton will appear in the situation of Luo Yang paper. Therefore, many large cotton merchants and Xinjiang Corps do not sell their products.

In addition, according to port traders feedback, since January this year, except for a small number of Egyptian and American Pima cotton, the main ports are all other bonded long staple cotton, and the shipping dates of all major foreign Pima cotton and gzha cotton are concentrated in 3 and April. Therefore, the price of long staple cotton that has been cleared now is very high. Among them, the 2 grade American Pima cotton price is quoted at 28200-28500 yuan / ton, and the price of gzha 86 is at 26800-27200 yuan / ton line.

A large trade dealer said that the import of long staple cotton is now difficult to get "one vote", and this year, except for the quota of 1% tons within 894 thousand tons, there is no additional quota. Therefore, it is not easy to pass the long staple cotton this year.

"This brings opportunities for Xinjiang's long staple cotton market."

On the 3 day, a cotton merchant in Shandong said that the price of the 137 grade warehouse of Shandong Ji'nan warehouse was 27600-27700 yuan / ton, and the 237 level was 27000 yuan / ton, which was 200 yuan higher than that in January 27th.

As the Spring Festival draws near, some inland areas

The purchase of long staple cotton has been stopped, but some cotton traders and trading companies have raised the price of long staple cotton slightly because of the increase in storage costs.

The cotton merchant even said that he had stockpiling about 1100 tons of long staple cotton this year, which was significantly lower than the average 3000 tons in previous years. He felt that there was a shortage of goods and worried that the market would be in short supply.

Shandong, Hebei, Jiangsu and Zhejiang provinces, cotton merchants and ginning mills are most optimistic about long staple cotton, a small increase in price quotations, and their willingness to ship is not very strong.

However, the willingness of textile enterprises to purchase raw materials before the Spring Festival is not strong.

The head of a large textile enterprise in Jiangsu said that the raw material inventory of their plant can only last 30 days, and they intend to leave the workers another week.

"I guess after the Spring Festival, the long staple cotton will have a big gap."

A textile enterprise official said that after the Spring Festival, it is likely that the lion's mouth will be extended to long staple cotton. It is estimated that the price of long staple cotton will also increase.