High And Low Cotton Price Differentiation Machine Purchase Cotton Procurement Increased

At present, the price differentiation phenomenon of high and low cotton is more obvious in the market. Enterprise feedback indicates that because of the dislocation of domestic cotton supply and demand links, the domestic cotton yarn production needs a lot of high-quality cotton, while the technology of Xinjiang cotton picking is not mature enough, and the quality is not recognized by the enterprises. Quota enterprises imported cotton and Australian cotton without three wire machine picked cotton, which also led to a larger base of machine cotton picking this year. However, after all, the quota of imported cotton was limited and the cost performance also decreased due to the rise of ICE cotton. In the case of high quality domestic hand picked cotton resources, some enterprises began to increase procurement of machine picked cotton in Xinjiang, and textile enterprises gradually increased their adaptability to machine picked cotton.

Because of the disadvantages of high impurity and short staple rate of cotton picking, cotton trade enterprises are not very well shipped and bear certain sales pressure, but the futures market allows machine to pick up cotton registered warehouse receipts, and the recent rise in cotton prices also gives traders a chance to hedge.

Textile enterprises have different attitudes towards machine picking cotton, but it is generally believed that Xinjiang hand picked cotton has better spinnability than Xinjiang cotton picking machine, and Xinjiang hand picking cotton is also the main way for early purchase. A textile enterprise in Zhejiang is a well-known color textile enterprise in China. There are textile factories in Xinjiang and abroad. At present, the raw material inventory is maintained within 3 months, and the cotton yarn inventory is maintained for about 20 days. The raw material purchasing officer of the enterprise thinks that the price of hand picked cotton will be a little stronger in the later period of Xinjiang, and the price of machine picked cotton will continue to weaken with the appearance of inventory pressure. A cotton spinning enterprise in Dezhou, Shandong, is one of the top 100 cotton spinning enterprises in China, with a scale of millions of spindles. yarn Inventory is now maintained within 1 months. All the enterprises purchased in advance were Xinjiang hand picked cotton, but with the reduction of hand picked cotton spot in Xinjiang, the cotton production of Xinjiang Corps was mainly based on cotton picking. The person in charge of the company believes that the spot cotton market is hard to see a big rise and fall.

Also have Textile enterprises It is indicated that if the cotton yarn order is not sustainable in the later stage, then the textile enterprises' enthusiasm for purchasing Xinjiang cotton will also be reduced. The lack of high-grade cotton makes textile enterprises increase their adaptability to machine picked cotton. Later, machine picked cotton will become a mainstream in the market.

Cotton spinning downstream orders improved. Cotton yarn Stock prices have declined, cotton futures prices have also risen, and market share of cotton futures outlook is quite different. With the support and assistance of Zheng Shang, the galaxy futures Ji'nan business department has carried out an investigation along with the textile department.

The survey results show that the inventory level of finished goods in cotton spinning industry has decreased significantly compared with the same period last year. The seasonal peak season has a stimulating effect on sales and raw material prices, but cotton spinning enterprises still face structural problems of raw material supply and the market share of imported cotton yarn. Under the pressure of a large number of cotton reserves in the country, cotton prices rose more space. Enterprises generally believe that cotton prices are difficult to fluctuate significantly.

It is worth noting that the cotton spinning enterprises surveyed are generally concerned about the trend of cotton futures, and also carry out the operation of overdue combination. Most cotton spinning enterprises also have high hopes for the upcoming cotton yarn futures, hoping that they will be listed early so as to avoid the spot risk of cotton yarn.