It Is Imperative For Cotton Traders To Purchase "Picking" Acquisitions Again.

According to the survey, the average daily oscillation amplitude of Zhengzhou contract has narrowed and the risk is gradually controllable.

At present, the purchase of new flowers is coming to an end. The cost of new cotton is basically stable, and the inventory of textile enterprises is decreasing.

Some foreign businessmen since November 16th.

Traders once again accepted the "point price" contract of cotton processing enterprises within the territory, but no longer used the CF1701 contract as a reference, but the disk price of the CF1705 contract minus 870-900 yuan / ton to accept the buyer's "spot price" (870-900 yuan / ton for outbound freight + financial costs, outgoing warehouses and warehouse Dan Shengcheng and other expenses, has been deducted 500 yuan / ton pport subsidy), from the feedback point of view, the cotton enterprise performance is not positive, and the day before the CF1701 contract "spot price" is very different.

Industry analysis, on the one hand, the CF1705 contract price and CF1701 "upside down", the basis expanded to 900 yuan / ton, cotton enterprises hedging settlement price is not high.

For example, in November 17th, the CF1705 disk was 16000-16200 yuan / ton, minus 900 yuan / ton basis difference. The price of "3128B" grade to gross weight was 15500-15700 yuan / ton, which was even or slightly lower than that of lint cotton.

On the other hand, intra cotton enterprises are facing 11 and December.

The rise of the expected increase in railway and highway pportation capacity is seriously inadequate.

The raw material replenishment of cotton enterprises in the mainland is imminent and the quality of real estate cotton supports the sales expectation of "double 28, double 29" cotton plants at 16000 yuan / ton.

From the survey, recently, the territory's revenue reduction and stop collection.

The number of cotton growing areas in Northern Xinjiang has reached 20%-25%.

On the one hand, with the popularity of autumn peach and post frost flowers, the grade of seed cotton has dropped dramatically, and the moisture content of seed cotton has risen sharply in recent days.

In order to ensure the quality of lint and reduce the risk of loss, it is imperative to "pick" acquisitions.

In October, the sale of lint cotton, the slow progress of the Xinjiang export, the tightening of bank loans, and the purchase of "credit" or "white bill" under the premise of many cotton ginning plants falling to 40% yuan per kilogram of cotton seeds in the territory of 7.10-7.30, the aim was to lower the average purchase cost of seed cotton, and recently sold cotton lint to the farmers to settle their loans.