The Progress Of Textile Enterprises Will Accelerate The Expected Time Of Textile Enterprises To Be Ready For Longer Next Year

As the development and Reform Commission reiterated that the reserve cotton rotation took place in March 6th, the cotton mill began to increase sales efforts in recent days, the sale price of lint was slightly reduced, the bargaining space was 100-200 yuan / ton, the "double 28" hand picked cotton gross weight delivery price was 15500-15600 yuan / ton, and the "double 29" hand picked cotton gross weight was 15700-15900 yuan / ton. Considering the high cost of pre harvest rush in this year's cotton mill, and comparing this year's and next year's reserve cotton rotation policy, the scale of Xinjiang's local spinning is greatly increased this year, and the quantity of Xinjiang's cotton supply to the mainland's textile enterprises will be reduced.

Judging from the supply and demand of cotton, there are not many substantive changes in this round of reserve cotton. Therefore, it is estimated that next year's cotton reserves will not be too much pressure on the market. At present, Xinjiang cotton has eased its steam spanportation problem slightly. (November 19th -11 25), according to the national cotton trading market database, the Xinjiang highway checkpoint points out the 75 thousand and 300 tons of highway cotton spanport volume, but the overall spanport volume is still not large, and textile enterprises began to replenishment, suggesting that the construction of the warehouse should be more single and short-term rolling operation.

Overnight ICE cotton contract price continued to rise, March contract closed 71.54 cents / pound, up 0.24 (0.34%), volume increased. In November 30th, the ICE futures market continued to explore. The main oil producers in the second half of the spanaction cut crude oil production, resulting in nearly 10% of the international oil price surging. Under the influence, ICE futures rose sharply and eventually rose slightly. Pay attention to the weekly report of US cotton export.

　　 India Market

On the 30 day, the local S-6 ginning factory in India picked up a price of 39250 rupees / candi (73.05 cents / pound) and Punjab J-34 to 4160 rupees / Moore (73.80 cents / pound). At present, India has listed 19 thousand and 600 tons of lint cotton, including 6 thousand tons of Gujarat and 6 thousand and 800 tons of Maharashtra.

　　 Pakistan Market

Since the outbreak of the India Pakistan export incident, Pakistan has not made an official statement so far. The future of India cotton is uncertain. On the one hand, the price of cotton in Pakistan is higher, and the picking price of the new flower ginning factory is 6300-6500 rupees / Mond; on the other hand, it is forcing the local traders to turn to India cotton "substitute". It is reported that the buyers of Padang have already started part of West African cotton and American cotton, and some local high yarn spinning enterprises have to buy Turkmen and Spanish long staple cotton because of the "DCH-32 cotton" embargo in India.

　　 domestic market

Thanks to the promotion of centralized cotton replenishment and cotton lint costs in the mainland, the price of cotton picking and turnover in the Corps has been more active recently, and the price of the standard grade cotton is relatively low. For example, the price of "double 28" is 15200 yuan / ton, the gross price is 15600-15700 yuan / ton, and the "double 29, double 30" spanaction price is 16000 yuan / ton, while the local cotton enterprise "double 30" gross price quotation is 16000 yuan / ton. In addition, Zheng cotton's CF1705 contract continued to be high, and the confidence of the hedging enterprises was strong, especially the high quality cotton produced by the futures delivery of "2128/2129" and "3129/3130" level.

For more information, pay attention to the world's clothing and shoe net.