Cotton Enterprises Confidence Rises, Cotton Yarn Continues To Rise Locally

The quality of seed cotton has dropped a lot, mainly cotton fiber strength, color, horse value and other indicators decreased 1-2 times compared with the previous period, especially cotton moisture regain increased, cotton processing enterprises need to use dryer, some enterprises also increase the selection of "three silk" staff.

Why does quality drop and prices rise?

According to analysis: first, cotton enterprises are bullish.

By Zheng cotton ICE futures prices continued to weaken, while domestic cotton market supply is expected to be loose, cotton spot stability weakened.

Although the price of the downstream cotton yarn is rising, the sale of grey cloth is generally low, and the price is weak, so it is difficult to support the upstream.

According to investigation, since early October, Hami, Turpan and other places "double 28".

The paction price has been stable at 15600-15800 yuan / ton (the warehouse takes delivery of goods, the gross weight is settled, the public inspection and warehousing fee is borne by the seller).

The gross price of "double 29" machine picked cotton in Kuitun, Shawan and Shihezi cotton fields in Northern Xinjiang is quoted as 15500-15800 yuan / ton.

A small number of cotton enterprises "double 29, double 30" offer 16000-16200 yuan / ton, but cotton picking machine in local cotton enterprises is hard to deal with 16000 yuan / ton.

At present, Zheng's main CF1705 contract has been consolidated below 16000 yuan / ton. The impact on the spot market is obvious. The actual price after delivery has been lower than spot 200-300 yuan / ton.

In addition, the contract sales of corps cotton are very active, and the demand for replenishment of the textile enterprises and operators in the mainland has been greatly diluted. Under the premise that the paction price is almost the same, the superiority of the corps cotton in quality, consistency and hetero fiber control is prominent.

A 400 type plant in Hami indicated that on December 10-11, 5 batches of "2128/3128" machine picked cotton were sold at a price of 15750 yuan / ton (gross weight price), although there was no loss, but the profit was only 100-200 yuan / ton.

In the middle of December, there were more and more cotton ginning plants in the north of Xinjiang. Shawan, Jinghe and Wusu only 25-30%'s cotton enterprises were still on the way.

Some enterprises

All the warehouses were sold, and the cottonseed was sold out. The workshop was cleaned and the factory area was silent.

Wusu a ginning factory reflects that a production line (6 sets of 96 ginning machines) has processed nearly 4000 tons of machine picked cotton this year, and 30 batches of "double 28/ double 29" lint have been sold in the supervision library, plans to sell 20 batches of lint before the Spring Festival, return the funds to ensure timely payment of loans, and the remaining 96 tons of lint in the market in the first half of 2017.

In December 12th, the high point of Zhengzhou May contract broke through 16100 yuan / ton, but the cotton enterprises in the territory were generally not excited. It was thought that CF1705 had not yet arrived at the time of sale and sale, waiting for the arrival of 17000- 18000 yuan / ton.

Xinjiang North Xinjiang cotton seed cotton purchase end of the whole line, the cotton mill all stopped, the main task shift to lint sales.

However, the price of seed cotton continues to rise in southern Xinjiang, and the quality is decreasing. Some of the flower factories are optimistic about the future market. At the same time, the agreement reached by the crude oil production restriction agreement has been reached. The oil has gone up, and the chemical fiber board has been keeping up with the sharp rise.

There are signs of a rebound.

The downstream cotton yarn market is driven by the high cost of raw materials, and the price is rising.

Domestic cotton reserves are exhausted. The cost of using Xinjiang cotton yarn is increased by more than 2000 yuan / ton compared with the cost of national cotton, and cotton yarn has to rise in price to reverse losses.

The downstream fabric market is weak, sales are generally high, stock prices are stable and difficult to rise.

At present, the market is gradually freed from the pportation capacity of Xinjiang cotton, the new cotton market is coming to the mainland, the market supply is gradually relaxed, and the reserve cotton wheel is expected to come out, which makes cotton prices stable and weak.

The price of cotton yarn is rising gradually due to the support of raw material cost and the rising of chemical fiber market.

Generally speaking, short term supply and demand of domestic cotton market is loose and market purchase is cooling down. The price of short-term cotton futures market is expected to stabilize or stabilize.

For more information, please pay attention to the world clothing shoes and hats net report.