The Price Of The Yangtze River Has Shifted From Below To Below.
After entering this week, the spot was dragged down by Zheng cotton futures, and the price fell from rising to falling.
As a result, a series of changes have been initiated, and some manufacturers in the Yangtze River Basin have been understood.
Do not know the true colors of Mount Lu, only in this mountain.
Only by looking at the essence of phenomena can we remain invincible.
Some of the companies that are still acquiring are tightly controlled on the one hand.
Seed cotton quality
On the one hand, we will add manpower to enter the "three silk" selection to protect cotton.
It is understood that as of now, Jiangsu continues to buy 400 cotton enterprises less than 10, 200 type is also very few, this seed cotton price decline is not much related to the main body of the acquisition.
Jiangsu, Hubei, Anhui and other places seed cotton acquisition progress of about 75%, in the seed cotton "miserable green" at the same time, the overall spot is not good.
First, prices fell slightly.
According to some traders and sales, Xinjiang cotton has poured into the mainland in recent years, and the number has increased significantly, challenging the mainland market.
According to the national cotton market monitoring system, Anhui east to the monitoring station information personnel understand that at present, Anhui east to seed cotton purchase price is stable, white cotton 3 level quotation 3.65-3.80 yuan / jin (lint 36.5-40%).
Due to the recent decline in futures prices, and cotton farmers reluctant to sell, seed cotton purchase price is not low, cotton business acquisition cost is higher than the futures price, resulting in some acquisition companies have closed down, and turned to warehouse warehouse cotton.
As futures prices fell, spot quotas also declined, lint 3128 class offer 15500-15700 yuan / ton, 4128 level 15200-15400 yuan / ton (delivery, with tickets, gross weight settlement), all fell 100 yuan / ton compared with yesterday.
Second, sales are weak.
According to Jiangsu, Anhui, Hubei and other places cotton enterprises and cotton traders, recent sales of real estate cotton continued to decrease on the basis of the original.
"There's been no one for a week."
In December 29th, a person in charge of a cotton enterprise in Hubei said that because most textile enterprises did not order much, most of them aimed at Xinjiang cotton or a small amount of imported cotton, and most of the real estate cotton was "not cold."
Cotton and cotton traders in the Yangtze River Valley have a small number of cotton stocks. Most of them are in dozens of tons, hundreds of tons, and only a small proportion of enterprises exceed 300 tons.
However, when the cotton market is so bleak, many industries are still following the Spring Festival.
Cotton market
There is great hope.
Just as a market person said, Zheng cotton continued to fall below 15000 yuan / ton, 14800 yuan / ton, the total amount of cotton in 2016 does not exceed 5 million tons, the overall situation has been set, indicating that this year cotton "gap" will be more than 3 million tons.
In recent years, the sales of cotton enterprises have been speeding up. As the price of Zheng cotton has dropped sharply, the spot price of Xinjiang cotton has also begun to fall. The Akesu and Bachu regulatory libraries' "double 28" hand picked cotton wool price quotas dropped to 15200-15400 yuan / ton, and the "double 29/ double 30" cotton pickup price quotations fell to 15500-15600 yuan / ton in North Xinjiang.
The price of lint is down, and the purchasing enthusiasm of textile mills is general.
December is the peak period for the import of foreign cotton. It is estimated that the import volume will be more than ten million tons in December. In addition, Xinjiang cotton is expected to pport 40-50 tons in December, plus real estate cotton. Therefore, it is expected that in the late December and early January, there will be abundant cotton resources in the mainland and the spot price of lint will easily fall.
In March of next year, we will start dumping. On the one hand, we will have pressure on the market on the supply side. On the other hand, we will have to put pressure on the market.
Reserve cotton
The auction price will be based on the difference between the inside and outside cotton price as the benchmark price, when the lower reserve cotton paction price will lower the average price of the market, so the reserve cotton will also have a certain pressure on the future market cotton price.
In the short term, Zheng cotton also lacks upward momentum, so the whole cotton price shock is weak in the whole.
At present, the main contract of zhengmian is still being adjusted after the crash. It is recommended that every warehouse should be empty and pay attention to market funds.
For more information, please pay attention to the world clothing shoes and hats net report.
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