How Should The Spinning Enterprises Effectively Participate In The Auction When The Cotton Reserves Are Out?
According to statistics, two days before the sale of reserve cotton, 100% of the listed resources were traded, and the average paction price of the 3128 grade was 16640 yuan / ton, 16449 yuan / ton (both were public).
On the 6 day, the highest paction price was 16380 yuan / ton, the lowest paction price was 14520 yuan / ton; 7, the highest paction price was 16500 yuan / ton, the lowest paction price was 14400 yuan / ton, and the high and low spreads on two days were 1860 yuan / ton, 2100 yuan / ton respectively.
Industry analysis, the first two days of textile enterprises, traders have some high enthusiasm for auction, after all, the cotton reserve delivery date is at the end of August. If the cost of cotton storage is calculated, the actual cost of cotton reserves will be slightly higher than that of 2016/17 Xinjiang cotton (currently 3128/2128 in the mainland market, not "double 28").
Xinjiang cotton
The gross price of the warehouse is 16200-16400 yuan / ton, and the color grade and fracture strength are better than those of the reserve cotton.
The difference between the cotton quality and the quality of the reserve cotton wheel has rapidly increased to more than 2000 yuan / ton. On the one hand, the profit of 40S combing and combing yarn is obviously higher than that of 32S below the low count yarn; on the other hand, the customs import India, Pakistan, Vietnam yarn and so on are mainly 32S and below, the domestic yarn has little advantage in cost and quality, and the low count yarn is more impacted by imported yarn.
So how should the textile enterprises participate effectively in the current situation of cotton reserves?
Auction
What's more, the textile enterprises with relatively sufficient raw material reserves should wait and wait until the end of March, waiting for the reserve cotton to compete smoothly before entering the market to get the goods.
According to the announcement of the national development and Reform Commission and the Ministry of finance, there are not enough quantities of cotton reserves, but the relevant departments are also very rich in regulation and control.
High quality and high grade reserve cotton.
It is understood that after the end of the 2016 round, there are still about 1000000 tons of cotton public inspection and ready for sale.
Taking into account the fair inspection, the loading capacity and objective factors of the storehouse, the high priced cotton that is involved in the auction business is not necessarily high quality cotton (for example, only about 50% of Xinjiang cotton in the March 6th round of resources).
The quality and spinnability of hand picked cotton 3128/2128 (non "double 28", fracture strength of 27 and above) are not inferior to that of the new cotton in pition from 2016/17 to the mainland in the short term.
Reserve cotton
。
In the first half of March, the gross domestic product price of 3128/2128 in the regulatory library was 15600-15800 yuan / ton, and the comprehensive cost of steam pportation back to the factory was less than 16500-16500 yuan / ton in the reserve cotton price (the average price of the first two days was equivalent to 3128), while the price of the gross weight of the real cotton 3128/3129 was 15600-16000 yuan / ton, which still had a certain advantage over that of the reserve cotton.
In Zheng cotton, matching spot listing prices fall back in time, waiting for delivery.
In March 8th, the CF1705 contract lows down to 15680 yuan / ton, while MA1705 is as low as 15310 yuan / ton. The price of Zheng Mian disk is much lower than the average price of the reserve cotton turnover (the standard level). Even if it compares with the average selling price of 15476 yuan / ton and 15332 yuan / ton of reserve cotton on March 6th and 7, the competition is not weak, and we should pay attention to the new cotton on the electronic disk, which has the advantage of color grade and breaking strength.
For more information, please pay attention to the world clothing shoes and hats net report.
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