Southern Xinjiang: Logistics Has Not Yet Fully Recovered From The Decline Of Fine Staple Cotton.

After consulting cotton spinning enterprises in Akesu, Kashi and other places in southern Xinjiang, it was learned that the psychological impact of the cotton price drop on the market is greater than the actual impact, and wait-and-see sentiment is more intense. It is understood that the control and control of the epidemic situation in southern Xinjiang is still relatively strict. Enterprises have been resuming work in succession, although highway transportation has been smooth, but the logistics company has not yet fully recovered. In addition, lint, warehousing, public inspection and road exit have not been fully rolled out.

There is a big difference in the sale of lint. As of March 3rd, the 3129/28 basis of Akesu's machine picked cotton was in the range of CF2005+550 yuan / ton, with a mixture of 2.5% in the range of 300-400 yuan / 2.5-3%. Compared with the previous week, the price of Xinjiang cotton fell by 400-500 yuan / ton, but the psychology of enterprises going to stock is still strong. Because of the gradual opening of the highway, Xinjiang cotton has a good sales base, and because of the inconvenience of the rural road travel, the cotton mill directly purchased cotton is more difficult, and most manufacturers have not yet bought the scale.

Cottonseed sales are better in recent years. At present, the price of cottonseed in Xinjiang is about 1.10 yuan / kg, and the price difference between different places is relatively large. The highest price is 1.15 yuan / Jin, and the lowest is 1.02 yuan / Jin. Cottonseed is popular in Xinjiang because of the continuous operation of the oil refineries and the large gap of cotton seeds in the mainland. According to analysis, the recent feed market rose sharply, bringing great benefits to cottonseed. Therefore, oil mills, dealers and some middlemen are buying and hoarding cottonseeds. It is expected that cottonseed will still increase in the near future.

The quotation for long staple cotton is stable than before, and most of them have not been sold. At present, the price of grade 137 long staple cotton in Akesu area is 21400-21500 yuan / ton, which has not changed much compared with the previous week. Most of the long staple cotton is still in the hands of the cotton ginning plant, which is not easy to be affected by the transaction. If the epidemic situation is not going on, the outlet of long staple cotton is more difficult. Some ginning factories indicated that although they insisted on the current quotation, they did not rule out the reduction of quotations as the price of fine wool cotton fell sharply.

According to market feedback, recent wait-and-see sentiment is still on the rise. On the one hand, the epidemic is spreading all over the world. The market is worried about the shrinking of Global trade. On the other hand, domestic and foreign cotton turbulence is unstable, and the market is generally confused.