Cotton Prices Are Running High And Cotton And Chemical Fibers Show Huge Price Differentials.
According to the textile enterprises, the cotton price has dropped slightly in recent years, and the 3 grade price of Xinjiang cotton is 1.65-1.68 million yuan / ton.
At present, the reserve cotton has been basically used up by all textile enterprises, and it is urgent to replenishment. There are more than 2 months from the reserve cotton rotation, and this year when new flowers are listed, good cotton is few, and cotton farmers are reluctant to sell.
Analysis of the industry, at present, the local delivery price in Xinjiang is 1.54-1.55 million yuan / ton, the freight cost is about 1200 yuan / ton, and the subsidy for Xinjiang is 500 yuan / ton.
The purchase cost is about 16 thousand and 200 yuan / ton.
However, most textile enterprises are short of funds and can only be purchased in small quantities in the hands of cotton traders.
At present, cotton prices are running high, forming a huge price difference between cotton and chemical fiber.
Not only for
chemical fiber
Price has played a direct role in promoting the textile enterprises to increase the amount of chemical fiber.
Therefore, the short and short price continues to rise in recent years, the polyester and short selling price has reached 8500-8600 yuan / ton, up 400 yuan / ton compared with last week, up 800 yuan / ton from last month, which rose 1200 yuan / ton compared with the end of September.
At present, Sinopec's polyester short guide price is around 8650 yuan / ton, and chemical fiber enterprises are still looking up.
China chemical fiber polyester short rally is also fierce, the offer at 6400-6500 yuan / ton, up 500 yuan over last week.
According to the person in charge of a textile enterprise, "more than 30 varieties of Chinese chemical fiber, polyester, short, blended, grey cloth and so on have been raised by more than 0.10 yuan / meter. At present, all the cotton reserves have been used up, and the price of raw materials for cotton has risen considerably.
Many textile enterprises reflect, after raising the price of yarn and cloth, sales have been affected. If the cost pressure is larger than the price adjustment, the textile enterprises are in a difficult situation.
Last week, the futures of leather wool fell, and the spot was relatively stable, which did not give strong support to cotton lint.
Affected by environmental protection, downstream chemical fiber plant and refined cotton plant are limited in start up and purchase at high level.
Cotton lint
Caution and restraint restrict the development of its market.
At present, imported cotton lint is still low, dragging down the domestic cotton short staple market.
Cottonseed prices fell at a high level, and the cotton and cotton mills lowered the factory price of cotton lint for sale.
However, the price of cottonseed is still high in the same period in previous years, and the oil and cotton factories in some areas are also affected by environmental shutdown. The output of cotton lint is not large enough to restrain the decline of cotton lint.
In the future, cotton lint is still in a downward trend, maintaining a weak adjustment pattern.
In recent years, the sales of cotton enterprises have been speeding up. The price of machine picked cotton double 28 in Shihezi, Bo Zhou and Changji in Northern Xinjiang is 15200-15500 yuan / ton.
Southern Xinjiang
Hand picked cotton double 28 price is 15500-15800 yuan / ton.
Due to the Spring Festival of January this year, the Xinjiang seed cotton collection and sale work is coming to an end. Most of the enterprises are finishing their seed cotton processing. Only a few enterprises are still doing the tail picking.
At present, most cotton enterprises sell more than 4-5 of the sales. The sales progress of the Corps is much faster than that of local enterprises. Some divisions sell more than 80%, but the proportion of cotton output in Xinjiang is relatively small.
At present, the downstream textile enterprises in view of the current high price of Xinjiang cotton, and in March, they can pick up, sell, throw and store cotton, so most of the enterprises are buying with them. However, some enterprises are beginning to start to store goods properly before the festival, and the recent price of the downstream cotton yarn has also begun to rise slightly, especially the polyester cotton yarn is rising rapidly due to the rising PTA price of raw materials upstream.
In recent days, the volume of warehouse receipts and effective forecast warehouse receipts increased continuously, totaling 133 thousand tons of cotton, while 1701 holding 97 thousand tons on one side. Therefore, warehouse receipts have greater pressure on the disk. Yesterday, Zheng cotton main contract fell below the 40 day moving average, the 60 day moving average, and 15000 price support lines, and the overall atmosphere of the commodities in the near future was empty.
For more information, please pay attention to the world clothing shoes and hats net report.
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