Cotton Market Has Reached A Deadlock And Sales Are Uneven.

According to the internal sub regulatory database of the inner city, reflecting the gradual easing of the pressure from the cotton trade, the approaching of the Spring Festival and the end of the replenishment of raw materials such as cotton, recently, the purchasing staff of some textile factories and operators in the mainland have come back, and cotton has been showing signs of cooling down for enquiries, goods and pick-up.

With the end of the acquisition, processing and lint warehousing, the mainland employees also bought their tickets, and about 70% of the cotton enterprises in the territory had been deserted. Some manufacturers made a bid to sell the 5-15 batches of the remaining 5-15 lint, and strive to achieve 100% clearance before the Spring Festival. As Zheng CF1703 and CF1705 contracts fell below 14700 yuan / ton and 14800 yuan / ton respectively, the cotton enterprises in the mainland bought warehouse receipts from Zhengzhou, not only the price was lower than the spot, but also used very few funds to lock high-grade cotton resources.

In addition, after the end of December, there will be more American cotton, Ukrainian cotton and India cotton and so on. In addition, there is a high expectation for the reserve cotton rotation launched in March 6, 2017. Therefore, the intensity and enthusiasm of the raw materials replenishment of the textile factories in the mainland will greatly disappoint the cotton enterprises. A few of the machine picked cotton producers in northern Kuitun and Tacheng reported the lowest price of 15000 yuan / ton (gross weight) clearance, but few traders and textile factories were responding, and the whole cotton market was in a stalemate.

From the point of view of the survey, loans from agricultural development bank and Credit Union were issued in 2016/17. cotton The sale of lint sales in processing enterprises is relatively fast. Some local state loans have achieved about 50% of loans. However, sales of ginning plants which rely on self financing, self purchase funds or loans from mainland banks are slightly slower. In Akesu, Korla and other places, the sales of lint sales are less than 35%.

First, since late December, the spot price quotations of regulatory libraries have been even at a cost of 200-300 yuan / ton of cotton lint, and the selling price of cotton enterprises has been rising. Some manufacturers have obtained the working capital through the "pledge" to maintain normal operation. Two, the sale price of cottonseeds in the territory has not only declined by 0.02-0.03 yuan / kg recently, but also the shipments of cottonseed, short pile, sterile seeds and other cotton by-products are very difficult, and the cotton mill can not lock the lint cost in advance, so it can only store cotton passively.

South Xinjiang platform "double 28" Hand picking cotton Gross weight quoted price 15200-15400 yuan / ton, 2128/3128 (non "double 28") grade cotton 15000 yuan / ton about spanaction, shipment is not active.

Spin production enterprises frustrated in production, last week, Luo Hua polyester short offer 8800 yuan / ton, actually no deal. According to related textile enterprises, this week Sinopec polyester short 8650 yuan / ton to other brands, polyester short 8550 yuan / ton to deliver, compared with last week, the market fell slightly. China chemical fiber polyester short 6500 yuan / ton, unchanged from last week.

In the case of falling raw material prices, Spinning enterprises Find a balance between sales volume and price adjustment. This week, some textile companies have been following up the price adjustment. According to the relevant textile enterprises, yarn and line situation is slightly better, sales continued to perform smoothly, part of pure cotton yarn raised 200 yuan per ton, sales are stable. Affected by the overall price increase of cotton and polyester, the price of polyester cotton blended yarn has been raised by more than 1000 yuan, but there is still no profit for enterprises to reflect.

According to the introduction of textile enterprises, the price adjustment must also take account of sales volume, but it is not possible to raise prices but not to sell. At present, grey cloth is small and single, but it is hard to see the big list. The pressure of cost is increasing and it is helpless to raise the quoted price.

According to feedback from all textile enterprises, the first is the year-end, and all enterprises are tightening up the silver grain. Two, the Spring Festival is coming, and the market will soon enter a short sleep. Three, after the Spring Festival, the cotton reserves will soon come out. Therefore, the high price of raw materials has lost support, and textile enterprises should be cautious in operation at present. The focus should be on next year's planning.

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