The Poorer The Quality Of The New Cotton And The Lower The Price, The Weaker The Cotton Market Is.
According to the cotton traders in Hebei, Shandong, Henan and other places, since the middle of April, the phenomenon of "polarization" in the Xinjiang cotton warehouse has become more and more obvious since the middle of April. The first is the "double 28, double 29, double 30, double 31" hand picking cotton and machine picking cotton inquiry and shipment situation is obviously better than Xinjiang cotton with low quality and low grade, especially some parts of Bachu, Jiashi and Ma Ge mentioned that the hand picked cotton in Akesu area is 2016/17, and the fracture ratio is stronger than 27CN, which is not concerned by the mainland textile enterprises.
Two, the machine picked cotton in Kuitun, Shawan, Shihezi and other places in Northern Xinjiang has higher moisture content and impurity content than that in southern Xinjiang. However, because the fiber length is generally "29mm and above", the horse value is B2 or A, and the fracture strength is above 28CN, the inquiry and shipment are better than hand picked cotton and low quality lint.
Industry analysis, as the 2017 annual round of reserves Xinjiang cotton and hand picked cotton, low quality new cotton "grab the road" phenomenon is prominent, and textile enterprises generally believe that the Reserve Bank 2011-2013 New Year's cotton supply is sufficient, and with the use of buy new cotton quality is worse, the lower the price is not good to sell.
It is understood that since the middle of April, the phenomenon of selling cotton seeds in the inner ginning factory has become more and more serious.
cottonseed
It is likely to drag on.
On the one hand, the price of domestic cotton byproducts has been stagnant since the Spring Festival. A large part of the short staple mills and oil extraction plants have not started production. The cotton and the enterprises are reluctant to sell their spirits. On the other hand, with the increase of the temperature in April, the storage of cotton seeds is more difficult.
A large cotton enterprise in Kuitun has sold 5000 tons of mouldy cottonseed in recent days. Although the quotations have been substantially lower than the current market prices, there are few oil factories and short staple factories.
As the dollar reserves "shrink",
Interest rate increase policy
Expected and first quarter economic performance of the United States is not ideal, crude oil and black commodities are difficult to rebound, oil refinery is very cautious about cotton seed purchase.
From time to time, the 4-7 month is not the peak season for oil extraction. In addition to some big factories buying and processing all the year round, most of the small and medium-sized oil refineries inside and outside have been shut down for maintenance.
In late April, the Yellow River, Shandong, Hebei, Henan and other places.
Cotton market
The whole is still weak.
As of 25, Shandong, Dezhou, Liaocheng, Binzhou and other places 3128 grade real estate cotton price 15200-15300 yuan / ton, 4128 level 14600-14700 yuan / ton, compared with last Friday was unchanged.
But in the actual paction process, enterprises still have 100 yuan / ton preferential policies, while the 4127 and 2227 grade real estate cotton prices range 14000-14500 yuan / ton, although the price is not high, but basically nobody cares.
It is understood that at present, the number of real estate cotton in the hands of enterprises is not large, especially the relatively good quality real estate cotton.
Recently, sales of New Territories cotton in the mainland have become more obvious.
The "double 29" and "double 30" Xinjiang cotton prices are 16200-16400 yuan / ton, and the pick-up price of individual factories is 100 yuan / ton higher than that of last week.
However, Xinjiang cotton, which has a fiber length below 28mm and a low horse value and breaking strength below 28, is not popular.
It is also understood that the cottonseed market is generally weak in recent years, with fewer actual pactions.
On the 25 day, the main loading price of cotton seeds in Ji Lu area was 1.45-1.50 yuan / jin (12% of seed oil and 12% of moisture), compared with last Friday.
Due to the weakness of cottonseed oil, the number of oil refineries is increasing, and the price of cottonseed is rising or falling.
For more information, please pay attention to the world clothing shoes and hats and Internet cafes.
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