Zheng Cotton Has Gone Out Of A Big Rebound. Yarn Sales Are Getting Bigger And Bigger.

During the week, the cotton fields in Jiangsu and Anhui provinces in the Yangtze River Valley were clear and sunny, with rainfall in some areas, which was beneficial to the growth of cotton seedlings. Among them, the plant height of early sowing cotton seedlings from east to Anhui was 40-50 cm, and the growth was gratifying. The height of the late sowing cotton seedling was 10 cm, and it was in the third true leaf stage.

The temperature of Shihezi, Yili, Kuitun, and Bo Zhou is increasing, and the accumulated temperature of soil is better.

However, in recent years, the temperature in southern Xinjiang has changed greatly, and Awati County in Akesu has been hit by hail.

Because of the long duration, high density and wide coverage, some cotton fields

In the instant, it was smashed into bare rods and accumulated water in the cotton field.

In the week, the planned number of cotton reserves was 148 thousand and 700 tons, the actual turnover was 98 thousand and 100 tons, the turnover rate was 66%, and the turnover rate declined. From the paction price, the average paction price was 15132 yuan / ton, down 96 yuan / ton compared with the previous week.

When Xinjiang cotton's listing volume remained stable, the average remained at 13 thousand tons / day, and the proportion of traders bidding increased, from 31.84% last week to 43.7%.

It is expected that there will be a turning point in mid and late 6, when the sale of coarse yarn is expected to improve.

Textile industry in Hebei, Shandong and Henan provinces

Weak and stable, and the volume of pactions is not large, some manufacturers full load production, but low profit margins.

During the week, yarn sales were quite different, and in some parts of Hubei

The overall production is in good condition, and the time for individual enterprises to be stocked up to four months is even better than that of last year.

Some textile enterprises in Hunan and Jiangxi reflect the weakness of the downstream market.

When the futures market shocks upward, from the K-line chart, CF1709 contracts for two consecutive days, the trend of bottom picking up.

From the change of positions, as the price continues to decline, the position of the positions increases continuously in the low range. This also shows that when the CF1709 contract price is less than 15300 yuan / ton, it has begun to receive the attention of the market.

Zheng cotton came out of a big rebound, especially black and agricultural products, and also formed a response to cotton.

According to the manufacturer's introduction, the number of real estate cotton is decreasing at present. Most cotton enterprises have finished their inventory work. The remaining individual enterprises still have sporadic stock. Recently, the real estate cotton in the hands of manufacturers is mostly picked and left behind, with poor quality and few people asking for it.

Recent reserve cotton auction auction price decline, the average price of the paction fell simultaneously, downstream manufacturers wait-and-see mood is higher.

As of June 12th, the 3128 class reserve real estate cotton price was 15600 yuan / ton (pick up, including tax), 4128 level 15200 yuan / ton, horse value C2, fracture strength 27.5-2827cN/tex, compared with last Friday fell 100-150 yuan / ton.

Some quality Xinjiang cotton prices also loosen.

In June 12th, a cotton trader in Hebei, Cangzhou, "double 29" and "double 30" picked up 16600-16800 yuan / ton of hand picked cotton in Xinjiang, down 100 yuan / ton compared with last week, and 50 yuan / ton in actual business.

It is understood that the recent market bearish atmosphere growth, before part of the cotton prices of enterprises also began to worry about the late cotton prices fell, the price also loosened.

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