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Xinjiang Cotton Began To Go Down The Market.

2017/1/8 20:36:00 43

Xinjiang CottonCotton MarketPrice

At present, the sales of Xinjiang cotton are obviously slow in the mainland. The main reason is that the purchasing of downstream enterprises is not active. In addition, many downstream enterprises can not cash in cash, resulting in no paction.

Recently, Xinjiang cotton began to "go downhill". The industry was unstable and the market was moving.

The acquisition of seed cotton basically ended and prices dropped sharply. In January 4th, the acquisition of seed cotton in the three major cotton areas of Akesu, Kashi and Korla basically ended, and only a few small factories bought sporadic acquisitions.

On the same day, the core price of seed cotton was 6.65-7.00 yuan / kg, which fell by 0.20-0.25 yuan / kg before the new year's holiday.

Lint dropped in stock.

In January 4th, a Akesu enterprise "double 29", "double 30" price was 15800-15900 yuan / ton, compared with 3 days continued to drop 100 yuan / ton.

Manufacturers introduced a total of 7800 tons of lint processing in 2016. Up to now, 5900 tons have been sold and more than 1900 tons have not yet been sold.

"The quality of remaining cotton is generally general and the purchasing power of downstream manufacturers is not high."

The company said that the remaining 3128, 3127 and 4127 cotton were the majority, and the price range was 15100-15600 yuan / ton, down 100-200 yuan / ton compared with last week.

Not only has the company lowered its quoted price, but many manufacturers around it have lowered the price.

Lint price

Inland

Xinjiang cotton

Prices are falling.

Hebei, Shandong, Jiangsu and other places "double 28", "double 29" hand picked cotton output price 16200-16300 yuan / ton, compared with the new year's day before the holiday fell by nearly 300 yuan / ton.

In response to some market participants, in late December 2016, there was also a 17000 yuan / ton paction price, which has disappeared in the near future.

The price of long staple cotton has dropped.

The purchase of long staple cotton seed cotton in Akesu has been completed by about 90%, but the seed cotton has continued to fall in recent years.

In January 4th, the mainstream price of seed cotton 7.65-7.70 yuan / kg, compared with last week fell 0.10 yuan / kg line.

Lint fell synchronously.

137 level price 20700 yuan / ton (pick up, gross weight), 136 level 20000 yuan / ton, compared with 3 days down 100 yuan / ton.

Due to the recent purchase of cotton merchants from the mainland,

Spinning enterprises

The number of cotton in Xinjiang has almost stopped. The number of long staple cotton has almost stopped.

The whole Xinjiang cotton and the upper and lower reaches are already "falling sound", which is affected by the psychological impact of "selling, selling or selling". Many market players accelerate the sales of cotton, and prices, profits and concessions are flooding the market.

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According to the latest statistics from the US Department of agriculture, as of December 22, 2016, the net sales volume of US cotton in 2016/17 reached 1 million 953 thousand tons (of which 1 million 102 thousand tons to be shipped), an increase of 779 thousand tons, an increase of 66% over the previous year, and 73% of the USDA export forecast, up from 58% in the same period last year.

The total shipment volume of cotton in the United States totaled 850 thousand tons, an increase of 336 thousand tons compared with the same period last year, an increase of 65%, reaching 32% of the USDA export forecast, which is 26% higher than that of the same period last year.

To complete the forecast of USDA, the average weekly shipment volume and contract volume of US cotton will reach 57 thousand and 300 tons and 22 thousand and 900 tons respectively.

2017/18 signed a total of 128 thousand and 200 tons of cotton net contract, down from 168 thousand and 100 tons in the same period last year.

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