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The Spring Festival Is Approaching, And The Cotton Market Is Also Very Cold.

2016/1/27 16:32:00 27

Spring FestivalCottonMarket Quotation

This year's winter is a bit cold. In recent days, there is a strong cold wave. The local cooling rate can reach 12~14 degrees, and the lowest temperature in the South will even fall below the historical extremes.

The Spring Festival is approaching, and the cotton market is also very cold.

Recently, a lot of enterprises have reflected that one of the bank's credit officers' money calling is disturbing, but they can not hide.

Banks urged money, and businesses were pushing money.

Since the beginning of this year, some cotton enterprises in the mainland have insisted on "production by orders". There are only a single purchase process, and no single production has been stopped. However, some enterprises have been owed some money by the downstream manufacturers.

For textile enterprises, the amount of money needed to be repaid was greater than before. Loans were also paid and wages, raw materials and electricity charges were paid.

In the middle of January, the cotton market discussed more about imports.

cotton

In terms of imports, the quota of imports in 2016 is still within the quota of 1% tons within 894 thousand tons.

On the 18-19 th of January, some textile enterprises in Shandong and Jiangsu gradually reflected that they had received the notice of receiving quotas. Textile enterprises indicated that the quality of imported cotton would be more concerned in 2016, and high quality cotton would be the first choice.

External yarn imports, at present

market

There are two points of view, one is that it will continue to grow significantly. It is estimated that the import of foreign yarn will reach 2 million 500 thousand tons in 2016.

The other reason is that there will be a drop in the price of imported yarn because of the further narrowing of the cotton price difference at home and abroad. The import yarn has been weakening after losing the advantage of raw material cost. It is expected that the yarn will be in China in 2016.

market share

Will fall.

According to the national cotton market monitoring system survey data, as of January 15, 2016, the seed cotton sale rate in the mainland was 75.6%. There are still a lot of seed cotton in cotton farmers. How to turn seed cotton into cash is a hot word among cotton growers before the Spring Festival.

A cotton grower in Wucheng, Shandong, says that 30% of cotton farmers and one or two cotton in their villages are not yet sold.

There are many reasons for this, among which the lower reaches are less and the bid is lower, and the main reason is that cotton farmers are not willing to sell.

According to the industry estimates, as of mid January, the mainland cotton enterprises processed more than 120 tons of cotton, of which nearly half of the cotton in the hands of cotton enterprises.

In recent days, there has been continuous selling of cotton enterprises in Shandong, Hebei, Jiangsu and Hubei. Some companies even say that the cash sale price can be reduced by 200 yuan / ton.


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