The Price Of Leather Cotton In The Mainland Is Lower Than That Of Textile Mills.

According to the national cotton market monitoring system, Anhui east to the monitoring station information personnel understand that at present, Anhui east to seed cotton purchase price is stable, white cotton 3 level quotation 3.65-3.80 yuan / jin (lint 36.5-40%).

Recent futures

Down, cotton farmers reluctant to sell, seed cotton purchase price is not low, cotton business acquisition cost is higher than futures prices, resulting in some acquisition companies have closed down, and turned to warehouse warehouse cotton.

As futures prices fell, spot quotas also declined, lint 3128 class offer 15500-15700 yuan / ton, 4128 level 15200-15400 yuan / ton (delivery, with tickets, gross weight settlement), all fell 100 yuan / ton compared with yesterday.

Recently, cotton farmers and cotton enterprises in Hengshui, Hebei have feedback, and some enterprises have suspended processing.

In December 29th, a 400 cotton business in Hengshui indicated that lint spot continued to decline recently.

The gross price of the 3128 class cotton bales is 15900-16000 yuan / ton, and the 3127 level is 15600 yuan / ton, which is 200 yuan / ton lower than that of this Monday.

With the end of the acquisition, processing and lint warehousing, the mainland employees also bought the 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.

Pakistan: the main cotton growing area is relatively dry recently, and cotton fields are in urgent need of rainfall irrigation.

In December 28th, domestic seed cotton prices remained strong and fluctuated at 70-86.25 rupees per kilogram.

Although cotton growers are more satisfied with the output and price of new flowers, the enthusiasm of planting is high. To a certain extent, cotton planting may be guaranteed in the next year. However, due to the slow down of the new cotton market, there is a negative mood in predicting cotton output. Some analysts believe that the total number of new flowers is 1 million 700 thousand tons this year.

India: December 28th S-6

The delivery price rose to 39550 rupees / candi (74 cents / pound), Punjab J-34 4200 rupees / Moore (74.85 cents / pound), and currently 24 thousand and 500 tons of cotton lint on sale in India, including 5440 tons in Gujarat and 8840 tons in Maharashtra.

As of 24 December 27th, Xinjiang cotton processed 3 million 760 thousand tons, and the total volume of public inspection was 3 million 682 thousand tons. The cotton output increased significantly over the past year. From the current processing situation, it is estimated that the total output of Xinjiang will reach 390-400 tons this year.

In recent years, the sales of cotton enterprises have been speeding up. As the price of Zheng cotton has dropped sharply, the spot price of Xinjiang cotton has also begun to fall. The Akesu and Bachu regulatory libraries' "double 28" hand picked cotton wool price quotas dropped to 15200-15400 yuan / ton, and the "double 29/ double 30" cotton pickup price quotations fell to 15500-15600 yuan / ton in North Xinjiang.

The price of lint is down, and the strategy of buying and selling is mostly used.

December is the peak period for the import of foreign cotton. It is estimated that the import volume will be more than ten million tons in December. In addition, Xinjiang cotton is expected to pport 40-50 tons in December, plus real estate cotton. Therefore, it is expected that in the late December and early January, there will be abundant cotton resources in the mainland and the spot price of lint will easily fall.

In March of next year, we will start throwing stores. On the one hand, there will be pressure on the market in terms of supply. On the other hand, the reserve price will be taken as the base price of the cotton price difference between inside and outside cotton. When the lower cotton price will lower the average price of the market, the reserve cotton will also have a certain pressure on the cotton price in the future market.

In the short term, Zheng cotton also lacks upward momentum, so the whole cotton price shock is weak in the whole.

At present, the main contract of zhengmian is still being adjusted after the crash. It is recommended that every warehouse should be empty and pay attention to market funds.

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