Local Enterprises "Double 28/ Double 29" Machine Picking Cotton Also Need To "Stand Aside".

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 early January, the mainland market will have abundant cotton resources and the spot price of lint will easily fall.

In March of next year, the reserves will be on the market, and the price of the reserve cotton will be taken as the benchmark price. The lower cotton reserve price will lower the average price of the market, so the cotton reserves will also have a certain pressure on the cotton price in the future market.

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In the absence of the impetus to rise, it is suggested that every warehouse should be empty and pay attention to market funds.

According to the ginning factory in Shihezi, Kuitun, Changji and other places, the price of cotton seed purchase has declined since late December, and the price of the cotton seed mill has dropped to 2.58-2.60 yuan / kg (a few yuan less than 13% of the water price is 2.61-2.62 yuan / kg), and the price of light seed has dropped to 2.43-2.45 yuan / kg (including vehicle fare).

At present, the cotton seeds sold on the market are mostly after the frost, the maturity is not high, the oil yield is low, and the water is generally over 15%, so the price drop is reasonable.

The prices of cottonseed oil, cotton shell and other cotton by-products are down and unsalable, and the buyers of inland oil plants and short staple factories have been returning to the market to enlarge the contradiction between supply and demand of the market.

Reduce revenue and stop, wait and see more.

The price of cottonseed and lint price is "double down", so that the internal cotton mill is divided into two parts: first, because the cotton seed is down 0.08-0.10 yuan / kg, the cost of selling the lint in the storehouse is up by 200-300 yuan / ton, and the spot sale not only has no profit, but has the price of 300-500 yuan / ton hanging upside down, and whether it is "hoarding cotton for sale" or "clearing away and running away", the ginning enterprise is hesitant; two, it is less than a month away from the Spring Festival, and the sale time for the cotton enterprises is only 10-15 days.

The purchase price is reduced by at least 200-300 yuan / ton, and the chance of "bags for safety" before the festival has been lost.

For those who do not move to the warehouse, they can only passively bet on the market. But in the month of 1/2, a large number of US cotton, India cotton and Wu cotton arrived in the port. In addition, the opening of the reserve cotton rotation in March 6th made cotton prices full of variables.

In addition, 2016/17 corps cotton contract sales progress is relatively fast, but as of the end of December, the number of pportation out of Xinjiang is not very large. Therefore, 1-3 month high quality cotton Corps will strive to meet the needs of the mainland spinning enterprises to spin high yarn and high count yarn. Local enterprises "double 28/ double 29" machine picking cotton also need to "stand aside".

Recent cotton mill sales progress accelerated, many cotton enterprises in the territory have been deserted, Xinjiang cotton spot prices have dropped, the southern Xinjiang platform "double 28" hand picked cotton wool price quotas dropped to 15200-15400 yuan / ton, North Xinjiang "double 29/ double 30" machine cotton picking price quotas fell to 15500-15600 yuan / ton, the mainland lint quotation has also been reduced in recent days, Shandong spot 3128 grade real estate cotton output price 15400-15500 yuan / ton.

The price of lint cotton is decreasing, and the enthusiasm of producers in textile mills is generally positive. Considering that the state will start throwing stores in March next year, the textile enterprises should adopt the strategy of "buying and selling with the purchase".

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