Xinjiang Cotton Fell Again Across The Board Pessimistic Atmosphere Further Thickening

Xinjiang Akesu "double 28", "double 29" hand picked cotton regulatory library delivery price of 16000-16200 yuan / ton, the price is stable, but the actual manufacturers generally have 50-100 yuan / ton concessions, individual manufacturers will expand the discount space to 200 yuan / ton.

According to corporate feedback, recent

Most of the color grades are light yellow cotton and yellow cotton, with poor horse and broken specific strength, and poor spinnability.

First, mainland manufacturers seldom purchase in Xinjiang.

According to the person in charge of a factory in Akesu, the volume of highway traffic has continued to decline in recent years. Apart from the relocation of a few enterprises to the mainland, few mainland textile enterprises have come to purchase.

Two, within the territory

Most of them reserve enough cotton ahead of time, and rarely buy in large quantities.

Only a few small factories occasionally buy low.

The price of flowers is generally low.

In addition, most manufacturers worry that cotton prices will continue to fall. Some of the enterprises that have moved to the mainland have lowered their cotton prices.

As of 19, a warehouse in Shandong 3128 class Xinjiang hand picked cotton quotes 16400 yuan / ton, compared with yesterday dropped 100 yuan / ton.

The cotton trader said that at present there are more than 1700 tons of stock in stock and the pressure to stock is bigger. We intend to cut down cotton price by 50-100 yuan / ton in the near future.

According to feedback, at present, Xinjiang cotton price is "strong" is loosening, it is also difficult to predict high-quality cotton, which exacerbates the psychology of inventory and makes the market enter a vicious circle.

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During the week, cotton growth in the the Yellow River River Basin was better than that in the same period. Most cotton had entered the fifth true leaf stage. In some cotton producing areas, the height of cotton plants was 20-25cm, the true leaf was 5-6, and the fruit branch was 1-2 / plant.

The height of the early sowing cotton plants in the main cotton producing areas of the Yangtze River is about 45cm, and some individual cotton plants have begun to bud. The Late Sown cotton plants are only about 10cm and about 4 cotton leaves.

Most cotton in the three major cotton regions of Akesu, Kashi and Korla entered the bud stage in South Xinjiang. Among them, the height of early sowing cotton plants was generally 50-60cm, fruit branches were 4-5 / plants, and the late sowing cotton plants were 30-40cm high and 2-3 branches per fruit branch.

The planned output of the cotton reserve plan was 150 thousand and 200 tons, the actual turnover was 91 thousand and 200 tons, the turnover rate was 60.7%, and the turnover rate decreased. From the paction price, the average paction price was 14907 yuan / ton, down 225 yuan / ton compared with the previous week.

As of June 9, 2017, the accumulative total of 1 million 420 thousand tons of cotton reserves had been sold in 2016/2017, including 927 thousand and 900 tons of Xinjiang cotton and 492 thousand and 100 tons of real estate cotton. When Xinjiang cotton's listing volume remained stable during the week, the average stock remained at 11 thousand tons / day, and the proportion of traders' auction decreased from 43.7% last week to 42.91%.

Cotton yarn market is flat, especially cotton yarn market is weak, local prices continue to fall, pure polyester yarn, polyester cotton yarn quotes steady, and high cost series goods are acceptable.

The price of the yarn in Ji Lu Yu market is weak and stable, and the volume of trading is small. Some manufacturers are full load production, but the profit margin is low.

Shandong, Hebei and other places pure cotton yarn is still OE12S, OE16S and C32S, JC40S demand is acceptable, while other yarn is relatively unsalable.

It is reported that polyester staple fiber market has dropped slightly in recent years, and has formed a certain price pressure on the upstream products.

In the US USDA bad June monthly report and the domestic black commodity crash, Zheng cotton fell sharply, the lowest fell to 15050 yuan / ton, and gradually stabilized to 15170 yuan / ton near.

At present, the output of Xinjiang cotton can be maintained at more than 10 thousand tons, and the impact on the disk will be reduced.

Since the 5 date price fell to 15500 yuan / ton in June, the warehouse account outflow rate has accelerated. As at 12, a total of 561 warehouse receipts have been cancelled and 22440 tons.

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