Latest Analysis Of Domestic Cotton Market

< p > < strong > cotton market of Hubei > /strong > a href= "//www.sjfzxm.com/news/" > strong > grade cotton > /strong > /a > strong > shortage < /strong > < > > > > > > > > > > strong >

< p > from a cotton circulation office in Hubei Province, we know that Hubei and its surrounding textile enterprises are asking more and more Xinjiang cotton, but they can complain repeatedly because there is no resources on hand to meet the needs of customers.

According to statistics from relevant departments, the state accounts for more than 90% of the total cotton output. The number of cotton available in the spot market is less, and Xinjiang cotton is limited.

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According to textile enterprises, the quality of the 328 grade Xinjiang cotton is better than that of the Australian cotton of the same grade. The Australian cotton spot price in recent years is 20600-20700 yuan / ton, and the average selling price of the 3 grade Xinjiang national cotton store is 19400 yuan / ton at present. The textile enterprises are more inclined to bid for the Xinjiang national cotton store. As for the spot market, the reason for finding Xinjiang cotton is that the quantity of Xinjiang cotton is not large. Meanwhile, the storage of the national cotton store still needs a period of time, and the textile enterprise is eager to process the order, so it can only find the source of goods in the spot market.

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< p > March 26th, on the two five session of the China Cotton Association, some of the participating enterprises put forward the proposal that cotton distributors should participate in the auction of national cotton reserves. The main reason was that the small textile enterprises did not have the qualification to sell or store the quota, and the limited circulation of cotton resources in the spot market and the high price of the small textile enterprises could not afford them, and the participation of the tradable traders could alleviate the difficult situation of the small textile enterprises.

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< p > < strong > Jiangsu Dafeng area latest < /strong > a href= "//www.sjfzxm.com" > strong > cotton quotes < /strong > /a > /p >

< p > recently, the national cotton market monitoring system, Jiangsu Dafeng monitoring station, visited several cotton processing enterprises on the acquisition and processing of local cotton. The results showed that as of now, cotton purchasing and processing work has basically come to an end and lint prices have remained stable.

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< p > in the 4 cotton processing enterprises visited, except 1 had a small amount of velvet, the seed cotton processing of other enterprises was over. Because of the steady storage and cotton prices, the local 400 enterprises accelerated the acquisition and processing progress, and the seed cotton processing end time was earlier than last year.

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< p > during the visit, we found that a local textile mill with large scale and better operation in the past few years is in a state of shutdown or semi shutdown. Due to shortage of funds, the plant has no raw material inventory, and the purchase of lint needs to be sold back to cotton yarn.

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< p > in addition, recently, the local 328 grade lint spot (to the factory, public inspection, delivery, tickets, cash around 80%) sales offer at 19000 yuan / ton, in recent months remained stable.

At present, the local type 400 enterprises have less or no inventory of cotton lint. The state's storage and purchase makes the local high-grade lint resources tight. Some small cotton ginning mills buy sporadic cotton sporadically, grade 5 < a href= "//www.sjfzxm.com/news/index_c.asp" > seed cotton < /a > purchase price is below 2 yuan / Jin, 4 seed cotton purchase price is 2.20 yuan / Jin, lower than the previous stage 0.20 yuan / Jin.

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