Interpretation Of July 6Th Xinjiang Cotton Auction Launched Resources

The national cotton market is scheduled for sale in July 6th.

There are 6003.882 tons of competitive resources, including 3974.163 tons of resources in the Xinjiang reservoir area (3888.144 tons of hand picked cotton, 13050 yuan / ton) and 86.019 tons of machine picked cotton.

12300 yuan / ton).

The inland reservoir area has 2029.719 tonnes of resources, with a minimum price of 13200 yuan / ton.

On the same day, more than 28 resources (fracture strength 28+, average length 28+) 2066.965 tons.

The library accounts for 1068.5 tons, and the inland market accounts for 998.465 tons. The minimum price quoted is 13200 yuan / ton, all of which are hand picked cotton.

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It is reported that 2014 will allow cotton trade enterprises to participate in the auction.

The analysis of cotton enterprises involved in Jiangsu, Shandong, Henan and other places is that the main task of the departments concerned is to "go to stock", and traders have an advantage in terms of fund volume, market supply and demand, and no textile monopoly is conducive to horizontal integration of cotton textile mills, cotton operators and other agricultural enterprises, so as to speed up the progress of national cotton storage.

Most traders believe that after the 2012 import of cotton and cotton in the United States, there is little change in the rate of decline after the re inspection. Some traders even think that the cotton coming out of the National Reserve will be better than the current cotton, Central Asian cotton and West African cotton.

According to some foreign businessmen and institutions, the total number of imported cotton or cotton imports in 2012 is only 200 thousand tons, which is a big probability event.

It is understood that since the end of June, the cotton spot market in and out of Xinjiang is relatively quiet. Besides the South Xinjiang high quality hand picked cotton, there are enquiries and pactions, but the machine picked cotton and real estate cotton have been deserted. However, the price of the national cotton store is higher than that of the spot, and the ICE futures and the rebounding of Zheng's disk have been rebounded.

On 2-3 July, the gross price quotas of hand picked cotton in 2128 (2129) and 3128 (3129) class warehouses in Hebei, Shandong and Jiangsu were 13700-13800 yuan / ton (quoted weight 13400-13500 yuan / ton), 13300-13500 yuan / ton respectively.

As usual, the 7-9 month is the off-season production of the cotton textile mill in the mainland. In addition, it is expected that the new cotton will probably be listed before and after mid September. Therefore, the mentality of purchasing the onlookers with cotton enterprises and operators is more prominent.