Xinjiang Cotton Deeply Feels The Sadness Of "Goods Go To The Ground To Die".

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Cotton prices are on the decline. Many market players are speeding up the sale of cotton.

As of March 14th, according to a person in charge of a company in Akesu, at present, Xinjiang's "double 29" and "double 30" level price is 15900-16100 yuan / ton (gross weight and pick up), which is unchanged from yesterday.

Due to the psychological enhancement of cotton enterprises going out of stock, in the actual paction process, the concession space of enterprises expanded to 100-150 yuan / ton, and even individual manufacturers expressed willingness to pay part of the shipping cost.

From the feedback of textile enterprises in parts of Henan, Hebei and Jiangsu, although the fiber length and horse value (B) are still available, the breaking strength, color level, impurity and other fibers are not ideal. Spinning 40S and more cotton yarns is more difficult. It is necessary to add a certain proportion of "double 28/ double 29" Xinjiang cotton to improve the yarn indexes.

Quality Xinjiang cotton is weakening, directly suppressing some low and medium quality Xinjiang cotton.

In March 14th, according to the responsible person of cotton enterprises in Kashi and Korla, "in fact, the quality of Xinjiang cotton in the hands of every enterprise is very small, and most of the remaining ones are low and medium quality cotton."

On the same day, the price of 4128 and 2227 level of a factory in Kashi was 15200 yuan / ton and 14700 yuan / ton respectively, all of which fell 100 yuan / ton compared with yesterday.

"A few days ago is still covering cotton, these two days are selling rapidly, the enterprise psychological fluctuation is too big."

According to a person in charge of a cotton enterprise in Xinjiang, in 2016 Xinjiang cotton accounted for more than 80% of the cotton length 29 millimeter and the breaking strength above 28CN, so Xinjiang high quality cotton is more common this year.

But up to now, the quality Xinjiang cotton has been sold out, while the middle and low quality cotton has been stagnant.

According to analysis:

One is recent.

The price of undulation is larger.

In March 13th, the reserve cotton plan was sold out of the warehouse for 32 thousand and 100 tons, and the actual turnover was 27 thousand and 200 tons, with a turnover rate of 84.67%. The actual turnover was 27 thousand and 200 tons, with a turnover rate of 84.67%, the lowest since the turn of the year.

March 13th average price of 14905 yuan / ton, compared with March 6th average price of 15476 yuan / ton, down 571 yuan / ton.

Two, Zheng cotton futures continued to fall.

As of March 13th, Zheng cotton main contract closed 15485 yuan / ton, a small increase of 45 yuan / ton.

But Zheng cotton's recent oscillations fell, especially below 15500 yuan / ton, causing market confidence to drop.

Three, the spot price of cotton fell in the mainland.

As of March 14th, the spot price of Xinjiang cotton fell in Jiangsu, Hubei and Chongqing.

On the same day, the "double 29" and "double 30" level in Chongqing area reached 16700 yuan / ton line price, which dropped by nearly 300 yuan / ton compared with 17000 yuan / ton last week.

In addition, Jiangsu, Hubei and other places Xinjiang 3128 class hand picked cotton price 15600-15700 yuan / ton, also decreased 100-150 yuan / ton compared with last week.

In addition, many Xinjiang cotton sold in the mainland, except for a few high-quality cotton.

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Some of them have been moved to the mainland, and Xinjiang cotton enterprises deeply feel that the "goods arrive to the ground and die".

Even a new cotton merchant said: "with the increase in the number of storage outlets, the impact of cotton spot will be bigger and bigger. We must seize the time to inventory. If we still have surplus cotton in May, we will suffer a great deal."

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