Textile Enterprises, Cotton Purchasing Enthusiasm Low Cotton Enterprises Inventory Pressure

In March 4th, Zhang, manager of a 400 type enterprise in Cangzhou, Hebei, said that the more than 120 tons of their enterprises were weak 4 class < a href= "//www.sjfzxm.com" > lint /a > after the Spring Festival, no one was interested in it. The enterprises took the initiative to "door-to-door" sales, and the small textile enterprises around were not buying at low prices, which means that there was no cotton purchase plan in the near future.

"Small factories do not accept large factories. They are afraid that they are smashing their hands."

Zhang manager reluctantly said that these days, they sent sales personnel to Hengshui, Baoding, Shijiazhuang and other places to sell, learned that textile enterprises are also having a bad time, many small mills have not started this year, and small cotton mills started mostly use cotton, mainly spinning pure polyester yarn, so the demand for cotton is greatly reduced.

The main objective of some large-scale enterprises in recent years is to bid for national cotton stores and purchase cotton, which is not positive for spot purchases, resulting in a slight decline in spot quotas.

< p > on the same day, several key "a" href= "//www.sjfzxm.com" > cotton area < /a > spot prices in Cangzhou area, such as Dongguang, Xianxian County, Wuqiao, Cangxian, etc., are: weak 3 level, no code big bales cotton 19200 yuan / ton (pick up, gross weight, take the ticket, the same below), 4 level 18800 yuan / ton, 5 level 16300 yuan / ton, the overall price level dropped 100 yuan / ton compared with last Friday.

Cotton prices remained stable in the local market. On the same day, the mainstream price of grade S-6 cotton in India was 19000 yuan / ton, and the quality was 20300-20400 yuan / ton.

According to local traders, the price of cotton has risen sharply in recent years, especially after India cotton rose to 5 cents / pound after the Spring Festival. On the same day, India cotton mention price has reached 88.30 cents / pound. At this price, if the customs clearance is 40%, traders will not have any profit.

However, the recent slide tax quota has not been reflected by textile enterprises, and many local traders have a strong wait-and-see sentiment.

"No matter the real estate cotton or the outer cotton spot, the sales are not very good."

Zhang said that the inventory pressure of cotton processing enterprises and traders is very large.

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< p > at present, there are about 30% enterprises in Cangzhou area with < a href= "//www.sjfzxm.com/news/index_c.asp" > spot stock < /a >. These cotton do not meet the storage standard, the cost is 18500-19800 yuan / ton, the quality level is 4.5-3.5, and the length is 26-27mm.

Because the inventory of each enterprise is large and small, the inventory pressure of large enterprises is very large.

Recently, local textile enterprises have to know that this year's national inventory of cotton storage and sale has been extended to July, with a quantity of 4 million 500 thousand tons, and psychological pressure is multiplying. Many enterprises are ready to "cut meat" to sell cotton in order to cash in as soon as possible.

Not only the lint stocks are large, but most local businesses stock large quantities of cottonseed.

Head of a cotton enterprise in Dongguang said that their enterprises now own about 400000 kg of cottonseed and a pile of cottonseeds, especially worried about rainy weather.

Cottonseed prices are rising strongly today, and the mainstream price is 1.30-1.31 yuan / kg on the same day, but there are many factories in China.

At present, apart from worrying about the drop in cotton seed prices, they are even more worried about the deterioration of cottonseed in bad weather.

At present, almost all the local storage enterprises have cottonseed inventory, and the quantity of each enterprise is 10-80 Jin Jin.

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