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Xinjiang Akesu Region Long Staple Cotton Acquisition Basically Ended

2014/12/30 15:23:00 26

XinjiangAkesuLong Staple Cotton

Recently, Awati County cotton ginning factory 137 grade long staple cotton spot pick up price in 26600-26700 yuan / ton, individual in 27000 yuan / ton, 136 level price in 26100-26300 yuan / ton, 237 level in 26000 yuan / ton line, all last Friday (19 days) fell 200 yuan / ton. Local cotton traders reflect the reasons for the fall in prices. First, the pressure on the cotton mill is very large. Since the beginning of this year, downstream intermediaries are rarely in stock, and textile companies are mostly buying and selling with their products. Most of the goods are accumulated in the hands of ginning plants. Two, the quality of long staple cotton after processing is not satisfactory, and the ginning factory has to sell at a reduced price.

"We are still optimistic about the long staple cotton market." A mainland manufacturer in Akesu said that the production of long staple cotton in Xinjiang this year is almost no suspense. In 2014, the weather condition in Akesu area was not good. The yield per unit area of seed cotton dropped to 200 kg / mu, and the lint was 64 kg / mu. This year Akesu The area of long staple cotton sown area is 600 thousand mu, and the total output of lint is estimated at 38 thousand and 400 tons. Xinjiang Akesu long staple cotton area accounts for about 70% of the whole country, so it is estimated that the output of long staple cotton will be around 54 thousand and 800 tons this year, lower than the previous forecast. Moreover, 2013 years ago, long staple cotton stocks have bottomed out. Cotton merchants in Shandong, Hebei and Jiangsu and Zhejiang provinces have reported that the price of Chen long cotton has dropped to 27000 yuan / ton (grade 137) in 2014, and the cotton merchants have stepped up shipments. In addition, imported long staple cotton prices are high and small. According to traders, in December, the total number of Egypt's Zha Zha cotton, American Pima cotton and Israel Pima cotton was more than 3000 tons, of which the United States Pima cotton The 2 tier price is 185 cents / pound, 1% yuan, the price of RMB is 28800 yuan / ton line, which is 2000 yuan / ton higher than that of Xinjiang long staple cotton.

Although many market players are still optimistic about the future of long staple cotton, but facing the recent market weakness, the manufacturers have strong willingness to ship, and do not exclude some enterprises from selling prices. In particular, some cotton merchants who have moved to the mainland have played the banner of "price negotiable".

25, Shandong Binzhou warehouse 137 grade long staple cotton out of the warehouse price of 27700-27900 yuan / ton, 237 level in 27100-27200 yuan / ton, manufacturers said that the negotiable space in the 100 yuan / ton, if the one-time purchase of 100 tons or more, the space can be around 150 yuan / ton, one-time purchase of 200 tons or more, the space of discussion is 200 yuan / ton. "People still dare not stock, most of them hold the idea of holding bags for safety." A market source said that the recent the Yellow River River Basin and Yangtze River Basin textile enterprises although there is a demand for replenishment, but the pace of slowing down.

"Now Aftermarket The market is not clear. We must drive carefully. " Shandong Binzhou a textile enterprise official said that the recent market outlook on the future trend of market divergence. Empty bearer thinks that supply and demand are very loose this year, and cotton price will drop to 12000 yuan / ton line in the future. Many people think that the state will postpone the dumping time and the price will not be too low, which will support the fluctuation of cotton price in the range of 14000-15000 yuan / ton in the future. The difference between the two views is 2000-3000 yuan / ton, and the futures market is also swaying, so we are willing to wait and see. Some manufacturers also said that because the manufacturers of long staple cotton demanded more money and money, most of the funds in the spinning industry were tight and there was no large amount of spare money to be stocked, so they could only be purchased with the purchase. The price of long staple cotton was generally bullish, but the actual price was "hard to fall".


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