The Market Situation Of Cotton Is Uncertain. Traders Can'T Get Out.

As the price of CF1909 contract on the contract of Zheng cotton broke 13500 yuan / ton this week (from 12720 yuan / ton to 13665 yuan / ton, or 7.43%), the price of "base sale" of Cotton Traders increased continuously, with a range of 300-500 yuan per ton. Southern Xinjiang "one price" hand picking cotton inquiry, look at the goods are also slightly improved, individual regulatory library road spanport slightly restored, the price of flower ginning factory, reluctant to sell mood warming. However, as a whole, the spot market in the territory is still relatively clear. Buyers and sellers are in a stalemate and wait and see state, waiting for the further clarity and guidance of Zheng cotton and the reserve cotton wheel out of the market and the external situation.

On the 13-14 th of June, the quotations for "double 29" machine pick up cotton in the internal Treasury were concentrated at 14050-14150 yuan / ton, and the "double 28" pick-up weight was 13900-14000 yuan / ton. The "double 28" hand picked cotton base price quoted in southern Xinjiang is 14500-14600 yuan / ton (including the length 29mm/ fracture strength 29cN/tex), while the 3128/2128 grade (3129/2129) fracture strength ratio is 27-28 cN/tex, and the cotton picking base price is 14150-14250 yuan / ton. Several cotton related enterprises in the territory said that Zheng cotton bottomed out, and in addition to some of the "high cost performance" North Xinjiang warehouse cotton shipments, the machine picked cotton (low strength, large impurities) and hand picked cotton were rarely sold.

Some traders in Jiangsu, Shandong, Henan and other places indicated that the pressure on the downstream clothing, grey fabrics and cotton yarn production and sales rates to decline sharply has been spanmitted to raw materials (Jiangsu, Zhejiang, Guangdong and other places). The proportion of small and medium weaving factories in Jiangsu, Zhejiang, Guangdong and other places has continued to rise because of no orders or orders without profit or stop production. Therefore, short term lint operation is "only out of the way". On the one hand, we should pay close attention to the selling price of the lint resources on the basis of "spot price"; on the other hand, we should postpone the purchase of cotton from the cotton ginning factory to speed up the withdrawal of capital and reduce the risk of operation.