At Present, The Low Quality Cotton In The Mainland Market Is "Full Of Cotton."
Since mid February,
cotton
Spot prices have been in a state of decline, although the price of cotton purchase and processing costs and Xinjiang production and Construction Corps are very expensive.
Cotton enterprises
Industry timely procurement
raw material
Transition support, spot adjustment is obviously behind the Zhengzhou and commodity cotton electronic matching disk, but nearly two days of decline suddenly increased speed.
Henan, Jiangsu, Anhui, Hebei and other places Xinjiang cotton spot trading price fell 200 yuan / ton within three days.
A textile manufacturer in Jiangsu said that the company mainly purchased high grade Xinjiang hand picked cotton spinning 60S combed yarn and J40-J60 combed yarn. Due to insufficient 2129B and 2128B grade and the breaking strength of 28.5CN and more than 12900-13000 cotton linen, only 2129C2 and 2128C2 (stronger than 28CN) were available for purchase. The inspection Price of the gross weight of the public inspection dropped to 12400-12500 yuan / ton from the pre holiday period. However, the problem of high horse value lint through cotton blended C60S cotton yarn was constantly increasing. The two high density and high density fabric orders were abandoned due to the yarn CV value and the strength not reaching the standard.
In March 1st, Korla and Akesu platform 2128C2 and 2128B2 grade hand picked cotton original weight quotations dropped to 11900-12100 yuan / ton and 12200-12300 yuan / ton, but there were very few cotton textile factories and operators in the mainland for enquiry, goods purchase and purchase. Even in the same period of last year, customers with more active cotton and cotton products seldom went to Xinjiang to get the goods.
On the one hand, there are at least 300-350 yuan per ton for all the cost of the warehouse, and the current cotton spot price difference is only 200-300 yuan per ton, and the storage costs of the inner warehouse for more than three months are not increased (the interior storage is calculated by the storage days); on the other hand, the warehouse storage in the warehouse is mainly low grade, the fracture ratio is lower than 28CN, the horse value is C2 (or C1).
At present, the low quality cotton in the mainland market has been "full of cotton". Once rumored to start the sale of national cotton and cotton in early April, it will have a fatal impact on the sale of low quality Xinjiang cotton, which will only increase the cost of storage, insurance and finance.
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