Latest Developments Of Cotton Market In Xinjiang

< p > < strong > Xinjiang area < /strong > a href= "//www.sjfzxm.com/news/" > strong > national reserve cotton > /strong > /a > strong > outburst stress.

< p > a few days ago, according to the Akesu warehouse and autonomous region cotton and Akesu warehouse of the Corps, since the middle of March, the number of wagons in southern Xinjiang has declined. The initial calculation is still very difficult in the 140-145 vehicles, the lint shipment and the upper platform. The shipment of state cotton accounts for more than 95%, and the number of commercial cotton is relatively small.

< /p >

On the one hand, there is a certain number of national cotton stores in the following ginning plants, such as the first agricultural division, the third division of agriculture and so on. The inspection department directly inspecting and sealing the factory and reducing the pportation pressure with each special line. The temporary storage of the national cotton stored in the ginning factory is gradually pported to the national storage or storage in Akesu, which is waiting to be shipped out of Xinjiang. On the other hand, with the middle storage in the warehouses in the south of Xinjiang in the middle of March, the inspection and storage progress of the national storage and storehouse is obviously slowed down by the central storage of the warehouses in the southern Xinjiang and the inspection personnel of the provinces and municipalities. In addition, there are still a small number of cotton processing enterprises participating in the national cotton auction in the middle and later 3 months. < p >

< /p >

< p > according to the railway department statistics, as of March 20th, there were 2 million 600 thousand tons of cotton pported to Xinjiang platform, almost 100% of which were national cotton reserves. If combined with other cotton enterprises' individual stocks and some grain reserves, it is estimated that there will be at least 3 million tons of < a href= "http:// www.sjfzxm.com/news/index_c.asp" > lint < /a > shipment need to be shipped out.

Some foreign and research institutions believe that by the end of March, there will be at least 3 million 200 thousand tons of cotton waiting for shipment.

< /p >

< p > > strong > traders in Xinjiang continue to raise < /strong > a href= "//www.sjfzxm.com" > strong > cotton price < /strong > /a > /p >

< p > recently, the price of long staple cotton has been rising continuously along with more orders and better sales of high count yarn.

The price of domestic long staple cotton has reached 29000-30000 yuan / ton, and it is not easy to buy.

< /p >

< p > according to a trader, long staple cotton has been rising faster this month. At present, most domestic textile enterprises have more quotas to buy imported Pima cotton. Last week, the United States offered 150 cents / pound (1% customs duty discount RMB 23903 yuan / ton), a sliding tax discount of RMB 24313 yuan / ton, 40% tariff reduction of 33056 yuan / ton, and this week's quotation has risen to 156 cents / pound (1% yuan discount RMB 24852 yuan / ton, sliding tax reduction of RMB 25252 yuan / ton, 40% tariff reduction of 40% yuan / ton).

And ports are not in stock, they are all orders.

< /p >

< p > March 28th COTLOOK index shows that the Asian main port quotes the US Pima 2 level 159 cents / pound, GZI 86139 cents / pound.

< /p >

< p > > a trader in the afternoon quotes: Xinjiang Corps long staple cotton new cotton 137 in 2012, publicly agreed, the mainland pick up 29000 yuan / ton, 2011 Annual 137 public offer 28600 yuan / ton.

It said 28500 yuan / ton signed 200 tons in the morning, and the price was 500 yuan / ton in the afternoon.

And bullish, saying next week will exceed 30 thousand yuan.

< /p >