Enterprises Survive In The Slash Of Cottonseed And Weak Lint.

It is understood that, although only 10 days away from the Spring Festival, most of the mainland cotton in Xinjiang.

The buyers of traders have set foot on their way home. Zheng cotton's main contract also has a trend of consolidation and stabilization in the position of 15000 yuan / ton. However, some cotton processing enterprises in northern Kuitun, Shawan and Shihezi are still actively offering quotations for the sale of the remaining machine picked cotton. The "double 28" and "double 29/ double 30" gross domestic product regulatory warehouse delivery price is 15100-15300 yuan / ton, 15500-15700 yuan / ton (a few manufacturers "double 30" offer 15800 yuan / ton, but almost no turnover).

At present, some cotton enterprises have 5-10 batches of surplus cotton, not a large number, and do not plan to hold up funds for a long time. Some cotton enterprises have pressure to repay loans and raise funds in 1-2 months. Some other cotton enterprises are worried about the launch of the reserve cotton mill launched in March 6th, the concentrated delivery of foreign cotton in 2016/17 and the trade war between China and the US.

A regulatory repository in Shihezi said that the number of outbound trucks has been decreasing since the early January. The main reason is the reduction of temperature and snow, the decrease in the delivery of goods by mainland enterprises and the high road freight rates.

Some ginning plants reflect that cotton by-products such as cottonseed and short staple have been in a state of unsalable sales since the beginning of January, and cotton processing enterprises have survived in the crevice of cottonseed and weak cotton liners.

First of all, Hebei, Shandong and other mainland oil and short factory procurement staff retreat, turnover fell rapidly.

A few big oil plants in the territory are "pressing down the price", and the selling price of cotton seeds (13%-14% water) has dropped to 2.52-2.55 yuan / kg (the price of the cotton mill).

Secondly, in the past three trading days, the CF1705 contract fell to 15000 yuan / ton from the 15500 yuan / ton high point, while the foreign trader and the trader's spot quotation quoted futures, the quotation was then oscillating callback, cotton enterprises felt very great pressure, and made it in a dilemma. Again, this year most cotton mills in China mostly had "late holidays, long holidays". After the festival resumed and the boot time was delayed correspondingly, the next round of centralized replenishment of raw materials is likely to arrive in late February. There is a strong expectation that the cotton enterprises who are not optimistic about the cotton market in the first half of 2017 will have a heavy financial pressure.

According to the state

Market monitoring system data show that the national lint processing rate is 96.6%, up 3.5 percentage points over the same period, of which Xinjiang processing rate is 99.3%, indicating that the local lint processing has basically ended.

The total amount of lint processing in Xinjiang is over 3 million 930 thousand tons. According to the above processing ratio, the total output of Xinjiang cotton reached 3 million 960 thousand tons in 2016. If the cotton exported by other channels was lost, the output of Xinjiang cotton reached 4 million tons in 2016.

Due to the slow sale of the lint and processing in the mainland, the unsold lint in Xinjiang and the mainland will be over 2 million tons.

A regulatory Library in Xinjiang said that the sales of high-quality cotton and low quality cotton in Xinjiang were faster, and the lint quality was slower in the middle reaches.

Therefore, most of the quality of the remaining lint is expected to be in the middle reaches.

At the moment, the stock will be stocked with the purchase and purchase, plus nearly ten days will usher in the Spring Festival, especially from 2017.

The time of the turn out is getting closer. If the market of cotton market is still not improving in February, the price pressure of later sale of lint will be great.

For more information, please pay attention to the world clothing shoes and hats net report.