There May Be Structural Supply Gaps In Cotton Market And High Quality Cotton Resources Are Scarce.

At present, the domestic

The production area has entered the peak season for seed cotton purchasing and processing, but the market paction is somewhat cold.

The purchase price is not satisfied, but it is reluctant to sell.

Enterprises are not satisfied with the quality of cotton linen that meets the purchasing standard.

Liu Shuang, chairman of Xinjiang West Hui Fu Cotton Industry Co., Ltd., said that the output and quality of newly produced seed cotton and lint cotton were analyzed. Most of the cotton production and quality in this year are lower than that of last year. The quality of the new cotton is more obvious, such as the main length of Xinjiang cotton is only 27 millimeters.

Data show that as of the end of September, the cotton that had been inspected by the relevant agencies accounted for 18.5%, 27 millimeters, 52.48%, 28 millimeters accounted for 25.27%, 29 millimeters accounted for 2.74%, and last year, the majority of cotton tested in the same period last year was 28 millimeters, accounting for 52.48%. 26.

Overall, the cotton length index declined significantly this year, and the proportion of cotton with stronger strength decreased, and the horse value was better than that of the same period last year.

"Because of the poor quality of the new seed cotton and the high purchase price of the market, many of the cotton ginning mills still dare not buy the goods on a large scale. The main worry is that there is no need for cotton lint to be processed."

Liu Shuang said that the lowest purchase price of hand picked cotton seed in some parts of Southern Xinjiang has dropped to 5.3 yuan / kg, while the price of hand picked cotton in Northern Xinjiang is 5.8 yuan / kg.

It is also understood that the purchase price of machine picked cotton in Xinjiang is between 4.6 yuan and 4.7 yuan per kilogram.

It is found that the purchase price of seed cotton in the mainland and Xinjiang is lower than that of last year. This year, the high temperature of cotton growing earlier this year and the low temperature at the late growth stage caused the cotton yield to drop. At present, many cotton farmers are reluctant to sell. This year's cotton farmers' final income is not optimistic.

At the same time, because the quality of newly produced lint is generally not up to the procurement standard of textile enterprises, many textile enterprises are worried about not finding the right raw materials for production, and worry that the high quality cotton prices will continue to rise in the later stage.

Affected by the general decline of cotton quality, the domestic cotton market has shown signs of polarization, that is, the supply of high quality cotton is tight, prices are rising continuously, and low quality cotton stocks are backlog and prices continue to fall.

"The quality and output of domestic cotton have declined continuously in recent two years, and the quality of cotton is decreasing this year, which is higher than that of last year. It is estimated that textile enterprises should increase the purchase of high-quality imported cotton this year."

Yang Zhijiang said that in the last cotton year, the number of imported cotton in China was about 1 million 700 thousand tons, mainly used by cotton mills as cotton blending. This year, the domestic high-quality cotton is scarce. Although the import quota is issued more strictly, it is estimated that the quantity of imported cotton will not drop.

It is understood that the current domestic "double 28" lint Xinjiang production area outlay price of 13000 yuan / ton, the poor quality of some of the 12500 yuan / ton, the two widening trend is more obvious.