Why Is The Whole The Yellow River Basin Cotton Cold?

Under the roots of the new year, the cotton market in the entire the Yellow River Valley is cold and pressing. Not only the cotton price has dropped, but also the turnover has been much less.

The market is desolate and enterprises are wandering.

Shandong Dongying, Liaocheng, Dezhou and other places seed cotton also showed a downward trend.

At present, the seed cotton sale in Shandong is over 85%, and only a small number of farmers are slow to sell because of the small quantity of seed cotton.

As the market is falling, and the days of national cotton storage are getting closer and closer, the entire the Yellow River basin market is floating.

A cotton trader said, now downstream

Grey cloth enterprises are increasing in advance, and there is a certain quantity of raw materials inventory. It is expected that the volume of purchases before the Spring Festival will gradually decrease, which will be harmful to cotton overall.

Less seed cotton and lower price.

January 16th Hebei Cangzhou cotton seed sale completed about 80%, but recent

Prices are falling.

A 400 cotton type cotton purchase interval 3.50-3.70 yuan / jin (lint 38%, moisture regain 12%), compared to 15 days continued to drop 0.05 yuan / Jin.

The reason why the seed cotton price is reduced is that the quality of seed cotton has declined greatly.

"At present, we can hardly see any good cotton, which is also sold to some small factories."

The factory official said that at present, big factories basically no longer buy real estate cotton, and cotton enterprises have recently sold some of the less quality cotton to the surrounding small textile enterprises.

More stock and cheaper price.

Due to the recent entry of Xinjiang cotton into the mainland, the whole cotton spot in the the Yellow River river basin is complex and abundant.

First, Xinjiang hand picked cotton "double 29" and "double 30".

Around 16000 yuan / ton, individual manufacturers returned funds and even reduced the actual paction price to 15800 yuan / ton, compared with December 2016, the price dropped by 800-1000 yuan / ton.

Other low quality Xinjiang cotton prices are around 15500-15700 yuan / ton, and manufacturers cost upside down.

Second, the price of long staple cotton has dropped 200 yuan / ton line, and the price of 137 grade long staple cotton from some cotton merchants is 21200 yuan / ton, and the higher price is 21600 yuan / ton.

Third, real estate cotton is rarely seen, and prices drop again.

In January 16th, a person in charge of a cotton enterprise in Dezhou, Shandong, introduced the price reduction of 200 yuan / ton on the same day, and the ex factory price of the 3128 grade balun cotton was 15300 yuan / ton.

Cottonseed prices were stable and fell, and pactions were scarce.

Recently, Hebei Cangzhou cotton seed loading price 1.57-1.58 yuan / Jin, remained stable, but due to less oil plant start up, cotton seed actually not many pactions, some cottonseed inventory enterprises usually deliver door-to-door.

In January 16th, Shandong, Xiajin, Wucheng and other places cotton seed mainstream loading price 1.61-162 yuan / Jin, compared with 15 days.

However, manufacturers said that the main raw materials for squeezing oil in Shandong are from Xinjiang, and the cotton seeds in the mainland have basically stopped buying and selling.

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.

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