Commercial Stocks Are Historically Low, And Xinjiang Market Is Tight With Cotton.
Because this round of production did not restrict the participation of only textile enterprises, many traders, ginning mills and warehouses also joined the auction, and the proportion of pactions increased gradually. In the seventh week, the proportion of non-woven enterprises reached 47%.
In the reserve cotton, the average price of imported cotton was 12500-13000 yuan / ton. When the import cotton came near the end, the average price of the imported cotton remained at 13000 yuan / ton, and the average price of Xinjiang cotton and corps cotton basically remained at 12000 yuan / ton.
Cotton in the mainland
The average price is maintained at around 11500 yuan / ton, and the average price of cotton reserves in the near future is on the rise.
The problem of slow inspection of cotton reserves and the problem of slow storage are being hyped up and back. Officials also make frequent statements, but the actual effect has not improved significantly. Therefore, it is estimated that the stock market will be maintained at around 30 thousand tons on Monday and about 20 thousand tons on Tuesday to Friday.
And when the amount of cotton reserves has changed significantly, the trend of futures prices will often happen on that day.
Therefore, it is particularly important to pay attention to the quantity of reserve cotton.
But nearly 1 million tons of commercial inventories are still low in history, which is why the price of new flowers on the market is easy to rise and fall.
In addition, with the vigorous development of Xinjiang textile enterprises, the sales of cotton yarn in the territory are very good. The demand of Xinjiang textile enterprises for cotton is relatively large, but a large quantity of Xinjiang cotton is pported to the mainland, and Xinjiang's local warehouses are in great demand.
Reserve cotton
The quantity is very small, which leads to very tense cotton textile in Xinjiang. The cotton price in Xinjiang is higher than that in the mainland.
According to the inventory data of 178 cotton deliveries and supervision warehouses, social warehouses, bonded areas and processing enterprises in 18 provinces and municipalities of China, the national cotton survey shows that the whole country is cotton.
Commercial inventory
The total volume is about 993 thousand and 500 tons (including Xin cotton and Chen Mian), a decrease of 193 thousand and 500 tons from the previous month, a decrease of 16.3%.
Among them, 500 thousand tons of Xinjiang cotton, 245 thousand yuan less than that of the Xinjiang cotton mill (466 thousand and 600 tons of cotton warehouse turnover in the Xinjiang area and 33 thousand and 400 tons of cotton pportation on the way), 59 thousand and 400 tons of warehouse stocks in the mainland and 17% tons (17% tons) of cotton turnover in the 133 cotton warehouses monitored by the cotton branch of China Cotton Association, with an increase of 133 tons, including an increase of 133 tons in the ring, including an import ton of cotton and a ton of imported cotton and a ton of cotton for the real estate. The inventory of imported processing plants and social warehouses is up to 10 tons. The total imports of cotton imported from Qingdao, Zhangjiagang and Shanghai bonded areas are up to tonnes, and the reduction is less than the tonnes.
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