Domestic Cotton Spot Market Is Weak And Scarce.

According to the cotton processing enterprises in Korla, Akesu and other places in southern Xinjiang, the volume of lint on each warehouse platform has been declining.

This year, the output of Xinjiang cotton and cotton in the mainland has been greatly reduced. Only in this year, cotton supply is slightly tight, providing a certain support for cotton price. However, the cotton price is suppressed by the expected cotton consumption and the consumption difference. The rhythm and price of later cotton storage will become an important factor affecting the cotton price trend in the later stage.

Futures: due to China's worries and strong US dollar, the US cotton oscillation has declined.

Domestically, despite the significant reduction in cotton production and import volume this year, easing market supply pressure, domestic cotton inventories are high, making the supply of cotton market still abundant, and the downstream demand for cotton is weak.

Export decline, short-term fundamentals are difficult to improve; short term new cotton market, increase market supply, and therefore expect to maintain a weak cotton.

Technically, Zheng Mian 1605 contracts short - term bounced back, but the average suppression effect is obvious, and the EMA is arranged in a short order, and the downward trend remains unchanged.

On the operation, it is recommended that the short line holders should be held for 11400 yuan / ton.

Xinjiang cotton: Xinjiang hand picked cotton Akesu platform 3128B class price is about 12950-13050 yuan / ton, 3129C class price is 12750-12800 yuan / ton, the quotation basically keeps stable, but actually

There is a space of 100-200 yuan / ton, near the Spring Festival, the downstream market downturn, part of the textile enterprises began to leave, textile enterprises procurement is very light.

Some textile enterprises procurement personnel said that they were not ready to purchase, waiting for the Spring Festival.

And the domestic long staple cotton market continued to weaken, Akesu 237 spot price in 22000 yuan / ton, Shandong, Hebei and other places pick up the price in 22500 yuan / ton, before the business holiday cleaning inventory mentality is very strong.

Some cash pactions offer a price of 200 yuan / ton.

Real estate cotton Market: domestic real estate cotton sales are even worse. The market basically has no market price. Among them, Lijin 427 level 11500 Huimin 426 level 11400 Linxi 328 level 12400 Guangzong 328 level 12100 Qiuxian public inspection 328 grade 12300 Nangong small package 328 grade 12600 Linxi small bag 12600 grade Linxi Linxi big bag, Lingxian County class Lingxian County Lingxian County small packet level, Xingtai Xingtai class A, Xiajin Xiajin level, Jinxiang Jinxiang level 0 yuan / ton.

At present, there are plenty of warehouses in the mainland, and cotton mills and operators are not active in goods and stockpiling.

With the market approaching the Spring Festival, the atmosphere of the year is getting stronger and stronger. The downturn in the downstream textile market has led some textile enterprises to leave in advance, and the cotton market has gradually entered the market without price.