The Rotation Of Reserve Cotton Is Underway And The Downstream Enterprises Are Actively Participating In The Auction.

Recently, the domestic cotton textile industry is extremely busy, the cotton spinning wheel is in full swing, the downstream enterprises are actively participating in the auction, and the paction price of the cotton reserve is also rising, even beyond the expectation of some auction companies.

According to our understanding, the bottom price for the first week of 2017 was 15358 yuan / ton (standard class price), and the bottom price in the first week of 2016 was only 12021.4 yuan / ton, an increase of 3337 yuan / ton compared with the same period last year.

In 2016, cotton prices could not be pferred without the following conditions: first, the inventory of domestic industry and commerce was low, and the spinning enterprises were waiting for the reserve cotton to feed.

In addition, the delay of the rotation time aggravated the tension of spinning enterprises' inventory.

Secondly, as the market downturn, cotton prices continued to decline, cotton farmers willingness to plant cotton decreased, planting area decreased, resulting in 2015 cotton production decreased year by year, of which the mainland inland production fell more than Xinjiang.

Again, in 2016, it was the first large-scale arrangement of reserve cotton rotation, and cotton inspection and other aspects encountered some problems, which resulted in the daily listing volume not guaranteed 30 thousand tons, which had a great impact on the market bidding emotion, and also contributed to a substantial increase in cotton prices to a certain extent.

2017

According to the plan, the time from 2016 is two months ahead of schedule, so the total supply is higher than last year.

And at present, the daily volume of listing is maintained at around 30 thousand tons, which also provides great support for stabilizing market sentiment.

In order to ensure the volume of production this year, the reserve storage as early as last year arranged ahead of schedule the reserve cotton that was planned for the public inspection this year.

In the case of overall supply is relatively loose, market prices continue to rise or fall more difficult.

Of course, there are also some uncertainties. Rising is not impossible.

The change of cotton reserve inspection, warehousing, paction and related policies is worth paying attention to.

As early as mid February 2017, China Cotton Storage Information Center targeted at the whole country.

The production situation has launched a research activity, the research results have not exceeded everyone's expectations, and textile enterprises are still looking forward to the reserve cotton.

In this survey, most of the raw materials inventory of the surveyed enterprises basically remained until March, and the stock of a few enterprises could be maintained until April.

Of course, on the first day of the rotation, the situation of cotton trading did not disappoint everyone.

This year, reserve cotton is still popular among all.

As early as last year, when the reserve cotton came out, downstream textile companies had been competing for it, especially in the past.

With the help of the surge, the turnover rate of reserve cotton remained high.

After all, after carrying out the bag inspection, the testing quality of cotton reserves basically accords with the actual use effect, which can meet the needs of textile enterprises and has been recognized by enterprises.

Besides, the intense competition has great relations with its price.

In 2016, lint prices continued to rise, and eventually maintained at 15000 yuan / ton, and the excellent quality cotton prices even reached 17000 yuan / ton.

It is understood that in March 6th, the maximum price of cotton reserves was 16380 yuan / ton, the lowest paction price was 14520 yuan / ton, and the average price was 15476 yuan / ton.

Even the highest paction price has a certain gap with cotton prices.

On the price, reserve cotton has an advantage over commodity cotton, which has become a shortcut for textile enterprises to reduce the cost of raw materials.

Textile enterprises eager to reserve cotton can be seen, which also laid a foreshadow for the rise of Zheng cotton.

In the reserve cotton auction atmosphere, Zheng cotton also cooperate with the sharp rise.

On the same day, Zheng cotton main contract 1705 hair more strength, the highest level of 16465 yuan / ton after the market stabilized shock, CF1709 contract price to explore 16865 yuan / ton stabilized volatility.

Judging from today's disk performance, Zheng cotton continues to rise at a low level and has little room for improvement.

Therefore, it is expected from the view of cotton reserves and Zheng cotton.

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