Anhui: Continuous Rain, Cotton Fields, Serious Water Stocks, Few Cotton Lint.
Core tip: current local
lint
The stock is running out. Only a few cotton enterprises have a certain number of pactions in order to maintain the supply relationship with the textile enterprises.
According to the person in charge of a company, the size of the textile enterprises that they cooperate with is mostly 3-5 million spindles, and the lint stock is usually more than 20 days. Although the procurement is not very active at the moment, he thinks that most of the raw materials are not high. Therefore, the temporary wait and see will not affect the purchase demand in the late stage. The spot price is also hard to fall, and the enterprise is not worried about the remaining more than 800 tons of cotton.
7 the continuous rainfall in the first half of the month has stopped.
Anhui
The eastern part of the low-lying cotton field has serious water accumulation, and cotton has been devastating. Cotton farmers are particularly helpless. They can only grow corn and soybeans at the moment. Most cotton fields are leachate and lodging is urgent.
Currently local
Lint stock
There is little left, only a few cotton enterprises have a certain number of pactions in order to maintain the supply relationship with textile enterprises.
According to the person in charge of a company, the size of the textile enterprises that they cooperate with is mostly 3-5 million spindles, and the lint stock is usually more than 20 days. Although the procurement is not very active at the moment, he thinks that most of the raw materials are not high. Therefore, the temporary wait and see will not affect the purchase demand in the late stage. The spot price is also hard to fall, and the enterprise is not worried about the remaining more than 800 tons of cotton.
Since July, local cotton prices have remained stable, and the linkage between Zhengzhou cotton futures market has not been very close. In July 20th, the price of lint 3 from Shandong and Hebei was sent to Jiangsu and Zhejiang provinces and Fujian at a price of 18500 yuan / ton (with tickets, gross weight and freight costs of 150 yuan / ton, the same below), and the 4 level was 18300 yuan / ton.
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