Xinjiang Cotton Price Difference Narrowed To 100-200 Yuan / Ton
Since mid March, Hebei, Shandong, Hebei and other places in southern Xinjiang 2128C2, 2128B2 hand picked cotton quotes stabilized at 12000-12200 yuan / ton (public inspection, gross weight, the same below), 12300-12400 yuan / ton, Northern Xinjiang Kuitun, Shihezi and other places with the grade hand picked cotton quotation slightly higher 100-150 yuan / ton.
A large cotton enterprise in Xinjiang has a "double 28" lint weight settlement price of 11900 yuan / ton (horse value is B), and a single purchase of 3 batches and above can yield 50-100 yuan / ton.
Korla in southern Xinjiang
Cotton enterprises in Akesu, Bachu and other places indicated that over the past month or so, the lint out of the platform was relatively deserted. The cotton textile mills, operators and cotton customers in the mainland had made inquiries, goods and pickups compared with 2014 in the same period of 2015, which has been greatly related to the high quality and high quality lint stock in the inland platform. It is also related to the slow and backlog of Xinjiang cotton in the mainland market, and the cotton price difference between inside and outside has narrowed to 100-200 yuan / ton, so that cotton enterprises do not have the enthusiasm to store and sell.
In March 17th,
China Cotton Association
On the three session of the three session, the head of the development and Reform Commission said that it was scheduled to go abroad to store cotton in mid and late 4 months, and could arrange other rounds in addition to the new cotton listing period, and the price of the rotation would be adjusted for one Monday.
Due to the expected time of departure, some cotton enterprises and traders need to replenishment in the short term.
Polyester staple fiber recently.
Viscose staple fiber
The price of raw materials such as nylon and other raw materials has risen substantially, and in 2016, China's cotton planting area has been reduced by more than 10%. The ICE cotton main contract has gained 4 cents / more since the beginning of March. Zheng cotton and commercial cotton have been the first to rebound. The CF1609 contract has a 10640 yuan / ton high point ahead of the 10000 yuan / ton mark.
Some cotton enterprises in the territory indicated that the earlier the introduction of the national cotton storage policy, the more conducive to the construction of electronic plates such as Zheng cotton and ICE cotton. On the one hand, the structural contradictions of "low quality cotton flooding and high quality cotton shortage" in the 2015/16 year need to be solved. Cotton mills and traders called for the first round of Xinjiang cotton and 2012 cotton in the 2013 year; on the other hand, with the "upside down" of the cost of lint cotton and the market paction, the loss of cotton enterprises and operators was generally over 1000 yuan / ton.
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