The Sale Of Cotton Reserves Is In Full Swing, And The Spot Market Is Very Light.
The spot market of reserve cotton is light and light, and the rounds are in full swing. lint Of Cotton enterprises While traders were thinking about the timing of lint sales, a friend of mine still had 200 tons of lint, and he said he was not sure if it was the best time to sell.
The author believes that, at present, the market is full of resources after the storage of cotton. From the reserve cotton rotation in May 3rd, as of June 1st, the accumulative total of cotton reserves in the 2015/2016 year was planned to be 616 thousand and 800 tons, with a total turnover of 602 thousand and 800 tons, plus the spot market resources. According to the reserve cotton production plan, there will be about 1 million 400 thousand tons of reserve cotton waiting for the wheels to go out. Can the existing more than 200 tons of cash quality be better than the reserve cotton? Can it meet the demand of spinning 40S yarn? cotton Good quality, from the perspective of the shortage of high quality cotton resources in the market, we can store cotton for sale. If not, it is better to sell early.
Because the textile market will enter the traditional off-season, it is expected that the purchasing enthusiasm of textile enterprises will gradually decline. At present, there is no substantial growth in the downstream orders of textile products, and the goods are mainly based on the previous orders. Although the low cost yarns are in a low price clearance strategy, the overall turnover is still not good enough, and the reserve cotton parts of the pre textile enterprises have already arrived at the factory, and the raw material purchase will be reduced, and the overall market demand is still light.
In addition, I believe that this year's cotton planting situation is better than market expectations. Among them, the cotton planting area in Xinjiang is basically stable. According to the industry estimates, cotton output in Xinjiang will be flat this year (according to the national cotton market monitoring system, cotton output in 2015 was 3 million 669 thousand tons in Xinjiang). Cotton production in the mainland is lower or lower than market expectations. Up to now, cotton plants in the the Yellow River River Basin and the Yangtze River Valley are generally 7-15 centimeters, and the overall growth is better. There are fewer pests and diseases. It is estimated that the cotton output in the mainland is less than that of last year (according to the national cotton market monitoring system data, the output of cotton in the mainland in 2015 was 1 million 547 thousand tons).
On the one hand, the reserve cotton is out of storage. On the other hand, the cotton production in the new year is expected to decrease slightly. Let's imagine how the cotton price will run next year. Therefore, I think it is the best policy to use our brains to speed up the sale of lint stocks.
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