Is Cotton Price So High That Textile Companies Accept It?

Recently, I hear it continuously.

News of the rise.

Especially in the Xinjiang area, according to a friend in Xinjiang Bao Chang, at present, Xinjiang seed cotton has risen to 7.6-7.7 yuan / kg, and the individual high point has reached 8.0-8.1 yuan / kg, which is widely expected.

While seed cotton has risen sharply, Xinjiang's new cotton has also risen rapidly.

In October 3rd, the 2128 class spot pre-sale price in Akesu area was as high as 15800-16000 yuan / ton, up 1000-1200 yuan / ton compared with the late September.

The market consequences of the rapid increase in cotton prices in Xinjiang: first, the cotton price jumped in the mainland, and the price of cotton in Shandong, Binzhou was 28mm long. The price of cotton was B2, and the price of strong cotton S2 was quoted at 15500 yuan / ton, up 500 yuan / ton compared with last week.

"Although not all of them are rising, the ginning mills will have a strong desire to raise prices."

A cotton merchant in Binzhou said.

Second, traders' hands

Price rises, Shandong

Commercial reserve cotton Xinjiang cotton outbound price exceeded 16000 yuan / ton mark, up 600 yuan / ton compared with last week.

Cotton prices rose so that textile companies accepted it? In October 3rd, the author contacted a textile mill in Dezhou, Shandong, which was mainly produced by combing and combing 50S cotton yarn. The raw materials needed were Xinjiang cotton, real estate cotton and a small amount of imported cotton.

Li, director of Supply Department of the plant, said that they have suspended procurement in Xinjiang for the following reasons:

First, the number of national cotton reserves in the early auction is quite large, and stocks remain at about 40 days.

As a result, the cost of storing cotton in their hands is 13800 yuan / ton, and the price of new cotton is as high as 15500-16000 yuan / ton. The cost is huge. Therefore, they want to wait and see whether to buy new cotton.

Second, the price of cotton yarn is stable and the profit margin is low.

Li manager calculated an account, taking the production of combed 32S as an example. If the new cotton is calculated at 15800 yuan / ton, the water and electricity labor cost is 5800 yuan / ton, and the loss is 1.15. The cost of converting cotton yarn is 15500 * 1.05+5800=22075 yuan / ton, and the price of combed 32S in Shandong area is only 21500 yuan / ton, and the price is upside down 500-600 yuan / ton.

"If you want the price of new cotton to stand well, the price of cotton yarn must go up."

Li said that although the "golden nine silver ten" is now in place, the cotton yarn market is still not very hot, and it is hard to guarantee that cotton yarn will go up.

Therefore, the textile mills are very cautious about the purchase of cotton prices.

It is understood that some recent small and medium-sized textile enterprises to Xinjiang or Hubei and other places to pre purchase cotton, but the price is generally low, the ginning factory is not very recognized.

The price of preorder in Dezhou, Shandong, is 14600-15300 yuan / ton, which requires cotton velvet cotton not less than 28mm, horse value B2, strong in S2, and the local ginning factory's attitude is: This grade cotton price is at least 15500-15800 yuan / ton, the psychological gap between them is too big to be traded.

To sum up, although the progress of cotton marketing is accelerating in recent years, because of the negative attitude of textile enterprises to the market, the market turnover is still deserted.