The Cotton Market In Some Parts Of The The Yellow River River Basin Has Been A Hot Spot.

After the Spring Festival, the cotton market was gradually warming up. By the year February 6th, some areas in the the Yellow River River Basin were already hot. In February 6th, a certain type 400 cotton enterprises in Cangzhou, Hebei responded to the recent increase in seed cotton and lint and even cotton seeds. Seed cotton prices have risen. In February 6th, the mainstream price of seed cotton in Hebei, Cangzhou and Hengshui was 3.65-3.88 yuan / jin (38% of lint and 12% of moisture regain), rising 0.05 yuan / Jin compared with last Friday. According to the feedback from enterprises, there is not much quantity of seed cotton in Hebei nowadays, and the desire to rush to harvest cotton enterprises has been stronger. "In order to attract cotton farmers to sell, they can only raise prices continuously." A person in charge of a cotton enterprise said that the resources were limited, and the overdue period was even harder to collect.

In Shandong, Dongying, Dezhou, Liaocheng and other places, seed cotton also rose. February 6th Liaocheng The price of seed cotton is 3.75-3.93 yuan / jin (39% of lint and 12% of moisture regain), up 0.10 yuan / Jin from last Friday. Talking about the reasons for the rise, a Liaocheng enterprise official said, on the one hand, because of the small quantity of seed cotton, the substance is scarce; on the other hand, because the downstream lint is hot, the price of lint rise is very likely to attract cotton enterprises to rush to harvest and store cotton.

Lint prices are rising. By the end of February 6th, Hebei's real estate cotton grade 3128 delivery price was 16000 yuan / ton (gross weight settlement), and manufacturers asked for cash on delivery, and the price of real estate cotton rose by 300 yuan / ton earlier this month. "The quantity is very few, many spinning enterprises hold orders to look for cotton everywhere." Many industry feedback, recent Hebei, Shandong and other places lint The spot price "mad cow", let the existing cotton enterprises and cotton traders enjoy it.

According to a cotton trader, at present, there are many real estate cotton and Xinjiang cotton. When the Spring Festival holiday is over, enterprises that make inquiries and goods will kick the threshold. He also takes the opportunity to increase the average price of lint by 300-500 yuan / ton. In February 6th, the "double 29" Xinjiang cotton came out of the warehouse at a price of 16500 yuan / ton, and the 3128 grade machine picked cotton was priced at 16100 yuan / ton (pick up and gross weight).

Some long staple cotton and cotton merchants also "hit the looting" and quietly raised their prices. In February 6th, a cotton trader in Shandong introduced a 137 yuan long staple cotton factory offering a price of 21700 yuan / ton (gross weight and delivery price), up 200 yuan / ton compared with last Friday. "Downstream businesses are not very receptive." The cotton trader said that due to the total output of 200 thousand tons of long staple cotton in 2016 and a serious supply exceeding demand, the cotton enterprises in the lower reaches of the river now have a strong wait-and-see mood and almost no actual deal.

　　 cottonseed Rise in price. In February 6th, Hebei Dongguang, Quzhou and other places cotton seed loading price 1.62 yuan / jin (12% seed oil content, 11% moisture), compared with last Friday rose 0.03 yuan / kg; Shandong Xiajin, Wucheng and other places cotton seed loading price 1.65-1.68 yuan / Jin, also rose 0.03-0.04 yuan / Jin. According to the feedback from the oil refineries, today's the Yellow River Valley is "hard to find one seed". The possibility of continued rising is expected to be very large in the near future.

Despite strong domestic and foreign cotton, Zheng cotton should not be overly optimistic about the 1 quarter of 2017.

Our country is still in the inventory stage. If we want to digest the inventory smoothly, we must control the output under the support of the import control policy. In the middle of March 2017, the new cotton in 2017/18 will start sowing. If the price of zhengmian period is too high before planting, it will give cotton farmers and cotton enterprises a relatively large profit margin. Then the increase in 2017/18 is a probability event. This will not be conducive to China's digestion of cotton stocks. If inventory can not be digested and output increases, cotton futures will fall down.

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