Many Textile Enterprises, Traders Everywhere Look For Goods Quality Clearance, That Is, Deposit.
Recently, the spot market is very lively, the reserve price of cotton reserves has been rising continuously, and the bullish atmosphere of the market is strong.
A friend of Shandong cotton merchant called and asked if he should "eat" some cotton. I believe that the current market is full of fog and should not be moved.
Zheng cotton continues to oscillate extensively in the near future.
In the near future, the trend of Zheng cotton was affected by foreign cotton. In May, the United States began planting new cotton, and the planting area was expected to increase.
In addition, Zheng cotton warehouse issue has not been solved. The 290 thousand tons of high warehouse list is increasing. This shows that there is pressure on the new cotton market. In May, close to delivery, the warehouse receipts at such a high level kept the Bulls cautious.
However,
Chinese cotton
As the spring sowing is coming to an end, the domestic cotton planting area is projected to increase by about 5%. The area is still variable before the end of this year's cotton planting.
There are fewer textile companies participating in the auction of national cotton stores.
It is understood that at present, raw material inventory of textile enterprises remains low, and large and medium sized manufacturers generally maintain for 30-40 days, while the raw material inventory of small and medium-sized textile enterprises only lasts 10-15 days.
Even with such low raw material stocks, the textile enterprises are still cautious about bidding for cotton reserves.
The high and low quality resources of the spot are disagreed.
It is understood that the recent quality
Xinjiang cotton
Resources are heating up gradually.
Up to now, Shandong, Hebei and other places "double 29", "double 30" Xinjiang picking cotton warehouse pick up the price of 16700-16900 yuan / ton, compared with May 1 before the holiday rose 300 yuan / ton.
However, some low and medium quality resources are still "volume reduction".
According to feedback from some mainland enterprises, Shandong's 4128 class real estate cotton price is 14800 yuan / ton line, and the price of cotton with high quality Xinjiang has been enlarged to 2000 yuan / ton.
market risk
Still big.
Recently, with some people in the industry, we can see that Australia cotton will arrive in mid May. At the same time, some foreign businessmen and traders are pressing ahead with the pre-sale of SM 1-5/32 "," SM 1-1/8 "and" M 1-1/8 ". The breaking strength is basically at 29CN and above.
So, will cotton price rise continue?
It is observed that nowadays the downstream enterprises are very cautious when purchasing large cotton bags. They are generally required to dismantle the packages and test all the instruments. This also brings inconvenience to the paction.
Therefore, the real estate cotton is not as good as Xinjiang cotton because of its credibility.
It is understood that at present, most of the textile enterprises have a wait-and-see attitude towards the current cotton price rise and continue to auction cotton reserves in an orderly manner.
However, due to the recent rise in reserve price of cotton reserves, textile companies are constantly moving to the spot market.
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Under the influence of strong cold air pit, hailstones along the Tianshan Mountain Area and some urban areas and regiments in Xinjiang are falling. The snowy weather has occurred in the Tianshan Mountains and Hami areas in the east of Aletai and Shihezi.
Urumqi, Hami, Shihezi and other places are releasing thunderstorms, frost, hail and other meteorological early warning.
Some regiment farms in the northern Xinjiang regiment were attacked by rainstorms and hailstones. Some cotton fields were destroyed by hailstones and their losses were serious.
Local cotton fields in Xinjiang are also affected by low temperature and rainfall to varying degrees. Cotton farmers in the town of budhu Town, Wusu city, said that the early planting of cotton fields has revealed three or four leaves, and the late sowing has not yet sprout. Due to the low temperature in recent years, more rain has a certain effect on the development of cotton seedlings.
The cotton planting area has increased this year. Most of the land that used to grow corn and tomato was converted to cotton. In addition, cotton planting with national subsidy policy has relatively stable income.
Farmers say that the roots of cotton seedlings have just begun to build. If the soil humidity is large and the air content is insufficient, it is easy to form weak seedlings.
Rain and timely tillage and dispersing soil moisture can obviously increase the ratio of soil temperature to soil gas, which is beneficial to the growth and down of root system, and the effect of seedling raising is remarkable.
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