Long Staple Cotton, Chen Cotton Stock Pressurization, There Is Still Room For Reduction In Recent Years.

Recently, the weather in Akesu area of Xinjiang is good, sunny and high temperature, which is good for cotton growth.

It is understood that at present, the height of the fine cotton plant is 20-30 centimeters, the fruit branch is 2-4 / plant, the long staple cotton height is 10-15 centimeters, and the true leaf is 3-6 pieces.

The overall growth is better.

Local cotton growers introduced the slow growth of cotton seedlings in mid May due to low temperature, hail and strong wind.

But with the weather getting better, cotton seedlings entered the accelerated growth stage.

The characteristics of local cotton this year are: the area of fine staple cotton is increased, and the long staple cotton is reduced.

According to relevant research data, in 2019, the cotton planting area of several key cotton producing areas in Akesu, Kuche, Sha ya, Xinhe County and Awati county was about 7 million 550 thousand mu, down 350 thousand mu compared with 7 million 900 thousand mu in 2018.

Among them, the area of long staple cotton is 1 million 280 thousand mu, which is 370 thousand mu less than 1 million 650 thousand mu last year.

According to the analysis, there are three reasons for the drop in the area of long staple cotton this year: first, the higher cost of planting long staple cotton.

Long staple cotton could not be harvested for machine picking.

In recent years, artificial spending has been rising in Xinjiang.

In 2018, it reached 2.5-3.0 yuan / kg, and the high cost of picking up cotton farmers discouraged long staple cotton. Two, the yield was low.

Take 2018 as an example, the output per unit area of long staple cotton is about 230 kg / mu, and the fine cotton is 450 kg / mu, or even 500 kg / mu, the difference is very wide, and three is the price is relatively low.

In 2018, the average price of long staple cotton seed cotton was about 8.8 yuan / kg, and the yield per unit area was 230 kg / mu, and the income of cotton growers was 2024 yuan / mu.

Cotton farmers are losing money.

According to the production situation of long staple cotton in various counties this year, the market expects that the yield per unit of long staple cotton will increase by 230-240 kg / mu this year, a slight increase from 2018.

Recently, long staple cotton prices are hanging upside down and companies are losing money.

The number of enterprises involved in processing is expected to decline in 2019.

According to the head of a factory in Akesu, as early as June, the total inventory of long staple cotton in the Xinjiang area was 25 thousand tons, and 17 thousand tons in the mainland, such as Shandong and Henan. The huge stock of Chen cotton has caused great pressure on the enterprises, and the sale is the only choice.

In June 5th, the price of 137 and 237 grade long staple cotton in a factory in Shandong was 23500 yuan per ton (delivery, gross weight), 22400 yuan / ton (ibid.), and the price dropped by 300 yuan / ton compared to the previous week.

The factory official said, plus interest, warehousing and other costs, the cost of 137 grade long staple cotton at present is 25000-25200 yuan / ton, and the cost is upside down 1500-1700 yuan / ton.

Market analysis shows that there is room for further decline in long staple cotton in the near future.

First, there are fewer orders and larger stocks in the downstream textiles and garments, and the textile factory has the attitude of buying and using the raw materials.

In addition, influenced by the Sino US trade friction, the two sides impose tariffs on each other and the market pessimism is enhanced.

Two is the fine wool cotton dragging the long staple cotton.

Recently, the price difference between long staple cotton and fine cotton has increased to 10000 yuan / ton. Many textile enterprises have reduced the price of long staple cotton by upgrading technology and reducing the price of long staple cotton.