Xinjiang's cotton sales pressure, concerned about the new year closing storage price

On February 28th, Henan, Shandong and other places of warehouses in southern Xinjiang Xinjiang public inspection 3 lint delivery offer is 21000-21200 yuan / ton, the northern Xinjiang lint price is 20900-21000 yuan / ton, the local processing enterprises 2, The spread of grade 3 lint is only 200-300 yuan/ton. Cotton spinning companies believe that most of the high-grade cotton in Xinjiang and the Mainland have already entered the national reserve, and when the reserve and the price have not yet been determined, only a small amount of production can be guaranteed. purchase. At present, the funds of textile enterprises are generally tense. The large amount of transactions are mainly based on payment acceptance or partial arrears. Some small factories or even a batch of cotton are delivered in two batches. The sales of cotton enterprises are also cautious, indicating that they would rather make profits of 100-200 yuan. / Ton, do not accept acceptance.

Since mid-February, domestic electronic disk prices have been oscillating downwards, and the prices of Class 3 Xinjiang cotton warehouses in the Mainland have dropped from the highest 21,500-21,600 yuan/ton after the Spring Festival to the current 20,800 to 21,000 yuan/ton (determined for fixed and warehouse delivery). Enter a stalemate. Xinjiang cotton enterprises stated that as of February 27, the country’s total reserves were 2.6648 million tons, among which Xinjiang cotton accounted for 1.5417 million tons. A large part of the cotton on the platform was the national reserve cotton, and the high-grade Xinjiang cotton was less than 500,000 in Xinjiang. t (non-state reserve). Recently, the relevant state departments will announce the 2012/13 purchase and storage prices. According to the ratio of 1:10 for wheat and cotton, the price for lint collection and storage should be between 20300 and 20500 yuan/ton, although the impact on the cotton price this year is relatively limited. However, the role of underpinning is still reflected. At the end of March, the state's purchasing and storage ends. Before that, there is little hope for the country to increase the import quota for slippage tariffs. The impact of foreign cotton on domestic cotton supply and prices will be weakened. Therefore, Xinjiang cotton enterprises are not in a hurry to sell lint. It is mainly on the sidelines, but some companies have to choose to pay deposits because of the pressure of repayment, and return funds as soon as possible.

Due to the centralized dispatch of passenger trains by the Xinjiang Railway Department from mid-January to mid-February, the transport of most other cotton products was forced to change, except for the transport of the State Reserve Cotton. Some Grade 2 platforms even cancelled a certain number of Wagon flow plan. According to some cotton traders, the number of transported cotton wagons at Urumqi and Korla and Aksu stations has been gradually restored, but it has still not reached the level of mid-December last year.