Xinjiang Cotton Has Always Been A Representative Of High Quality Cotton.
At present, cotton picking in China is at its peak.
Although at the color level, Xinjiang cotton has improved over the past period, but the fiber length is still relatively short, the micron value is higher, resulting in downstream textile enterprises and processing plants are more willing to purchase Chen cotton, new cotton sales have not improved.
In the face of such an encounter, most cotton enterprises can only deliver the linen futures warehouse receipts with low quality and low quality index in the futures market to return the funds.
In the backdrop of short selling of funds, the 1601 contract of zhengmian's main contract fell 12000 yuan / ton at the beginning of last week, and the lowest point was 11810 yuan / ton.
At present, the cotton length 26mm and 27mm occupy the mainstream, accounting for more than 60%, and the micron value is between 4.9 and 5, which is against the downstream textile enterprises.
In October, with the consumption of raw materials, some textile enterprises began to replenishment.
Although China's new flower is on the market, its quality is not ideal, and it can not meet the requirements of textile enterprises. Instead, Chen cotton is favored.
The cotton market is flooded with large quantities of low-quality cotton, and no one will pay attention to it, which will drag cotton prices down. This will not only hurt the "self-esteem" of Xinjiang's new cotton, but also lead to the suppression of Zheng cotton futures by short selling of industrial capital.
I know several textile enterprises responsible for each person said that this year must go to the scene personally sampling, check the inspection, see for real can rest assured.
Such a big contrast is mainly due to the disaster of cotton in Xinjiang this year.
Especially in southern Xinjiang, first encountered rare hot weather, cotton growth was seriously affected, and then in August was attacked by low-temperature.
Under the double strike of "ice" and "fire", the quality of cotton in the southern Xinjiang can not be guaranteed.
From the data point of view, this year September
Xinjiang
The performance of the cotton public inspection data is not ideal.
You know, the public inspection data in September basically reflect the cotton quality of that year.
For example, in September 2014, cotton accounted for 93% of the total length of 28mm in public inspection, while cotton accounted for 94% of the total cotton length in September 2014, and the difference between the two was limited.
In September 2015, only 52% of cotton was 28mm in length.
Part
Spinning enterprises
The situation of the person in charge of field investigation can also illustrate the problem.
It has been shown that these enterprises mainly spin 40 or more Combed Yarns, and are required to grade 2128, 2129 and above cotton. However, when they have been pferred to Xinjiang for 4 to 5 days, it is difficult to find cotton with 28mm or more batches.
As of October 20th, the 40% cotton seed purchase price in South Xinjiang was reduced to 5.5 - 5.6 yuan / kg, and the cost of cotton processing and production was upside down and gradually increased.
The price of cotton in the southern Xinjiang is falling.
Northern Xinjiang
The situation is slightly stable, and the current price range is between 5.5 yuan and 5.9 yuan per kilogram.
However, the meteorological department said that since October 25th, most of the northern Xinjiang will be affected by severe cold air in the south of Siberia, and the temperature will drop by 8 degrees Celsius.
If there is another continuous rainfall in the area, it will undoubtedly cause greater damage to the quality of cotton in Northern Xinjiang, resulting in a significant decline in cotton quality in the northern Xinjiang.
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