Reduced prices continue to rise - xinjiang long-staple cotton production Textile information - Textile net - Textile integrated service provider

Recently, the domestic leading producer of long-staple cotton prices continued to rise. As of June 6, aksu prefecture, xinjiang cotton ginning mill long-staple cotton in grade 137, grade 237, 336 mainstream price respectively is 21900 yuan/ton, 21000 yuan/ton, 19700 yuan/ton, a rise of 150 - in the last week 200 yuan/ton; Henan and other places, 137, 237 mainland corps of long-staple cotton production prices in 22500 - respectively 22600 yuan/ton, 21200 - 21300 yuan/ton, up from last week 200 yuan/tons. According to local merchants, the recent sales of g. more smoothly and downstream FangQi methodically taking goods, as storage costs rise, some cotton traders have a plan to continue to raise prices. So, long-staple cotton prices continue to rise? The author analysis is as follows: 2017 long-staple cotton production or will be drastically reduced. It is understood that 2017 to 1. 2 million mu of long-staple cotton in xinjiang area of a line, from 2016, 2. 2 million acres down 45. 5%. In addition, 4 - this year In may, the xinjiang southern wind, rain and snow weather conditions, such as cotton seedling emergence in the 60 - only 70%, coupled with the recent southern xinjiang appeared drought, some limited long-staple cotton growing, the industry is expected to 2017 long-staple cotton yield or at about 250 kg/mu, from 2016, 280 kg/are down 30 kg/mu. Long-staple cotton inventory shortage. According to enterprise in xinjiang, so far, xinjiang cotton ginning mill, dealers long-staple cotton stock less than 1. 50000 tons, and more than 70% are poor quality, short fibre, low horse value, color difference, the spinnability is not high. At present most of the leading producer of long-staple cotton deposited by large traders, and some libraries to mainland sales, the downstream textile enterprise raw material basic to maintain low stocks. The value of long-staple cotton is still undervalued. At present domestic 'double 28' xinjiang fine cotton price is in 16500 yuan/ton, long-staple cotton price level 237 near 21200 yuan/ton, the price difference is only in 4700 yuan/ton, the value of long-staple cotton significantly undervalued.