Xinjiang's high-quality cotton prices are loosening, and auto transport out of Xinjiang rebounds

According to the survey, in recent days, the warehouses in Jiangsu, Zhejiang, Anhui and other places in southern Xinjiang 2129/3129 (breaking specific strength 27-28cN/tex) hand-picking cotton, 2128/3128 (breaking specific strength 27-28cN/tex) hand-picking cotton The quotations are 16300-16400 yuan/ton and 16200-16300 yuan/ton, but when the actual transaction is made, the seller will usually make a profit of 50-100 yuan/ton. The official price of 'Double 29' machine-picking cotton in Shihezi, Kuitun, Shawan and other producing areas in the inner basement is 16000-16200 yuan/ton. On the whole, the high-quality and high-grade Xinjiang cotton fell below 15500 by the main contract of Zheng cotton futures in 2016/17. The impact of RMB/ton, RMB 15,300/ton and the continuous reduction of reserve cotton round transaction reserve price is not prominent. Traders voluntarily cut prices by RMB 100-200/ton, which is much behind Zhengqi, low-quality Xinjiang cotton or real estate cotton. A textile company in Henan stated that it is in sharp contrast with high-quality lint cotton inside and outside Xinjiang. In the past week or so, the quotations of cotton from the Xinjiang Supervisory Library 3127/2127 and 3128/2128 (breaking strength lower than 26cN/tex) have been lowered by 300-500 yuan/ton. , But there are still very few buyers inquiring and picking up the goods. Several regulatory libraries in Bachu, Aksu, Korla and other places reported that in the past week or so, the volume of cotton trucks finally stopped falling and rebounded, and the flow was mainly in Henan, Shandong, Jiangsu, and Hubei. May 29-June On the 4th, more than 19,000 tons of highways were shipped out of Xinjiang in a week. According to industry analysis, on the one hand, as of the end of May, all ginning plants in northern Xinjiang have sold out of cotton harvested (the remaining small amount of low-quality late-stage flowers has declined), and some mainland textile companies' purchasers have shifted their focus to southern Xinjiang when looking at goods and inquiring prices; On the other hand, since May, since the price of cotton in Xinjiang has risen significantly faster than that in the Mainland, the transaction and delivery of goods have cooled down in the cold, and the activity has declined. Traders and cotton processing enterprises with a small amount of stocks have to move to the warehouse for sales. It is also understood that due to the recent negative decline of Zhengqi CF1709 (below 15200 yuan/ton on June 6), trading companies’ 'point price' purchases of Xinjiang cotton have encountered greater resistance, the disk price is low, and the basis set by traders is large. , Low premiums and high discounts all have an impact on the confidence of sellers. Article Keywords: 　Cotton Xinjiang