Xinjiang Hand Picked Cotton Quantity And Price Rise, Cotton Quality And Good Price Become Normal

According to the survey, ice and Zheng cotton have continued to rebound recently, and the Sino US trade negotiations have also released positive signals. In addition, the replenishment of textile enterprises and cotton traders in the mainland has gradually started, and the spot price of cotton inside and outside Xinjiang has continued to rise slightly, among which the price of "double 28 / double 29 / double 30" with high quality and high spinnability has slightly increased.

On March 3-4, the price of 3128 / 3129 grade hand picked cotton wool weight in Aksu, Bachu and Korla in southern Xinjiang was 15900-16000 yuan / ton (a few cotton processing enterprises quoted 16100-16200 yuan / ton) for 3128 / 3129 grade hand picked cotton with breaking strength of 25.5-26.5cn/tex, horse value of 3.0-3.7 or impurities higher than 2.0%, only 15300-15400 yuan / ton of lint was quoted More and more prominent phenomenon.

A large cotton trade in Henan Province said that it planned to purchase 50 batches of hand picked cotton in southern Xinjiang recently, which required fiber length of 28.5mm and above, strength of 27.5cn/tex and above, micronaire value of 4.0 (including impurities less than 1.5%), and gross weight of 15900 yuan / ton. However, a certain cotton enterprise in Hubei Province offered 15500-15550 yuan / ton of hand picked cotton in southern Xinjiang, with grade of at least "31" or above.

Why is the inquiry and transaction of hand picked cotton in southern Xinjiang more active since late February? There are three main reasons for the industry analysis: first, the price of machine picked cotton rose rapidly after the Spring Festival. The price adjustment range of high-quality and high spinnability machine picked cotton such as "double 28 / double 29 / double 30" in Northern Xinjiang was significantly higher than that in southern Xinjiang hand picked cotton, and the price difference between them was reduced to 100-150 yuan / ton, but there were large impurities and poor consistency of machine picked cotton; second, a large number of high-quality machine picked cotton were put into the warehouse to generate futures warehouse receipts, and the signing of contracts in the previous few months was fast, and the low fracture strength and low strength of circulation goods in the spot market were low The 3128 / 4128 grade (or no subject grade) of Ma value accounts for a large proportion, and ginning plants are reluctant to sell high-quality cotton; thirdly, in March, the pressure of financing and loan repayment of some cotton processing enterprises in southern Xinjiang continued to rise, and there was a driving force for phased clearance and recovery of payments, and the buyers and sellers had high enthusiasm for transaction.