Hebei Cotton Suffers From A "Head Start" Market

During the Spring Festival, Hebei cotton showed a "good turn" situation.

First, cottonseed rose 0.02-0.05 yuan / Jin, Dongguang County, Quzhou County reached the factory price of 1.14-1.15 yuan / jin (12.5% seed oil, 12% moisture); two was spot rose 100-200 yuan / ton, Shijiazhuang, Baoding and other places ginning factory 3128 level sales price in 13200-13300 yuan / ton, but the purchase and sale quantity; three is seed cotton price in 2.95-3.25 yuan / Jin, before the Spring Festival holiday slightly higher.

"These two days

Once again, the brush fell down, and I fell into a panic.

On the 10 day, the head of a ginning factory in Cangzhou said that many of the cotton ginning factories also lowered the spot quotations that day, and the 3128 level quoted price was 13100 yuan / ton, and the price of individual manufacturers was only 13000 yuan / ton.

The 4128 class price is 12500 yuan / ton, 2227 level is 12300 yuan / ton, basically restored to the level before the Spring Festival holiday.

Many market participants reflect that the rebound in real estate cotton during the Spring Festival is like a flash in the pan.

Not only cash in stock, but also cotton seeds are stagnant.

10, the owner of a certain oil mill in Handan said that the price of cottonseed to factory 1.12-1.13 yuan / Jin was significantly lower than that of last Friday, 0.01-0.02 yuan / Jin.

Although some local ginning plants are still very expensive under the support of cost, the price is not good enough.

A person in charge of a company in Hengshui said that at present, they had about 700000 catties of cottonseed in their factory, which accounted for millions of funds. The enterprise intends to sell the goods in a short time no matter how much the price is.

It is not only that their enterprises are facing the pressure of going to inventory, but many of them are very strong because they stop buying and processing after years.

However, the market is always "falling flower intentionally, flowing water ruthless".

Some market participants reflected the following situations in Hebei Market:

1.

No one wants to see flowers.

Even if the ginning mills are cutting prices, downstream textile companies and cotton traders are still ignoring it.

Some market participants are feedbacks for many reasons.

Has gone to Xinjiang to purchase, 9-10, Akesu 3129 Xinjiang cotton platform delivery price 13400-13500 yuan / ton, pported to the mainland to remove the cost is only 13800-13900 yuan / ton, individual in 14000 yuan / ton.

This has an advantage over the real estate cotton in terms of cost performance, especially for some large textile enterprises. The quantity of cotton is larger and the quantity of one-time purchases is tens of thousands of tons, which is very difficult in the mainland.

2. The newly moved cotton and the cotton outside the customs are popular.

On the 10 day, the price of Cangzhou Xinjiang cotton warehouse was 3128 yuan at 14200-14300 yuan / ton, while the India cotton grade S-6 price was 14300-14500 yuan / ton, unchanged from last Friday.

According to cotton traders, the number of enquiry firms after the Lantern Festival is very few.

3, local cottonseed is unsalable and Xinjiang cotton seed pportation is increasing.

Up to now, most of Hebei's cotton seed core is 1.10-1.14 yuan / Jin, slightly lower than last week, and the volume is smaller.

However, some cotton seeds in Xinjiang suddenly increased, and the cost to Hebei manufacturers was 1.20 yuan / Jin, because the oil content was generally above 16%, which was 4 percentage points higher than the cotton seed in the mainland.