Winston Print Fabric,Winston Fabrics,Polyester Print Silk Like Fabric,Polyester Print Fabric SHAOXING TUNING INTERNATIONAL TRADING CORP. , https://www.tuningtex.com
The advantages of domestic cotton continue to increase: the gap between cotton prices at home and abroad narrowed
Up to now, the domestic seed cotton picking and processing in 2015/2016 have basically ended, the quality and quantity of domestic cotton products are not satisfactory, and the disappointment for cotton growers and cotton processors is that the domestic lint prices continued to decline, of which the cotton price in Zheng Cotton also fell below 10,000 yuan / ton mark, the lowest forward contract fell to 9,700 yuan / ton. "The drop in domestic cotton prices is a bad thing for cotton growers and cotton processors, but it is a good thing for the long-term development of domestic cotton markets." Li Nan, a researcher at Luzheng Futures Textile Co., said that since the launch of new cotton in 2014, relevant departments Since the implementation of the target price in Xinjiang's cotton-producing areas, the domestic cotton prices have continued to fall. Under the influence of the formation of a price mechanism in the market, domestic cotton prices, which were originally supported by the policy of purchasing and storage, have suffered a serious setback and are now at a similar cost to imported cotton, The price advantage of importing cotton and cotton yarn weakened significantly. Textile enterprises began to actively purchase domestic cotton as raw materials, which eventually accelerated the sales progress of domestic cotton inventories, laying a good foundation for the market-oriented operation of the domestic cotton industry in the future. Before 2014, due to the policy of purchasing and storing, domestic cotton prices continued to rise, once exceeding 30,000 yuan / ton. As the domestic cotton prices were too high, the cotton downstream enterprises overwhelmed and purchased cotton and cotton yarn, eventually leading to the majority of domestic Cotton into the State Reserve warehouse and backlog, making the State Reserve cotton inventory is very large, the current stock is still about 10 million tons. At present, the focus of the domestic cotton market is the State Reserve cotton sales. As the quantity and price of the sell-off have not been confirmed so far, there are many rumors in the market. Under the influence of this, the fears that the domestic cotton market will further suppress the price of the Guodian cotton will continue to spread. As a whole, the prices of domestic cotton and its downstream products go down as a whole. Ningbo cotton dealer Zhang Jian Steel told Futures Daily reporter, the domestic cotton spot prices decline will continue for some time. Due to sluggish demand and bearish psychology, many textile enterprises not only do not stockpile their products, but also try their best to buy at a lower price. Cotton processing enterprises, because of concerns about throwing stocks at the market, will suppress prices and lack the confidence in selling prices. Some cotton traders are also constantly shipping prices . Expected in the State Reserve cotton sales volume and price of the dust settled before the weak domestic cotton situation is difficult to change. However, it is gratifying that with the decline of domestic cotton prices and their products, the domestic cotton supply pattern is changing. The price advantage of domestic cotton and its products is starting to appear. The demand has shown signs of warming and the import of cotton and its The number of products entering the domestic cotton market began to decline. "Many cotton growers in Shandong and Hebei intend to reduce their cotton acreage this spring, mainly due to the fact that the purchasing price of seed cotton has been hovering for a few years, leaving them unable to see any hope of increasing their income." Zhao Xiaowei, a cotton producer in Xinji City, Hebei Province, The annual planting of cotton farmers intent, the domestic cotton acreage will continue to decrease, yield does not appear in a substantial increase in the situation, the new year's domestic cotton production is difficult to grow, which will speed up the State Reserve cotton de-stocking rate. "The current import of cotton and cotton yarn relative to domestic cotton, cotton yarn has been the lack of competitiveness, while the State Reserve cotton sales may further reduce the domestic cotton prices, thus further weakening the domestic cotton market for imported cotton, cotton yarn demand." Zhang Jian Gang believes that the future The quantity of domestic-made cotton purchased by textile enterprises will continue to increase. As cotton stocks of State Reserve continue to be digested, the prices of domestic cotton and cotton yarn will be stabilized and stabilized. The prices of domestic cotton, cotton yarn, imported cotton and cotton yarn will be lower in price and market share And so on to achieve a new balance. According to Li Nan, domestic and foreign cotton, cotton yarn spread narrowed after the domestic small and medium-sized spinning low yarn-making enterprises to purchase domestic cotton raw materials have been able to get better profits, such as a textile company Dongying profit reached 1,000 yuan / ton.