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Cotton Growers Are Busy! Cotton Prices Rise And Fall In The Long Run.

2019/4/10 13:32:00 10442

Cotton FarmersCotton Prices

Hebei Tangshan: cotton enterprises wait and see, cotton farmers start to prepare for the broadcast.




Last week, the price of lint cotton in Tangshan area of Hebei province was basically flat compared with the previous week. The white cotton grade 3 was 15300-15400 yuan / ton, the length was 28 millimeters, and the actual turnover was almost zero.




Analysis of the reasons is that the lint price and the lint cost difference between the linen cotton market are larger. If the lint is sold at present, there may be some losses. Two, cotton enterprises believe that the price of lint cotton is basically down to a low level, and the probability of continued decline is low, mainly due to the lower and lower supply of cotton enterprises and the gradual decrease in the supply on the market. Three, it is a heavy selling mentality at the moment, hoping that the price of lint cotton will rebound. Four, as time goes on, cotton enterprises will selectively sell according to the market lint price.




The price of local cottonseed is basically the same as that of the previous week, maintaining around 1 yuan / Jin.

Although the downstream cottonseed processing enterprises do not operate well, the gradual reduction of cottonseed inventory has played a supporting role in stabilizing cotton seed prices.

The market is expected this week, the local cotton seed prices will show a steady upward trend.




Another cotton farmers from Fengnan District, the main cotton producing area in the region, learned that cotton growers are ready to plant seeds this year. Cotton fields are basically laid out. As temperatures rise, cotton planting is getting closer and closer. The seeding time is expected to start before and after "Grain Rain" in April 20th.




Xinjiang: cotton enterprises insist on very expensive corps, machine picked cotton broadcast




According to the survey, during the Qingming Festival, Xinjiang cotton warehouse quotation was stable, and the gin and cotton traders did not have a very strong mentality because of financial pressure. The difference between the actual price and the bid price of the high quality lint was only 30-50 yuan / ton.

On the whole, no matter whether the 3128/3129 grade in the southern Xinjiang (27CN/tex or above, the content is less than 1.5%) or the "double 28/ double 29" in North Xinjiang, the inquiry and paction of machine picked cotton slowed down compared with that in 2 and March.




On the 6-8 th of April, the "double 29" hand picked cotton weighed 15750-15850 yuan / ton (the fracture strength 28.5CN/tex and above, the impurity less than 1.5%) and the "double 28" hand picked cotton weight quoted price 15600-15700 yuan / ton (impurity 1.5%, 27.5-28.5CN/ Tex) of the Akesu and Korla regulatory bank.

In the northern Xinjiang, Kuitun, Changji, Urumqi and other "double 29" machine picked cotton prices for public goods were maintained at 15550-15700 yuan / ton (less than 2.5% impurities).




And now, located in the alpine cotton planting farm of the first division of the Xinjiang production and Construction Corps on the upper reaches of the Tarim River, the 2 million 200 thousand mu of cotton mechanized seeding is spreading like wildfire.




Early spring this year, as the temperature continues to rise, the first division of alar city started spring sowing work in March 20th, 10 days ahead of schedule. And all facilities were irrigated and planted in accordance with the mode of machine production. Up to now, more than half of the sowing area has been completed, and the sowing work is expected to end in April 15th.




The first division, alar city, is located in the south of Tianshan Mountains, the upper reaches of Tarim River and the northern edge of the Taklimakan Desert. It is one of China's long staple cotton production bases and the famous "long staple cotton town". Its output ranks the highest in the world, and the annual export of long staple cotton accounts for over half of China's total.

Cotton planting area accounts for 19.2% of the Xinjiang corps, and lint yield accounts for 22.3% of the whole Corps. The high yield per unit area, the high contribution rate of science and technology and the high degree of mechanization are the main reasons.

The quality of the cotton produced is high, and its products are exported to Guangzhou, Shanghai, Tianjin and Jiangsu and Zhejiang provinces.




Data show that in 2018, Xinjiang corps cotton sown area of 12 million 810 thousand and 500 mu, an increase of 23.1%, of which 10 million 300 thousand and 100 mu of machine picked cotton, cotton production rate of 80.4%; cotton production reached 2 million 46 thousand and 500 tons, an increase of 20.8%, a record high, cotton production accounted for 33.5% of the country.




On the whole, the downstream orders are insufficient, the import yarn consumption is still weak, and the "pain point" is still in place. The two factors, such as the decrease in freight rates and slow sales in the territory, have accelerated the speed of moving the warehouse to the mainland.

With the increase of the mainland's resources, the quotation has been steadily lowered. The 18 year's 28 of the inland bank and the price of Xinjiang cotton with a strong 27CN/tex are priced at 16000 yuan / ton. 17 years, the "double 28" Xinjiang cotton price is 15600-16000 yuan / ton, and the new cotton 14500-15000 inland bank.

Guan Guan cotton is 16800-17500 yuan / ton, and Brazil, West Africa and India cotton are 15200-15800 yuan / ton.

The price of imported cotton is better than Xinjiang cotton, and sales are better.

18 years of long staple cotton mainland bank quoted 25000 yuan / ton, few pactions.




Recently, the outcome of Sino US negotiations is not clear. The good news shows that the Sino US trade agreement will be reached within four weeks.




To sum up, it is expected that the price of cotton in the future will be oscillating in the current range, and it is easy to rise and fall in the medium and long term.

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