Xinjiang: Auto Delivery Volume Rises, Textile Enterprises Purchase Temperature Rises

According to the feedback from the cotton regulatory libraries in Urumqi and Aksu, the export volume of cotton from Xinjiang has continued to rebound in the past week, with the focus on consumption areas such as Jiangsu, Henan, Shandong and Hubei. In the early stage, the demand for export from Xinjiang was rapidly released due to factors such as insufficient ex warehouse of epidemic situation and limited personnel and vehicles. Firstly, the proportion of high-quality lint (including Zheng cotton warehouse receipt) such as "double 28 and double 29" increased significantly; secondly, the shipping enthusiasm of cotton textile enterprises in the mainland increased. Due to a large number of short-term business in Xinjiang, and the purchase, processing and warehousing of seed cotton in 2020 / 21 are about to start, the outbound freight rate continues to rise slightly, and the quotation of transportation companies and individual drivers is generally 10-15 yuan / ton higher than last week.

The reasons for the sharp rebound of highway transportation of Chenmian in Xinjiang in September are summarized as follows: first, the inquiry and order receiving of 40s and above high count general combed yarn and combed yarn by yarn mills in Jiangsu, Zhejiang, Henan, Shandong and other places have continued to warm up recently, and the shipment is relatively smooth, while the high-quality cotton inventory of cotton spinning mills is low, so there is a need to replenish the warehouse; second, a large number of Zheng cotton warehouse receipts in Xinjiang are flowing into the spot market The receiving party is willing to ship. According to statistics, as of September 15, there were 11494 Zheng cotton warehouse receipts (- 326), a significant decrease of 4902 compared with August 15 (actual equivalent to about 208300 tons of lint); third, Xinjiang cotton was gradually listed in 2020 / 21, not only ginning plants and traders had plans to clear their warehouses and collect money, but some regulatory repositories also urged cotton storage enterprises to sell as soon as possible to free up storage capacity; fourth, Xinjiang's production and life were fully restored to normal Local cotton textile mills and traders have entered Xinjiang one after another. Considering the high opening price of seed cotton purchase and the large value of flower horse before harvest, as well as the expansion of profit margin of cotton enterprises in selling old cotton, textile enterprises are making a transition in purchasing old cotton.