Festival Atmosphere Is Still Part Of The Cotton Enterprises Have Resumed Work.
Xinjiang cotton quotation is stable.
A ginning factory in Akesu reflects that fewer enterprises are starting up at present, and the purchase price of seed cotton has dropped to 4.2-4.5 yuan / Jin. The seed cotton sale is almost over. Although the ginning factory has started, the purchase is basically unlimited, and the enterprises mainly sell lint.
On the 25 day, the selling price of leather grade 2129, 3128 and 4128 was 14300 yuan / ton, 13700 yuan / ton, 13400 yuan / ton respectively, and the overall price level was unchanged before the Spring Festival holiday.
At present, most cotton mill in Xinjiang has a large stock of cotton, and a ginning factory in Akesu is stocking more than 7000 tons of cotton, and intends to move to the mainland in the near future.
The 3128 class hand picked cotton has been quoted to Shandong, Jiangsu and other places. The price is quoted at 14000-14300 yuan / ton, and the 2128 class price is 14300-14400 yuan / ton, all of which are unchanged from the Spring Festival, and there are hardly any sales records in the near future.
The financial pressure of Xinjiang ginning factory increased after several years. Some enterprises increased their financial costs through social financing, plus the need to pay warehousing, storage, pportation and loan interest and warehousing costs to the mainland.
Up to now, most farmers and cotton planting units in Xinjiang haven't purchased materials such as cotton seeds, plastic film, fertilizer, pesticide and so on. In particular, some Uygur farmers have low enthusiasm to purchase agricultural materials before they were launched in April.
First, cotton farmers' income in 2014 is not high; two, domestic cotton prices are expected to remain low in 2015.
Market expects Xinjiang next year
cotton
Planting area decreased by more than 10%.
The the Yellow River river basin is in a "sting" state.
As of 25 days, Hebei, Shandong,
Tianjin
Other places are still immersed in the festival atmosphere.
On the same day, Mr. Li, owner of a 400 type cotton ginning factory in Xiajin, Shandong, said that their factory plans to start work after ten in the beginning of the month, which has been postponed for 3 days compared with previous years.
According to him, after the Spring Festival this year, the local ginning factory is still "no action".
The reason is: first, there is not much seed cotton in the market, and the quality is poor, which is not attractive to the ginning plant. Two, the current stock market is not good enough, especially the purchasing attitude of textile enterprises is negative, and the cost of enterprises is "upside down".
On the same day, Shandong, Binzhou, Dezhou and other places 3128 class real estate cotton price 12900-13100 yuan / ton, 4128 level 12400-12500 yuan / ton, continue to quote before the Spring Festival.
At present, most of the 400 type cotton ginning plants have low stock of lint, generally below 100 tons, and some ginning plants are at 500-600 tons.
Some ginning plants reflect that after the Spring Festival, they will no longer buy seed cotton and sell mainly lint.
The market is expected to begin later in March.
The Yellow River Basin
Cotton prices will be divided. First, the price of quality Xinjiang cotton, real estate cotton and imported cotton will rise, of which grade 2129 Xinjiang cotton will rise to 15000 yuan / ton; two, quality general cotton, Xinjiang hand picked cotton and India cotton will continue to go down, of which 2227 grade real estate cotton price is around 12000 yuan / ton.
The quantity tax reduction of the ginning plant in the Yangtze valley.
Up to now, market participants in Hubei, Jiangsu and Anhui in the Yangtze River Valley have been greatly reduced after the Spring Festival.
On the 25 day, the head of a 400 type ginning factory in Wuhan, Hubei, Niu said that they still had 210 tons of lint on hand, and that they would no longer buy and process after they were sold out.
According to him, after more than 70 years, the local cotton ginning mill estimated that the normal operation will be below 10.
First, before the Spring Festival, most factories ended up losing money, and cotton processing industry was not profitable. It became a common understanding. Two, the cotton area in the Yangtze River Basin had been greatly reduced, and most of the ginning plants had "no rice under the pot".
It is reported that at present, the acquisition of cotton in the Yangtze River Basin has completed more than 80%. After that, the quantity of cotton is small and the quality is poor.
Some market people expect the cotton planting area of the Yangtze River Valley to fall by more than 30% in 2015.
"Now cotton planting in the Yangtze River Valley has no attraction."
A ginning factory owner said: first, the mainland does not enjoy the preferential policy of "differential subsidy" in Xinjiang. For the mainland cotton farmers, the weaker the market is, the greater the loss. The two is the oversupply of cotton resources. Only from about 10000000 tons of state cotton stocks, according to the current market consumption ability, it can basically meet the textile industry's two-year use. It is expected that domestic cotton prices will not improve in 2015, and cotton growers will have a way out for other crops.
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