“The little lotus is just showing its sharp corners” is very appropriate to describe the current cotton purchasing market in Xinjiang. The opening price of 7.0 yuan/kg has appeared in southern Xinjiang one after another. Some people think that the price is high and higher than market expectations. Some people think that the price is reasonable. In line with futures and spot market conditions. Does the current opening scale price have reference value?
The author believes that the cotton currently being purchased at scales in southern Xinjiang is hand-picked, and the cost of hand-picked cotton is higher than that of machine-picked cotton. According to last year’s calculations, the cost of manual-picked seed cotton was 2.0-2.5 yuan/kg, while the cost of machine-picked seed cotton was 0.6 yuan/kg. About kilograms. The difference in picking costs makes the selling price of machine-picked cotton lower than that of hand-picked cotton. In addition, the reason why the purchase price of hand-picked cotton is higher is that the impurity content is low, the fiber is long, and the quality after processing is relatively good.
It is understood that the peach blossoms picked now have short and thick fibers and high horse value. They are generally processed into cotton. Depending on the use, the purchase price of seed cotton used to process cotton is higher than that of textile cotton. Xinjiang cotton is used every year. The processing volume is only 200,000 to 300,000 tons, accounting for a very low proportion of Xinjiang’s total cotton output. Therefore, the representativeness of cotton wadding is not strong, and its impact on the overall price of Xinjiang cotton is very limited.
Based on the above factors, we should treat the recent opening scale prices calmly. New cotton has not yet been launched in large quantities. Some companies are more of a trial mentality. Furthermore, there are few opening scale companies. The prices at this time are not universal and cannot be It truly represents the cost of Xinjiang cotton in the new year. The author believes that although the current opening scale price does not have much reference value, the price lower than last year has shown that the later listing price is not optimistic. As for whether it will open low and go high, or open high and go high, or other trends in the later period, it is also full of variables. You need to always pay attention to market dynamics and fundamental changes, and maintain an objective mentality.
</p
