Since 2021/22, Xinjiang’s cotton shipments (including sales and transfers) have declined significantly year-on-year. In particular, the enthusiasm of mainland cotton textile companies and traders to ship cotton by railway has dropped significantly compared with previous years. In January and February 2022, Xinjiang cotton railway shipments The year-on-year decrease in transportation volume has exceeded 40%; although road shipments have experienced periodic fluctuations, the overall outbound volume has also declined significantly. Since March, the month-on-month decrease in road transportation has reached 32.3%, and the year-on-year decrease has exceeded 30%. Therefore, a large part of the regulatory warehouses in Xinjiang are currently under heavy pressure, which is difficult to effectively alleviate in the short term.
The shipment progress of Xinjiang cotton in 2021/22 is slow. The author analyzes the main reasons for the following three reasons: First, as of March, mainland large and medium-sized cotton textile enterprises have not effectively carried out the replenishment of Xinjiang cotton in 2021/22, and are still purchasing on a rigid basis. Lord. There are sufficient cotton resources in the market, and the quality indicators and spinnability of real estate cotton have been significantly improved in 2021/22, causing Xinjiang cotton purchases to be repeatedly postponed. In addition, since December 2021, under the premise that raw materials have risen sharply and terminal cost transmission has been blocked, cotton spinning companies have rapidly compressed spinning profits and even experienced an inversion of production and sales. They have had to adjust the centralized procurement of Xinjiang cotton to buy as you use and pay as needed. Single replenishment.
Second, cotton traders and ginning companies are not very enthusiastic about Xinjiang cotton transfer sales in 2021/22. Since the delivery warehouses of Zhengzhou cotton in Xinjiang are relatively sufficient this year, the inquiry and shipment of Xinjiang cotton in consumer areas such as Shandong, Jiangsu, and Henan in the mainland are not ideal, and the proportion of Xinjiang cotton “fixed price” sales this year is relatively high, therefore, the trade Most merchants and cotton ginning companies just wait and see what happens and do not take the initiative to promote.
Third, the COVID-19 epidemic continues to spread in the mainland, and prevention and control has been fully upgraded again. Xinjiang cotton shipments, transportation, warehousing, etc. have been greatly affected. The willingness of transportation companies and drivers to travel to Xinjiang continues to decline, mainly because they are worried about expired nucleic acid tests and passing through the epidemic area. Isolated vehicles and cargo need to be disinfected multiple times, which not only lengthens the transportation period, but also creates great uncertainty in costs.
</p
