From November 15th to 19th, the domestic cotton market continued to maintain a stable trend. The video meeting between the heads of state of China and the United States on the morning of November 16th boosted market confidence. The center of gravity of Zheng cotton futures prices moved slightly higher this week. Xinjiang cotton procurement is coming to an end. The price of seed cotton continues to decline. The processing costs of cotton production enterprises have further declined. The stalemate between buyers and sellers has loosened. Some textile enterprises with rigid needs are gradually accepting new cotton, but the overall transaction volume is weak.
This week, high-quality imported cotton continues to be released, companies are very enthusiastic about bidding, and price increases are fierce. The daily transaction rate has increased, and Xinjiang cotton and imported cotton continue to maintain 100% make a deal. Recently, the operating rate of textile enterprises has rebounded, but at this stage there are insufficient orders and profits are on a downward trend. The current stock of cotton reserves is rich in variety, allowing companies to choose from, and can meet the different needs of companies, so the transaction rate will remain at a high level.
Launch data for the week (November 15-19)
The total listed cotton reserves of China Cotton Reserve Management Co., Ltd. are 10.02 million tons, with a cumulative trading volume of 73,800 tons and a transaction rate of 74%. Among them, a total of 10,000 tons of Xinjiang cotton have been listed, with a total transaction volume of 10,000 tons, and a transaction rate of 100%; a total of 75,000 tons of real estate cotton have been listed, with a total transaction volume of 48,600 tons, and a transaction rate of 65%; a total of 15,200 tons of imported cotton have been listed, with a cumulative transaction rate of 15,200 tons. 10,000 tons, the transaction rate is 100%.
From November 15th to 19th, the average transaction price of reserve cotton was 19,887 yuan/ton, an increase of 94 yuan/ton from last week; the discounted price of standard grade (3128) was 21,278 yuan / ton, increased by 39 yuan / ton; the average price increase was 1,200 yuan / ton, decreased by 2 yuan / ton; the highest transaction price was 24,180 yuan / ton, and the lowest price was 17,360 yuan / ton. Among them, the average transaction price of Xinjiang cotton is 22,937 yuan/ton, with an average price increase of 2,675 yuan/ton; the average transaction price of real estate cotton is 18,249 yuan/ton, with an average price increase of 489 yuan/ton; the average transaction price of imported cotton is 23,121 yuan/ton, with an average price increase of 154 yuan /Ton.
The cumulative release data of the second batch of cotton reserves (November 10-19)
The cumulative release data of China Cotton Reserve Management Co., Ltd. There are 160,200 tons of cotton reserves listed, and the cumulative transaction volume is 106,700 tons, with a transaction rate of 67%. Among them, a total of 19,500 tons of Xinjiang cotton were listed, with a total transaction volume of 19,500 tons, and a transaction rate of 100%; a total of 123,500 tons of real estate cotton were listed, with a total transaction volume of 69,900 tons, and a transaction rate of 57%; a total of 17,300 tons of imported cotton were listed, and a cumulative transaction rate of 17,300 tons was listed. 10,000 tons, the transaction rate is 100%.
From November 10th to 19th, the average transaction price of reserve cotton was 19,859 yuan/ton, discounted to the standard grade (3128) price of 21,266 yuan/ton, and the average price increase was 1,201 yuan/ton. , the highest transaction price was 24,180 yuan/ton, and the lowest price was 17,190 yuan/ton; the average transaction price of Xinjiang cotton was 22,439 yuan/ton, and the average price increase was 2,455 yuan/ton; the average transaction price of real estate cotton was 18,338 yuan/ton, and the average price increase was 533 yuan/ton. ; The average transaction price of imported cotton was 23,103 yuan/ton, with an average price increase of 2,488 yuan/ton.
</p
