Willingness to restock high-quality new cotton in 2021/22 increases



According to feedback from some cotton processing enterprises in Xinjiang, since early and mid-November, the number of cotton traders and futures companies purchasing in Xinjiang h…

According to feedback from some cotton processing enterprises in Xinjiang, since early and mid-November, the number of cotton traders and futures companies purchasing in Xinjiang has gradually increased. Although the pre-sale of lint cotton in Xinjiang in 2021/22 is not ideal, The cotton sales market is still gradually recovering.

At present, the gap in psychological expectations between buyers and sellers for high-index lint cotton such as “Double 29, Double 30, Double 31” is constantly narrowing, and the phenomenon of each giving one step to the transaction is increasing (cotton companies are Most of them are “fixed price” and are not calculated based on the basis difference of Zheng cotton). After some large and medium-sized cotton textile companies waited and watched from September to October (mainly consuming raw material stocks and buying as they were used), their willingness to restock high-quality new cotton for 2021/22 has increased.

From the survey, the current price quotations of “Double 29” machine-picked cotton in Xinjiang’s supervision warehouse are concentrated at 22,950-23,150 yuan/ton (specific indicators are different, and the content of impurities is different. Difference), the price difference between “Double 28” and “Double 29” is only 50-100 yuan/ton, but the quotation of “Double 30” by weight reaches 23,600-23,900 yuan/ton, so most cotton traders and futures companies are more If you are willing to purchase “double 29” machine-picked cotton, you are not very “cold” about “double 28” and below, “double 30” and above lint, unless the seller offers a certain level of profit.

A medium-sized textile company in Binzhou, Shandong Province said that there is currently a relatively small amount of Xinjiang cotton in Shandong, Henan, Jiangsu and other inland warehouses in 2021/22. Cotton traders and cotton processing companies in Xinjiang mainly report The “in-transit” price of Xinjiang cotton is expected to be delivered from late November to mid-December. The “Double 29” machine-picked cotton is 23,600-24,000 yuan/ton (the price quoted by the First Agricultural Division of the Corps is 100-200 yuan/ton higher than the local price), Xinjiang The price difference between cotton prices and those in the mainland reaches 500-800 yuan/ton. </p

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Author: clsrich

 
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