According to feedback from cotton traders in Jiangsu, Henan and other places, inquiries and shipments of long-staple cotton in Xinjiang have accelerated since mid-July compared with May and June. The transaction situation of long-staple cotton grade 3135-3137 in Xinjiang’s regulatory warehouse has been significantly better. For fine-staple cotton, long-staple cotton inventories of traders and cotton processing companies have gradually declined. In addition, a large amount of fine-staple cotton has been moved to inland consumption areas, while Xinjiang long-staple cotton is concentrated in several warehouses in the Aksu region. There are only a few Xinjiang long-staple cotton in stock in mainland warehouses.
A cotton company in Changzhou, Jiangsu Province said that as of now, there is not much long-staple cotton inventory left in several warehouses in the Aksu region, with grades 3136 and 3137 accounting for more than 80%. Long-staple cotton with grade 3138 and above is also very rare. In 2020/21, affected by many factors such as weather, cotton seed, and harvest, Xinjiang long-staple cotton generally has short staple length, high impurity content, and low breaking strength (batches of 40cN/tex and above are very few) . Due to low supply, demand from textile companies is relatively active, and traders are reluctant to sell and are holding on to their goods.
First, since June 2021, textile companies have received sufficient orders for carded and combed cotton yarns of 60S and above, and spinning profits have remained high; second, in 2021/22 Not only has the planting area of long-staple cotton in the Aksu region declined significantly, but the area of Pima cotton in the United States has also dropped by more than 30%. The contradiction between global long-staple cotton supply and demand is acute; thirdly, with the resurgence of the epidemic in Southeast Asian countries such as Vietnam and Indonesia, textile and clothing companies have taken over It is becoming increasingly difficult to place orders and deliver orders, and some delayed European and American high value-added textile and clothing orders are returning to China. </p
