Today'S Xinjiang Cotton Competition Sells 6089 Tons Of Resources.
The national cotton exchange market is scheduled for sale in July 3rd. Xinjiang cotton sells 6089.711 tons of resources, including 4016.567 tons of resources in the Xinjiang reservoir area (3930.548 tons of hand picked cotton, 13050 yuan / ton from the lowest price, 86.019 tons of machine picked cotton and 12300 yuan / ton from the lowest price).
Inland reservoir area
The resource is 2073.144 tons, and the lowest price is 13200 yuan / ton.
On the same day, more than 28 resources (fracture strength 28+, average length 28+) 2110.39 tons.
Xinjiang Library
Accounting for 1068.5 tons and 1041.89 tonnes of inland stock), the lowest price quoted is 13200 yuan / ton, all of which are hand picked cotton.
It is also known that there are several special deals in the inland Treasury.
Hand picking cotton
(price or around 12500) will be hung out of the system after 14:30. Dealers with needs can check in.
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According to the cotton prices in Akesu, Korla and other places in southern Xinjiang, it is expected that before July 10th or after the implementation of 1 million tons of "round storage", coupled with the C40S and above high count yarn, combed yarn orders showed a weak downward trend, the mainland cotton textile enterprises, operators of high-grade Southern Xinjiang cotton picking inquiry, picking up significantly slowed down, some textile enterprises in the early signing of the procurement contract has been slow to implement, and some have signed 10 batches of cotton, only 1-2 batches to meet nearly 1 weeks of production.
For the domestic cotton price trend after the delivery of cotton reserves, cotton enterprises, cotton producers and middlemen are more divided.
Although the "round store" price of imported cotton and imported cotton in 2012 reached 14200 yuan / ton and 15500 yuan / ton respectively, it was good for Xinjiang cotton, but considering the huge pressure of 1 million tons in 7-9 months, the domestic cotton resources will explosively increase. At present, 50-60 million tons of high-grade Xinjiang cotton need to be digested, and about 200000 tons of cotton outside the port are "covetous". Therefore, the hope or disillusionment of spot rise is.
On the 1-2 day of July, the inquiry and trading of Xinjiang's cotton were almost at a standstill. On the one hand, 1128 (1129) and 2128 (2129) of high-grade cotton were sold to the mainland for sale. The government supervised 3128, 3228, 4128, 4228 and so on, which were basically picked up by the cotton mills and middlemen. On the other hand, most of the cotton enterprises in the region were in great financial pressure since late June.
In July 2nd, the 2128 grade hand picked cotton wool reclaimed price in southern Xinjiang was 13200-13400 yuan / ton, and the 3128 class machine picked cotton price was 12400-12600 yuan / ton.
Some processing enterprises said that the remaining cotton lint in the first half of July will be dominated by machine picked cotton and low-grade cotton. Once the state starts the "wheel storage", the difficulties in sales will be very prominent.
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