What Is The Impact Of Xinjiang Cotton Auction On Cotton Market?

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Net Xiaobian to introduce the Xinjiang cotton auction to cotton city influence geometry?

From October 29th, the new cotton trading market will be launched in the national cotton trading market, and its resources will be produced, purchased and processed in the Xinjiang Uygur Autonomous Region (including the Xinjiang production and Construction Corps) in 2014, and will be stored in the Xinjiang cotton professional supervision warehouse to receive standardized supervision and inspection of the fine cotton in the public inspection.

How much will the price of the new cotton auction be? How does it affect the future of cotton? Enthusiasm and turnover are the most important issues that most companies are concerned about.

1, the spot market lint sales are not warm, the price is more stable, cotton yarn prices fell earlier, but recently gradually stabilized, sales also rose slightly.

Each spinning enterprise has limited stock of cotton, but in order to reduce risks, the purchase is mainly based on consumption and purchase.

Therefore, it is estimated that the price of Xinjiang cotton will not be too high, or around 14500 yuan / ton.

2, futures prices go down.

On the 27 day, the closing price of Zheng cotton CF1501 contract was 13550 yuan / ton, indicating that the market participants were still bearish about the latter cotton market, but they did not rule out the possibility that the price would follow the spot market back to 14000 yuan / ton at the time of delivery.

Xinjiang cotton auction should not have a substantial increase in the futures and spot market. However, the introduction of the auction not only reduces the procurement cost of textile enterprises, but also meets the demand of textile enterprises for the diversity of cotton, so spinning enterprises are willing to participate.

3, the market rumors that the new territories cotton auction will match the quota, but there is no specific policy at present, the market sentiment is thicker.

If the specific policies of the quota are introduced, the enthusiasm of the textile enterprises to participate in the auction will increase, which may drive the auction price to rise slightly.

There are also textile enterprises reflecting the existence of chromatic aberration in imported cotton, which is different from the demand for cotton blending in textile enterprises. At present, the price difference between domestic and foreign cotton is about 1500 yuan / ton, and it is more willing to purchase domestically produced cotton.

The author thinks that although the attraction of matching quotas for textile enterprises has been reduced, it can still pull a group of enterprises that need import quotas to enter into bidding, and quotas will affect the price and quantity of bidding.

4. Judging from the weather conditions,

Generally cooling, the recent or snowy weather will have a certain impact on the newly harvested Xinjiang cotton.

Therefore, most of the textile enterprises are more willing to purchase the Xinjiang cotton which is currently competing. As for the newly sold Xinjiang cotton, the quality may not be as good as that of the previous stage, when the turnover rate will decrease.

5, due to the auction of Xinjiang cotton warehouse in Xinjiang, bringing some unnecessary trouble to enterprises, pportation will be the most difficult problem to solve.

At present, the pport capacity of Xinjiang is tight, no matter whether it is highway or railway. Enterprises are most afraid that the cotton will not be able to be brought back, but they will not be able to use the goods.

If the pport problem is solved, the activity of bidding will increase substantially. The mainland textile enterprises prefer to pport Xinjiang cotton to the mainland for sale.

To sum up, all textile enterprises should take part in Xinjiang cotton competition according to their own situation, grasp the opportunity, grasp the market situation, and strive for the cotton that they are satisfied with.

It is worth reminding enterprises that in addition to controlling procurement costs, enterprises should pay more attention to pportation costs and time to ensure that enterprises can use Xinjiang cotton in time.

The national cotton resource monitoring information platform (zypt.cncotton.com/) can provide enterprises with abundant logistics information and solve pportation problems in time.

Resources, welcome enterprises to register as members to help enterprises develop.