There Are Mixed Feelings In The Background Of Cotton Reserves.

Since May 3rd, there has been a high turnover rate since the cotton reserves came out, of which the turnover rate of real estate cotton is over 95%, while that of imported cotton is 100%.

It can be said that the focus of the whole cotton market now is the reserve cotton rotation. So what is the situation of cotton enterprises, cotton growers and spinning enterprises in the background of the reserve cotton rotation?

Now most textile enterprises are preparing funds to participate in the auction.

Shandong Dezhou a textile enterprise official said, although the quality of cotton is uneven, but for two reasons, they chose to shoot.

First, the overall quality of new cotton in 2015 is generally poor, and some cotton is even lower than the reserve cotton. Moreover, the cotton reserves are fully certified by the China National Bureau of Commerce, and all indicators of cotton are very clear.

Two, there are not many scattered cotton resources in the spot market. It is difficult to group and the quality is also difficult to guarantee. Some textile enterprises say they will choose cotton reserves from the consistency of cotton.

Market participants expect that at present, most spinning enterprises maintain low raw materials inventory, so the turnover rate of pre delivery cotton is higher. Later, as the raw material inventory of textile enterprises is effectively replenish, the turnover rate of cotton reserves will decrease, which will bring opportunities for the sale of high-quality lint.

A cotton trader in Shandong believes that the current lint spot is only empty.

At present, he still has more than 500 tons of cotton in his hand. The price has been raised by 100 yuan / ton due to cost considerations, but the market has rarely asked for it.

At the same time, some cotton enterprises and cotton merchants in Hebei, Tianjin and other places are also raising their quotations slightly. In May 17th, the 3128B class real estate cotton price was 12300-12500 yuan / ton, and the 3128B class Xinjiang hand picked cotton price was 12700-12800 yuan / ton, but we all reflected that the paction was scarce.

Cotton farmers: busy spring sowing, listening to destiny

Since late April, the spring sowing of cotton in Shandong, Hebei, Henan and Tianjin has been gradually launched.

From the understanding of the situation, the spring sowing in these cotton regions is divided into two stages.

One is from mid April to early May, the price of zhengmian is soaring, the spot market is rising, the market is jubilant, the cotton farmers' confidence is increasing, and the spring sowing has been accelerated. Some cotton farmers in the early stages of hesitation also decided to sow cotton. A cotton grower in Xiajin, Shandong, planted 11 mu of cotton this year, an increase of 4 Mu over last year, and expressed confidence in the cotton price of the next year.

Another is from May 3rd to now, the reserve cotton rotation, spot and Zheng cotton rose abruptly, especially the Zheng cotton oscillation fell, and the market confidence was frustrated.

At this time, cotton spring sowing into a critical period, many cotton farmers began to hesitate.

Cotton farmer Lao Li of Xingtai, Hebei said that although he planted more than 4 mu of cotton this year, he could not be confident enough and worried that cotton prices would not be high next year.