Hengshui, Hebei: Cotton Market Is Surging And Volume Is Shrinking.

Recently, cotton seed purchase and spot sales in Hengshui region of Hebei province have only dropped slightly, but the shrinkage has been shrinking.

In April 3rd, the local cotton seed purchase price of seed cotton was 3.45-3.50 yuan / jin (the required rate of clothing was above 38%, and moisture regain less than 10%). Other quality seed cotton was adjusted according to the linen rate of 1% yuan, adjusted by 0.07-0.10 yuan per kilograms, which remained stable compared with the same period last week. However, the number of Japanese cotton purchasing enterprises has been reduced to 30 thousand kg, which is 30% lower than that in the same period last week.

Since April, local cotton enterprises focus on the registration of Zheng cotton futures warehouse receipts, and shift their focus to the acquisition of high quality seed cotton resources, while substantially reducing the number of low quality seed cotton acquisitions. Unless the textile enterprises specify the acquisition of low quality lint, they will concentrate on purchasing and processing these resources in a short time.

According to the current local cotton seed sales quotations 1.05 yuan / kg, wastage rate 2%, acquisition processing link cost 600 yuan / ton estimate, the above price, linen percentage, moisture regain rate of seed cotton purchased, processing cost price is 15500-15650 yuan / ton.

On the 3 day, the local cotton merchant real estate cotton white cotton 3128C2 sells the quoted price 15700-15800 yuan / ton (the public settlement, the delivery price, takes the ticket, the same below), the white cotton 1228C2 quoted price 15000-15100 yuan / ton, the white cotton 4128C2 quoted price 14900-15000 yuan / ton, the white cotton 2227C2 quoted price 14500-14600 yuan / ton; the same quality Xinjiang hand picked cotton quotation is higher than the real estate cotton high 500 yuan / ton, the machine picked cotton is higher than the real estate cotton high 300-400 yuan / ton.

The above quotations remained stable compared with the same period last week, but the weekly sales volume dropped to about 60-80 tons, almost half of the same period last week.

Recently, local cotton merchants have promoted new cotton production measures. First, the accounts can be extended to about 15-20 days, and two is to make profits 50-80 yuan / ton.

On the 3 day, local cotton producers in Awati County of Xinjiang autonomous region produced 137 grade long staple cotton selling price of 25500 yuan / ton (public settlement, local warehouse picking up and carrying tickets), 237 level quoted price 24900 yuan / ton, the quotation continued to maintain at the level of the first three weeks, zero turnover.

First, as for April 2nd, the number of warehouse receipts sold by the company was 16858, which increased by 145 more than that of 1 days, compared with that in the 1 days. The effective forecast of 4299 pieces increased by 75 compared with 1 days, and the warehouse receipt forecast exceeded 800 thousand tons, and the pressure remained unabated. Two, since March 25th, the price of CF1905 has fallen continuously in recent months, and once the futures price rises, some of the warehouse receipts are put into the market, which is effective suppression of the current futures price; three is the news from the local and peripheral textile enterprises, which is affected by the reduction of the April VAT rate and the import and export quality of cotton yarn. It is understood that the reason why the recent spinning