The Prices Of Long Staple Cotton Continued To Fall, And The Market As A Whole Was Weak.

Recently, in the mainland of Xinjiang

Cotton traders have been returning home, and the inquiry prices of long staple cotton have been sparse on the market. Only a few sporadic pactions have been made, and local prices have continued to fall, and the long staple cotton market is generally weak.

Long staple cotton is not only cold in Xinjiang, but also some long staple cotton that has moved to Shandong and Jiangsu warehouse.

In January 28th, a ginning factory in Akesu, Xinjiang, reflected that the 137 spot ex factory price was 22800-22900 yuan / ton (gross weight, including tax), 237 level 22000 yuan / ton line, some 337, 336 grade long staple cotton prices were 20500-21000 yuan / ton, the price center of gravity dropped nearly 200 yuan / ton compared with last week, some manufacturers returned funds, and even gave buyers more room for price reduction in the actual paction process.

Long staple cotton is not only cold in Xinjiang, but also some long staple cotton that has moved to Shandong and Jiangsu warehouse.

On the 28 day, a cotton trader in Weifang, Shandong said that the price of 137 tons of long staple cotton was 23300-23400 yuan / ton and 237 yuan 22500 yuan / ton at the moment, which dropped 100-200 yuan / ton compared with last week, and the local homogenous long staple cotton was 150-200 yuan / ton lower than that of the regiment.

At present, long staple cotton has three disadvantages: 1.

The supply is far greater than demand. In 2015, Xinjiang's long staple cotton area reached 2 million mu, and its output exceeded 100 thousand tons. There is no suspense, but the demand for long staple cotton in China is only 6-7 tons per year, and the supply and demand is very loose.

The two is the tension of highway and railway freight, and the increase of the freight rate and the extension of the cycle.

In the first half of this month, the cost of road pportation from Akesu to Shandong was 750-800 yuan / ton, and now it has risen 100-150 yuan / ton to 850-1000 yuan / ton.

In addition, because of the agricultural products such as spring pportation and Xinjiang dried fruits, it is difficult to coordinate the railway pportation. Some of the cotton stranded platforms can only come out after the Spring Festival. Three, most of the cotton enterprises have been stocked up years ago, and the market is less.

After entering this week, it is difficult for Akesu to see textile factories and cotton merchants from Shandong, Jiangsu and Sichuan Chongqing.

It is also hard to see the inquiry merchants.

"The Spring Festival draws near, everyone's pessimism is very strong."

A long staple cotton merchant said that this was mainly due to the estimation of the "relaxed supply" situation after the Spring Festival and the weakening of downstream demand. Some long staple cotton ginning mills and cotton merchants even planned to sell their products on a reduced price after the Spring Festival in order to realizable their decompression.