The cotton farmers are busy! Cotton prices are easy to rise and difficult to fall in the medium and

Tangshan, Hebei Province: Cotton enterprises wait and see for the main cotton farmers to start preparing for sowing



Last week, the lint price in Tangshan District of Hebei Province was basically flat compared with the previous week. The white cotton grade 3 was 15300-15400 yuan/ton, the length was 28 mm, and the actual turnover was almost zero.



The reason is that there is a big gap between the price of lint cotton and the cost of lint cotton in stock. If lint cotton is sold at present, there may be a loss. Second, cotton enterprises think that the price of lint cotton is basically at a low ebb, and the probability of continuing to decline is low, mainly because the inventory of cotton enterprises is getting lower and lower, and the supply in the market is gradually decreasing. Third, they are reluctant to sell at present, and hope that the price of lint cotton will rise. It is over time that cotton enterprises will selectively sell according to market lint prices.



Local cottonseed prices were basically flat compared with the previous week, and maintained at about 1 yuan/kg. Although the downstream cottonseed oil processing enterprises are not well managed, the gradual reduction of cottonseed inventory has played a supporting role in stabilizing cottonseed prices. The market expects local cottonseed prices to rise steadily this week.



From the cotton farmers in Fengnan District, the main cotton producing area, we know that the cotton farmers are ready to sow this year. The cotton field is basically covered with plastic film. With the temperature rising, the sowing time of this year is expected to be around April 20-ldquo; cereal rain-rdquo; around the beginning.



Xinjiang: Cotton enterprises insist on the cotton picking and broadcasting of



According to the survey, Xinjiang cotton quotation in warehouses both inside and outside Xinjiang during the Qingming Festival was stable. Cotton mills and cotton traders had a strong mentality because of little financial pressure. The gap between the actual price of high-quality lint and the quotation was only 30-50 yuan/ton. Overall, the inquiries and transactions of machine-picked cotton in South Xinjiang 3128/3129 (breaking strength 27CN/tex and above, with impurity less than 1.5%) or North Xinjiang & ldquo; Double 28/Double 29 & rdquo; and Machine-picked cotton slowed down compared with February and March.



April 6-8, Aksu and Korla regulatory warehouses & ldquo; Shuang29 & rdquo; hand picked cotton weight quoted 15750-15850 yuan/ton (breaking strength 28.5CN/tex and above, impurities below 1.5%), & ldquo; Shuang28 & rdquo; hand picked cotton weight quoted 15600-15700 yuan/ton (impurities below 1.5%, breaking strength 27.5-28.5CN/tex). Kuitun, Changji, Urumqi and other warehouses in North Xinjiang & ldquo; Shuang29 & rdquo; Machine picking cotton public weight lifting price maintained at 15550-15700 yuan/ton (impurities below 2.5%).



At present, the first division of Xinjiang Production and Construction Corps located on both sides of the upper reaches of the Tarim River, Alar City, cotton planting regiments, 2.2 million mu of cotton machinery seeding work is in full swing, the vast cotton fields, the sound of machines is rumbling, a busy scene.



Earlier this spring, with the continuous increase of temperature, the first division of Alar started spring sowing work on March 20, 10 days earlier than previous years; and all the facilities were irrigated and planted according to the machine-harvested mode, so far more than half of the sowing area has been completed, and it is expected that the sowing work will be fully completed on April 15.



The first division, Alar City, is located in the southern foot of Tianshan Mountain, the upper reaches of Tarim River and the northern margin of Taklimakan Desert. It is one of the famous production bases of long-staple cotton in China and the hometown of long-staple cotton, rdquo; its output ranks first in the world, with annual export of long-staple cotton accounting for more than half of China's output. Cotton planting area accounted for 19.2% of Xinjiang Corps, but lint production accounted for 22.3% of the whole Corps. Higher yield per unit, high scientific and technological contribution rate and high degree of mechanization were the main reasons. Its cotton is of high quality and its products are exported to Guangzhou, Shanghai, Tianjin and Jiangsu and Zhejiang provinces.



The data show that in 2018, the cotton planting area of Xinjiang Corps reached 128.105 million mu, an increase of 23.1%, of which the machine-picked cotton area was 1030.01 million mu, and the machine-picked cotton yield was 80.4%. The cotton output reached 204.65 million tons, an increase of 20.8%, a record high, and the cotton output accounted for 33.5% of the country.



Generally speaking, insufficient orders downstream, weak consumption of imported yarn extrusion is still “ pain point ” and two major factors, the decline of freight out of Xinjiang and the slow sales in Xinjiang's internal warehouse, have accelerated the speed of Xinjiang's cotton transfer to the interior of the warehouse. With the increase of the inland reservoir resources, the quotation of Xinjiang cotton with 28 years length and 27 CN/tex strength concentrated in 16 000 yuan/ton (nominal), 17 years-ldquo; double 28-rdquo; Xinjiang cotton quotation of 15 600-16 000 yuan/ton, and the real estate of new cotton of 14 500-15 000 inland reservoirs. Customs clearance of Australian cotton in 16800-17500 yuan/ton, Brazil, West Africa, India cotton in 15200-15800 yuan/ton. The cost-performance ratio of imported cotton through customs is better than that of Xinjiang cotton, and its sales are better. The 18-year long-staple cotton inland warehouse quoted about 25,000 yuan/ton, with few transactions.



Recently, although the outcome of the Sino-US negotiations is not clear, the good news indicates that the Sino-US trade agreement will be reached in about four weeks.



In summary, it is expected that cotton prices in the future market will fluctuate in the current range, and it will be easy to rise and fall in the medium and long term.