Cotton prices rose to be optimistic and keep cotton yarn sales price of Chai Sin
With the soaring spinning at full capacity, textile orders from the previous month improvement in lint strong demand has begun, along with not a lot out of Xinjiang Xinjiang cotton, foreign cotton and cotton inverted in real estate, lint apparent short-term supply and demand gap, especially the more high-grade lint tension, lint prices continued to rise, which in turn has strengthened the confidence of cotton Tun Tun cotton-related enterprises.
Cotton Spot Price also rose over the weekend, spinning enterprises procurement pressures continue to grow. Although the large-scale textile enterprises inventory is not low, but also more bullish on the latter now also being procured. Today, around the spot quotes continue to rise, Xinjiang to spend two in 15700-15800 yuan / ton. Long-staple cotton 137 25,000 yuan / ton. A Shandong cotton prices three public prosecutor's offer to 15.8 thousand yuan cotton / ton. Jiangsu cotton prices were quoted at 15.6 thousand yuan / ton, Anhui cotton prices offer 15.4 thousand yuan / ton. Textile enterprises reflected the problem may be poor transportation, recently Xinjiang better buy, while the Mainland cotton quotations are too high, and the hoarding of scarce cotton business, bad buy. Slightly less than the overall resources to become the recent hot market, cotton companies reluctant sellers, thin trading volumes.
At present, the domestic seed cotton buying and selling near the end, there appeared sell to the state part of the cotton seed cotton buying signs. Domestic cotton business inventories are generally not high, leaving a small number of real estate and the poor quality of cotton, some enterprises are mostly inventory Xinjiang is still optimistic and cotton, to be kept up. As the textile enterprises into full swing, coupled with the lower sales price of Chai Sing yarn, lint purchasing demand has risen, some companies active inquiry, and even take the initiative to raise the purchase price, the spot transactions increased. In the current short supply, particularly in high-grade lint under the tight supply fundamentals support today, the domestic cotton prices continue to rise.
Yarn, the Wei bridge the day before yesterday and today, cotton prices rose 500 yuan, Shandong Crown stars 4 and 7, respectively, up 300-500 yuan, meaning that one week period, all cotton yarn rose by almost 1000, up 200 the day before yesterday, Shandong Zouping , yesterday rose 500, Henan, a large cotton business is up 500 this morning, hit a morning phone understand that the rise everywhere, people are cotton yarn, are out of stock, order the general to early May, and basically After the first shipment wealthy simply no goods.
Now outside the cotton prices are high, relatively speaking, the current spread domestic cotton and imported cotton to domestic textile enterprises more favorable more.
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