Long-staple cotton: The market develops steadily and purchases and sales are orderly
Correspondent from China Cotton Network: Recently, the long-staple cotton market has been relatively stable. As of21, the purchase of long-staple cottonseed cotton in Aksu, Shaya, Wensu and other places in Xinjiang has stopped. Cotton farmers are beginning this year’s spring sowing work. According to reports from some cotton farmers, since2016cotton farmers have benefited a lot, it is estimated2017The planting area of old velvet cotton will increase.
According to an Aksu cotton farmer, all long-staple cottonseed cotton has been sold so far, with an average unit price of 7.85 yuan/kg. After conversion, the gross income is 2292.2 yuan/mu. After excluding various expenses and adding With the target price subsidy, the net income will be around 650 yuan/mu. The cotton farmer said: “It is better than planting anything. This year we plan to add several hundred acres more. This year’s sowing will pay more attention to seed selection and seasonal control, and strive to achieve a higher level of yield and quality in 2017.” It is understood that in Aksu, Xinjiang in 2016 The planting area of long-staple cotton in other regions reached a high of 2 million acres, and the total output exceeded the 200,000 tons mark, a high in recent years.
Unlike cotton farmers preparing for spring sowing, the current spot sales of long-staple cotton have not seen a significant improvement. As of the 21st, the price of grade 137 long-staple cotton in the Aksu region of Xinjiang is 21,000 yuan/ton, and grade 237 is 20,300-20,400 yuan/ton. On the one hand, the price difference of long-staple cotton continues to narrow. On the other hand, recent inquiries and inspections of mainland cotton There are only a few textile companies and traders, and the market is deserted.
With the recent decrease in truck transportation costs, we have begun to speed up the relocation of long-staple cotton. On the 21st, a person in charge of a company in Shaya said that the current cost of truck transportation from Shaya to Dezhou, Shandong is 860 yuan/ton, which is about 100 yuan/ton lower than before and after the Spring Festival, which provides advantageous conditions for Xinjiang long-staple cotton to export from Xinjiang. .
Sales of long-staple cotton in the Mainland are in good order. According to some cotton merchants in Shandong, Jiangsu and other places, the current factory price of grade 137 long-staple cotton is 21,600-21,700 yuan/ton, and the price of grade 237 is 21,000 yuan/ton. Excluding shipping costs, companies basically make no profit. However, after the Spring Festival this year, the fabric industry picked up and orders maintained steady growth. Manufacturers were able to operate at full capacity and long-staple cotton was purchased as needed, especially high-quality long-staple cotton.
Recently, the transaction price of cotton reserves has stabilized, and the market direction is clear. In addition, the target price policy has been introduced. The target price from 2017 to 2019 still remains at 18,600 yuan/ton, giving the market direction. According to market analysis, long-staple cotton may run smoothly this year, and the possibility of sharp rises and falls is small. It is recommended that all enterprises proceed steadily and avoid making rash advances.
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