Cotton Market Continues To Hype New Flower Purchase Price Continues To Rise

Based on the rising price of cotton and the demand for just in October, the confidence of the cotton grey fabric market has increased, and the factory delivery has increased and production and marketing have improved.

But at the moment, new cotton prices are showing signs of adjustment, which will directly affect the confidence of downstream gauze Market.

It is expected that the smooth delivery of the weaving factory can be maintained until about the end of the month, but the market will not be able to go so strong in the coming time.

Late September

The price has gone up slightly, the author pointed out in the pretext that the basic price of all cotton grey cloth was on the basis of price increase. At that time, the price of the whole cotton grey fabric in October was slightly shifted upward and the overall stability was the main factor.

1, the shipment of the grey cloth was accelerated, and the price of pure cotton yarn continued to rise in October. After the festival, C32S and C40S rose by about 500 yuan / ton, compared with the total increase of 800-1000 yuan / ton before and after the Mid Autumn Festival.

Terminal customers accepted the price of this cotton yarn faster, and the hesitation and wait-and-see mentality in the early stage decreased. The time taken by customers to quote the next room was shortened from 7-8 days to 2-3 days.

2, the inventory decline of weaving mills accelerated with shipments, and the inventory of weaving mills decreased.

Some small and medium-sized factories in Anhui have been reduced to about a week from the first half of the Mid Autumn Festival. Some factories have been ordered to make orders for their customers, because of their orders.

A large and medium-sized factory office in Shandong can basically deliver goods every day, and the warehouse inventory is also booked.

3, some of the grey cloth and the production and sale of the weaving mill are improving.

Up to 0.2 yuan per meter, the actual turnover increased by 0.1 yuan / meter, and the majority of the varieties were cloths.

Although the price of grey cloth is not general inflation, the reaction rate is higher than expected.

To sum up the above performance, the main reason is that the market confidence is better under the bullish market, and the upstream and downstream are positive pmission.

The upper and lower reaches of the industrial chain generally recognize that the cost of cotton will be 1000 yuan / ton higher than that of 8/9 months after the launch of new cotton, so the cost pmission speed is faster than that of 6/7 months. The demand for terminal customers' stocking is stimulated, and orders for 11/12 months are released ahead of schedule to drive cotton cotton yarn shipments and increase demand for cotton. Therefore, the cotton market continues to hype new flower purchase prices continue to rise.

1 can the downstream continue to accept high prices though

Bullish, but the weaving factory to sell mostly, not hoarding cloth to rise, prudent operation is not lack of caution.

Moreover, some of the export oriented textile factories say that the price of cotton is more than 16000 yuan / ton, which is not conducive to the export orders, and the end customers have not yet done the same.

2 cotton prices have fallen by eleven. After the festival, the purchase price of seed cotton has risen, but the sale of lint cotton has not really started yet. It will take about 10 days to wait.

With the opening hours of new cotton approaching, many textile mills are worried about falling cotton prices.

At present, this worry has been fulfilled ahead of schedule.

The latest policy, for the phenomenon of high price rush to cotton, will be restricted by the agricultural development bank. The purchase price of seed cotton has dropped 0.2 yuan / kg today.

This will greatly suppress the market mindset of cotton yarn and cotton fabric.