Hubei Jingzhou Cotton Seed Stabilized &Nbsp, Lint Still Fell

Recently, Jingzhou, Hubei Seed cotton market On Monday Fall Temporarily stable, but Lint price Is still falling, the current purchase price of seed cotton at 5.4-5.5 yuan / ton (lint 37%), the price is flat compared to April 12th, local has Buy The number of seed cotton accounts for more than 95% of the total output. At present, there are few cotton seed resources in the area. Unsalable The majority of local cotton enterprises closed and wait and see. The seed cotton purchase market is almost stagnant. Cotton grower Cotton has begun in the new year. Sow Work.

The local four class lint price is quoted at 27000 yuan / ton, the price is down 1000 yuan / ton compared with April 12th, and the turnover is light. At present, the cotton enterprises with larger lint stock have strong desire to ship, while the less stock enterprises are not in a hurry to ship, indicating that they wait for a period of time before the market improves and then sell. The cotton enterprises' mentality is generally pessimistic, while the textile enterprises are more nervous due to the pressure of yarn stock, the capital chain is more intense, and the strength of purchasing cotton is limited.

Recently, domestic cotton futures prices have dropped slightly, and the market mentality has improved. However, the willingness of shipments of cotton enterprises is not too high, and the actual lint turnover has not improved. At present, cotton enterprises' lint inventory is generally between 50-100 tons. According to the director of a local textile enterprise, because of the continuous decline of the cotton yarn market, the yarn sales have been greatly reduced. Many local textile enterprises have a serious lack of starting rate, and some smaller enterprises are beginning to stop watching. At present, the average daily shipment volume of most textile enterprises is less than 10 tons. In order to maintain production, the textile enterprises in the later stage still have the possibility of further reducing the quotation. The responsible person also said that although many textile enterprises in the early days had changed their spinning varieties and reduced the proportion of cotton used, the sales situation has not improved. With the increasing cotton yarn stock in textile mills, some small spinning enterprises have begun to stop production and stop production, and some larger enterprises have also changed from the original three shift system to two shifts. However, customs data show that in March 2011, China's textile exports increased significantly, and textile and garment exports increased to 16 billion 569 million US dollars, an increase of 58.66% compared to the same period, an increase of 50.57% over the same period last year. The strong textile export data will play a certain role in boosting the yarn and cotton market.