Why Do We Rush To Sell Cotton? High Priced Cotton Can Not Extricate Itself From Prison.

According to investigation, at present, most enterprises have no plan to purchase raw materials in large quantities, and some large textile enterprises and traders openly say that they have begun to raise funds and prepare warehouses for auction cotton reserves.

Xinjiang, Akesu, Kashi, Korla and other southern Xinjiang three major cotton market is still dominated by cotton, festive atmosphere is lighter.

"Now everyone is eager to sell cotton.

I don't care much about it. "

On the 10 day, a person in charge of a cotton enterprise in Akesu said that the pick-up price of 3128/3129 pick-up platform in southern Xinjiang was 15800-15900 yuan / ton (gross weight and ticket), unchanged from yesterday.

It is understood that in recent days, Xinjiang cotton showed a steady trend, but the sales of factories were slightly dull.

Northern Xinjiang's "double 29" and "double 30" hand picked cotton platform pick-up price is 16000-16300 yuan / ton, up 100 yuan / ton compared with yesterday, and manufacturers have a strong mentality to inventory.

Why are we eager to sell cotton? According to the enterprises and traders, there are three specific reasons:

First, the bank recharges loans, and the repayment pressure of enterprises is greater.

It is understood that before the Spring Festival, many enterprises have returned some of the bank loans, but far from meeting the repayment requirements of banks.

After the end of the Spring Festival holiday, the bank's main task is to continue to urge cotton enterprises to step up the sale of cotton and return loans.

Second, it is not clear for the future market.

As a market person has said, "the future is uncertain. Only when we have grasped the present is the real truth."

Under such psychological conditions, most of the ginning mills, traders, dealers and so on are mainly sold out, and some manufacturers even say, "as long as the downstream cash settlement, the paction price is 100-200 yuan / ton can also be discussed".

Third, Zheng cotton was stagnant and the volume was reduced.

Recently,

Futures fluctuate in the narrow range of 15500-16000 yuan / ton.

Today, the long profits are leaving, and the idle funds are hovering in fear. As the "wind vane" and "barometer", the electronic disk has cast a shadow over the whole market.

According to a person in charge of a package factory in Xinjiang, as of now, Xinjiang cotton sales progress is at 70%-90%, especially sales progress of corps cotton is relatively fast, while local enterprises sales progress slightly slowed down, business pressure is bigger.

It is widely feared that spot sales of cotton will be hit after the start of March.

To sum up, cotton enterprises,

At present, it is difficult to continue to support high cotton prices. The surge in cotton prices is gradually fading away, and risks are coming towards us.

During the annual holiday period, the cotton prices were rising due to the rising momentum of cotton futures, but the market's trend towards cotton prices in the future is still uncertain and wait-and-see sentiment remains strong.

Last year, the overall preference of the enterprises was widespread. The factory started earlier than before. The cotton price quotations increased by 200-300 yuan / ton after the festival, which played a supporting role in the raw material market.

Years later, the textile industry started earlier, and the opening of red cotton has great driving effect on the market. At the same time, due to the fact that Xinjiang cotton has not been fully pported to the mainland, the current supply of cotton market in the mainland is slightly inadequate, resulting in a slight increase in cotton prices.

But with the anticipation of the reserve cotton production and the change in the Cotton Subsidy Policy of the new year, it is estimated that the supply of cotton will be relatively stable in the next 17 years, and there is no major breakthrough in spot prices.

Overall, the cotton market is stable and is expected to stabilize the cotton market next week.

For more information, please pay attention to the world clothing shoes and hats net report.