Textile companies rush to buy Xinjiang cotton cotton boosted

Just two months after the listing of New Cotton, the concerns of textile companies gradually surfaced. Recently, according to reports from some manufacturers in Shandong and Henan, there are mainly the following three aspects:

When the green and the yellow are not connected, how can we handle the shortage of raw materials? It is understood that because most of the textile companies are under tight funding and there are reserves of cotton as a backer, we are not worried about "no rice pot." Since the March 6 turn, the price of cotton has been falling. In order to reduce the risk, the inventory of raw materials for most textile companies remains low.

Near the end of the year, low inventory status has brought trouble to textile companies. According to the relevant arrangements made by the National Development and Reform Commission and the Ministry of Finance of the People's Republic of China, No. 9 of 2016, the cut-off time for sales of reserve cotton in 2017 is tentatively scheduled to be at the end of August. From September 1st to early October, Xinmian had not yet been listed in large quantities, and there was a period of gap in the supply of cotton. Enterprises were concerned that the cotton price rose during this time and no cotton was available.

Raw materials rose sharply. Will textile costs appear to be hanging upside down? According to a person in charge of a textile company in Shandong, the current cost of carding 32S is around RMB 21800/ton while the selling price is only around RMB 22,000/ton, and the company’s profit is only around RMB 200/ton. However, the prices of polyester staple fiber and viscose staple fiber have soared recently. On the 19th, the price of 1.4D direct spinning polyester staple fiber in Shandong was 8,200-8,300 yuan/ton, and the higher price was 8,600 yuan/ton in the vicinity, which was 500-600 yuan/ton higher than that of last week's 7600-7700 yuan/ton. The price of 1.5D*38mm viscose staple fiber in Bengbu Lu was between RMB15,700 and RMB16,100/ton, which was RMB500/ton higher than last week.

The other raw materials of yarns are soaring. Textile companies are worried that if cotton rises with the trend, will textile costs be inverted?

Will the situation of high quality cotton not be sufficient in the new year? A person in charge of a textile company stated that although domestic cotton planting area increased by about 10% in 2017, due to the impact of climate, the growth of cotton was poor, and the quality was greatly affected, and the yield may decline. Therefore, the market is worried about whether new-year high quality cotton will not be enough.

Recently, the reserve cotton stocks in Xinjiang were around 10,000 tons/day, and the turnover rate was almost 100%, and the general price increase was over RMB 1,000/ton. According to industry figures, the number of surplus cotton stocks in Xinjiang will be reduced. When the next round is re-circulated, whether the auction for Xinjiang cotton stocks will become more serious.

In summary, the three major concerns of textile companies are not groundless. It is understood that many textile companies have recently snapped up Xinjiang cotton, and some real estate cotton has also been boosted. In addition, Zheng cotton borrowed and rebounded yesterday, CF1709 closed at 15,505 yuan / ton, completely out of embarrassment. Therefore, it is expected that this year's old and new cotton will be joined at high prices.

Want to know more about the classification of cashmere sweaters, cashmere sweater suppliers, cashmere sweater manufacturers, and cashmere sweaters: accessible

Pay attention to WeChat public number "Cashmere sweater industry platform" to learn more about cashmere sweater information