Hengshui, Hebei: The Market Looks Forward To A Reduction In The Price Of Cotton Producers.

The reserve cotton liner is coming soon. The cotton market in Hengshui city of Hebei province is full of expectations for the round of cotton reserves. Low end spot sales quotas continue to fall, and volume is shrinking.

Judging from the situation of 2018, the decline of fiber length, micron number and breaking strength of cotton in addition to the decrease of color level index is limited. Xinjiang cotton is more spinnable, especially suitable for spinning low count yarn and processing low-end cloth and towels.

At the same time, the sale of cotton reserves is more advantageous than that of the same quality indicators, so the sale of cotton reserves is very popular.

In view of this, the small and medium-sized textile enterprises located in the locality and surrounding areas located in low-end yarns and cloth products have indicated that they should shift the focus of the purchase in the latter part of the year to the auction of cotton reserves. At present, they are ready to do all the preparatory work for the auction, raise funds, and at the same time contact with local cotton merchants who have strong financial strength.

The local cotton merchants are more aware of the cost performance of the reserve cotton, and are ready to rush into the market. According to market forecasts, the cotton price in the current year is about 14000 yuan / ton, and cotton traders take into account the low-end spot that has not yet been sold, especially the real estate cotton this year, which is not good enough to sell. Therefore, the spot quotation in hand has been reduced by 500 yuan / ton.

At the same time, we will gradually reduce the sale price of low end stocks of 1228, 2227 and light yellow cotton below, so as to achieve the purpose of promotion and withdrawal of funds.

In April 29th, the local cotton merchant cotton white cotton 3128C2 sale price quoted 15700 yuan / ton (public settlement, delivery price, take the ticket, the same below), the price of Xinjiang hand picked cotton is higher than the real estate cotton price 300-450 yuan / ton, and the same index is higher than the real estate cotton 200-300 yuan / ton, which is stable compared with the same period last week; the white cotton 4128C2 quoted price 14900 yuan / ton, the spot cotton 1228C2 quoted price 15000 yuan / ton, compared with the same period last week dropped 100 yuan / ton; the spot cotton 2227C2 quoted price 14400-14500 yuan / ton, compared with the same period last week dropped 150 yuan / ton; the rest index light spot cotton and the light yellow dye cotton also increased the low price 150-200 yuan / ton on the basis of their last week.

At present, local textile enterprises concentrate on reserve cotton auction and have closed down the low-end spot procurement channel. Unless the order is used urgently and the turnover is close to zero, the cotton merchants' time limited promotion means did not achieve the desired effect.