Chinese Spring Festival just passed, NianWei is strong, cotton procurement processing enterprises and textile still immersed in a festival atmosphere, cotton prices are eager hot up again, has soared, return to the previous high, and even innovation high. Hubei cotton association through cotton warning system survey that we understand the province market situation.

A price rise alternately, term now, several joy several sorrow.

ICE period cotton market on February 14th decline continued to rise, once reach maximum price 215.25 cents per lb; American cotton quotation with ICE period cotton trends continue rising convergence, posture, 18 daily price 230 cents above (SM level 4-5 months shipment); The cotton aspects, feb. 18 CotlookA index 233.5 cents per lb, convert slippery prospective tax RMB for 39169 yuan/ton. Zheng cotton quilt move followed ICE period in prophase rose, rose after a breakthrough, continuous to go tall, CF1109 price of 34870 yuan/ton, best price as the 32850 yuan/ton, globe Friday closing price as the 33455 yuan/ton, Spot is also a remarkable run, China cotton 328 price index ending February 18 has to 30251 yuan/ton. Cotton prices comprehensive rise, cotton entrepolis profit space increases, but some of the cotton procurement factory and did not show a joyful, original respectively in these enterprises 29500 yuan/ton, TaoBao around to implement the futures now futures prices to thirty-three thousand yuan/ton per ton now show about losses about 3,500 yuan/ton, current spot price rise is also the end can offset futures losses.

Second, cotton ten-thousand-enterprise trendency raised offer, FangQi calm sales observation carefully purchasing.

According to the warning system information points reflect, seizing the electronic dish prices, cotton enterprises have adjusted the local cotton on-hand selling price, xiangyang, public security, public inspection huanggang etc grade 4 cotton quotation 31,000 yuan/ton, but this price of textile enterprises very cautious, accept, the actual transaction less inquiry. According to ZaoYang a takeover processing factory introduces, textile enterprises within the price of $30,000 30300 - accept smooth, 30500 yuan/ton price bought more than this level, tentative basic is not acceptable. Thus, the market for cotton enterprise offer whether to endorse, still wait for over time further observation.

Third, facing the high MianJia, textile enterprises has now demanding.

MianJia rise, and drive the sash therewithal, staple fiber raw material prices about 20%, textile followed increased yarn of some kinds of price quotation, can accept downstream, but some kinds of downstream pressure already feeling price to accept.

In addition, labor shortages and rising labor costs become current troubled textile enterprises another great alterations. Xiangyang a large textile enterprise controller introduces, now hire difficult, recruit young workers more difficult, this factory is about 10-20% accepting gap, enterprise though many times to reset to higher salaries and adopt various preferential policies, also could not keep some employees; Wuhan a textile mill for the spinning new equipment, degree of mechanization, labor demand is not big, improve by accepting notched impact is not big, but the current employment structure of liquidity, optional also let this enterprise has concern, are actively trying to stable staff.

Four, market seed cotton stock exiguous, minority cotton ten-thousand-enterprise post-festival sporadic takeover.

The seed cotton purchase basically end, part MianFan, cotton seed cotton to still have part. MianFan store cotton partial Surveyed enterprise, there are only two enterprises after conducting acquisitions, most businesses don't intend to purchase and concentrate on processing and sales, a few enterprises going to the Lantern Festival KaiCheng again after purchase. The current development of enterprise purchase quantity several basic maintain every seed cotton bales jack, subject for 4-5 levels, grade 4 seed cotton bid 5.7-5.8 yuan/jins, level 5 seed cotton 5.4-5.5 yuan/jins.

Five, the pain of cotton quality exactly hurt?

The survey found that XinJiangMian than local cotton sell well and popular, some enterprise XinJiangMian sales have accounted for almost half volume, whereas local cotton is less than 30%, understand the reason: it is because years ago price is not ideal price rised to another very common reason is high, the mainland cotton moisture this year, consistency super-peer impurities quality problems, textile unwilling to use.

Xiaogan a responsible person of the enterprise exclamation this year cotton quality problem sales profit constraints become an obstacle, watching rise successively futures price, but because the unqualified rejected, is very sorry, Due to the large, processing slow speed of water, causing some originally good seed cotton are piled together in a fever metamorphism, after processing reduced staple, undoubtedly reduced profits. According to understand, some MianFan backlog hand seed cotton also mostly because of poor quality, the high cost and can't get rid of it, HanChuan a MianFan back in a frantic rush, they watched former "sweet fair became" hot potato, "repent unceasingly. Can see from this, cotton quality problem not only hurt downstream textile industry, but also damage the cotton purchase, processing link to the operator.

Sixth, the prevailing market.

A viewpoint that the current price is empty tall, have hype factors, especially American cotton for the second half MianJia preparing high current market situation contains some risk, Another argument is MianJia though after previous rounds of suppression and adjustment, but still strong, not only belongs to hype, the main or supported by the fundamentals, the current price is reasonable, such as rises again will test textile threshold and downstream link conduction ability.

Source "of Chinese textile net"

Editor: lara