The Spot Price Will Fluctuate Around The Ex Warehouse Sales Price Of Reserve Cotton

Only 7 working days before the end of the ex warehouse sales of reserve cotton, the informant of Hubei Baiyin Cotton Industry investigated the cotton preparation situation and future views of some textile enterprises in Hubei Province. The results show that most enterprises have prepared or are about to prepare for the use of cotton in August and September. For the future market, most enterprises believe that the spot price will fluctuate around the ex warehouse sales price of reserve cotton, and the price may be stable as a whole.

According to the survey, at present, about 50% of enterprises in Hubei Province have prepared cotton stocks for two months, about 33% of enterprises have prepared enough cotton stocks, and about 17% of enterprises have neither stocks nor funds to prepare cotton stocks. 150000 Ding of Jingzhou spin The person in charge of the enterprise said that there is no cotton stock at present, and it will concentrate on storing 2-3 months of cotton in the next dumping and storage time. The enterprise's industrial chain involves printing and dyeing clothing In other fields, the source of funds is diversified and the turnover is good, so the cotton preparation problem is not serious.

Another person in charge of a 100000 spindle spinning enterprise said helplessly, "Due to the excessive number of yarns in the warehouse in the early stage, which occupied a large amount of funds, it is now in the off-season, the payment for goods is in arrears seriously, the funds are slowly withdrawn, and the enterprise is unable to prepare cotton, so the later use of cotton still adopts the method of" buy as you go ". As for the later use of cotton channels, the person in charge said, Some large textile enterprises have auctioned a lot of cotton. In addition to meeting their own needs, they just want to get more quotas. Later, they can turn over cotton to such enterprises, and the price should be relatively stable.

In the survey, the local textile enterprises all said that there was a weight loss phenomenon in the state-owned cotton storage, and the inspection indicators were quite different from the actual situation. An enterprise said that the inspection data clearly showed that the moisture regain rate was 8.0%, and the actual situation could reach 11.0%. The weight was not heavy but light. If the price is 18500 yuan/ton, the actual cost price of the enterprise is more than 18900 yuan/ton, and the textile enterprise will pay for the middle loss. In addition, a textile enterprise in Tianmen said that the difficulty of ex warehouse had become a commonplace problem, but it could not be solved all the time, so the enterprise could only express its frustration.