Zheng Cotton Is Still Weak In Fundamentals, And The Market Demand For Cotton In Southern Xinjiang Is Expanding.

According to the relevant leaders of Bazhou Agriculture Bureau, the area of cotton planting in Bazhou is about 3 million 380 thousand mu this year, an increase of 140 thousand mu compared with the same period last year, an increase of 4.1%.

Although the machine harvested cotton area is 1 million mu, the actual machine harvest area is only 50 thousand mu.

Due to various reasons such as machinery, land structure, farmers and so on, it is still difficult for Bazhou to popularize the machine picked cotton planting mode.

Pakistan: current

The new flower sowing has been completed in the traditional cotton area, and the sowing stage is in the late stage.

The weather is good to promote the stable growth of new flowers.

A small amount of seed cotton is listed, which is affected by the current stock pressure. Cotton prices remain high, but farmers and cotton enterprises have a strong desire to sell.

Output is expected to increase this year. The number of listed companies has increased since the beginning of July. Cotton farmers and cotton companies are worried about falling cotton prices, and their willingness to ship is strong.

India: Although the monsoon is running behind, it is expected to run normally and encourage cotton planting enthusiasm.

The current growth rate in the northern region is significantly higher than that in the same period last year.

According to statistics from the Ministry of agriculture of India, as of June 9th, 1 million 406 thousand and 400 hectares of cotton had been planted in India, an increase of 40% over the same period last year, including 630 thousand in the group of 630 thousand, 382 thousand in Punjab and 253 thousand in Rajasthan.

Two days before this week

The volume of listings dropped sharply to see the latest listing of Xinjiang cotton in the late week.

The supply of cotton is relatively large this year, and the supply of commercial stocks, reserve cotton and imported cotton to the market is much higher. According to the survey data of the China Cotton Association logistics branch, as of the end of May, there were still 1 million 520 thousand tons of cotton business inventories in the whole country.

Due to the low price of Zheng cotton in the past few years, the price of warehouse receipts cotton was high, the warehouse receipts accelerated to the market, while the spot cotton was lower than expected, but the rate was not large. Therefore, the textile enterprises were active in purchasing the warehouse receipts with relatively high cost performance, but low interest in spot cotton.

Downstream consumption side, the arrival of the off-season market, yarn sales basically maintained, the downstream textile mill procurement is not active, most enterprises maintain the habit of buying and buying.

Overall, the supply of cotton resources is still more, the warehouse receipt is still at a high level, and the downstream consumption into the weak season, the basic face of Zheng cotton is still weak, it is proposed to build a warehouse empty list, low altitude, rolling operation.

Yesterday and today, the price of Zheng cotton plummeted for two consecutive days, and the attraction of the single warehouse cotton increased. In the short term, the callback might not be ruled out.

Xinjiang has become the main cotton producing area with high quality in China. Xinjiang cotton occupies a leading position both in quantity and quality in the whole country, in 2017.

The area of cotton planting has been basically determined. Cotton growth and weather factors have become the focus of attention of cotton enterprises. In order to help enterprises do first-hand research, the actual cotton planting area, the current cotton seedling growth, the cost benefit of cotton planting, and the operation of local textile enterprises are investigated.

At present, the total area has increased. In 2017, the total planting area in Bazhou was 3 million 388 thousand and 400 mu, an increase of 140 thousand mu compared with last year, an increase of 4.3%.

The sowing time of the two divisions of agriculture was around March 25th, and planned to grow 550 thousand mu, which was flat with last year. All of them were machine picked cotton, and the excellent cotton seeds were selected to enhance the ability of cotton to concentrate on wadding and disease resistance. The cotton in 2016/2017 was sold in mid April, and the selling price was 15500-16000 yuan / ton, when the market price was 15300 yuan / ton.

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