Cotton Prices In The Yellow River River Basin Keep On Rising.

In mid November, the cold cotton city came to a positive voice. After understanding, the good situation of the Yellow River River Basin cotton market is mainly manifested in the following aspects:

First, seed cotton prices rose steadily. Recently, the price of seed cotton has risen slightly in parts of Shandong and Hebei. In November 12th, the purchase price range of seed cotton in a 400 type ginning factory in Dezhou, Shandong was 2.95-3.10 yuan / jin (42% of lint, 12% of water), which rose 0.05 yuan / Jin compared with the previous week. Similarly, the price of seed cotton in Hebei Cangzhou also rose slightly. On that day, the highest price of seed cotton in Hejian City was 3.12 yuan / Jin, up 0.02 yuan / Jin yesterday.

The two is that Xinjiang's "boom" has come and businesses are jumping up and down. Since this week, Xinjiang seed cotton rose more obvious. On the 12 day, the purchase price of seed cotton in Akesu, Korla and other places in the southern Xinjiang was 6.3-6.5 yuan / kg, up 0.1 yuan / kg compared with the previous week. Some manufacturers in Xinjiang have also raised the price of lint. The price of the "double 29" hand picked cotton factory in Akesu is 13700 yuan / ton, up 200 yuan / ton compared with the previous week. According to feedback from traders, since November, Xinjiang cotton has been out of Xinjiang, especially in high-quality cotton resources. Many enterprises are worried about the supply of high-quality cotton resources in the mainland market. Therefore, some enterprises have begun to make preparations for rainy days ahead of schedule.

Three is cottonseed prices continue to rise. In recent years, cottonseed has been greatly increased, and the Yellow River basin is an important area for cottonseed oil extraction. As of 12 days, the main purchase price of cotton seed in Shandong Wucheng was 1.13-1.17 yuan / jin (moisture 13-15%, oil 11.5-13%), up 0.02-0.03 yuan / Jin compared with the previous week. Henan's quality cotton seed price is 1.15 yuan / Jin, up 0.02 yuan / Jin, a small deal; Hebei new cotton seed purchase price in 1.13-1.15 yuan / Jin, up 0.01-0.03 yuan / Jin. The reason for the rise of cottonseed is that now that the price of poultry and livestock is rising, the demand for food products is rising.

Four, the yarn market is heating up. According to feedback from some mills in Hebei, Henan and Shandong, the operating rate of textile enterprises began to increase recently, and sales orders continued to warm up. At present, whether the small and micro textile enterprises or large and medium-sized textile enterprises are generally reflected, the sales market has improved, especially the purchasing intention of downstream enterprises continues to increase, and the price of enquiries has obviously improved. Some manufacturers have slightly increased their quotations for conventional yarns. On the 12 day, the price of combs 21S and 32S in a factory in Shandong was 19300 yuan / ton, 20500 yuan / ton, and the price rose 100 yuan / ton compared with yesterday.

When there is no big change at the macro level, supply and demand is the main factor determining the price trend. With the gradual warming of the market, the textile market has also increased the price, coupled with the support of textile orders to improve, the market is expected to rise from the downstream demand of upstream cotton prices may continue to rise.