- Contact：Mr. Ling
- Phone：0086-13306288876
- Tell：0086-0513-84600126
- E-mail：lzj550711411@163.com
- Address：Jiangsu nantong rudong Yuan Dadao Yuan Zhuang town
Since August, Zheng cotton's main contract has continued to fall, and the domestic basis sales offer has also been lowered by 1,000-1200 yuan / ton. Some cotton-related enterprises that have not been hedged or have a low hedge ratio continue to expand their losses, and the market pessimism spread. Some cotton enterprises with low inventory and high cash flow pressure have seized the shipment clearance, and some large and medium-sized cotton traders have joined the ranks of price reduction shipments. Some institutions and textile enterprises said that unlike the slow-moving rhythm of the spot in April-May, the spot rate in August was significantly reduced and the rate was large.
Some of the supervision warehouses in Xinjiang reflected that the amount of lint out of Xinjiang was not large, especially in the context of rising freight rates, falling cotton prices, sluggish consumption, and civilian cotton enterprises (including cotton wool) in the 2019/20 new cotton market. It is more difficult to pick up.
However, the author believes that the sales progress of Xinjiang cotton in August has obviously accelerated (the proportion of unsigned shipments increased), which is reflected in the following three points:
First, the sales of cotton squadrons of the Corps increased sharply. It is understood that in August, several large and medium-sized cotton textile mills, traders and corps negotiated to purchase 2018/19 lint, and the corps also followed Zheng cotton to adjust cotton quotations, and the payment and delivery locations were more flexible. Cotton speeds up shipments.
Second, the Xinjiang cotton base in Xinjiang has a relatively large number of transactions and delivery. Affected by the price of CF1909 contract fell below the 12,000 yuan / ton integer mark, the warehouse price advantage is obvious, the enthusiasm of cotton companies directly receiving warehouse receipts;
Third, the attractiveness of hand picking cotton and machine cotton picking in some ginning factories in southern Xinjiang continued to increase. Due to the acquisition cost, lint quality and transportation conditions, Nanjiang ginning factory before July had “slow shipment, high capital pressure and high anti-falling sentiment”, but with the escalation of Sino-US trade war, the market situation gradually became clear, which means cotton enterprises. I am willing to gamble and lose money.
The polypropylene BCF yarns produced by Nantong Linjia Fiber Products Co., Ltd. are mainly used for: polypropylene BCF yarn for carpet, polypropylene BCF yarn for decorative cloth, polypropylene BCF yarn for curtain fabric, and polypropylene BCF yarn for sanitary ware.