As of December 18, more than 50% of the cotton enterprises in Aksu, Korla, Xinjiang, etc., have finished their processing work, and some companies have published all the data on lint public inspections. The weather forecast shows that snow will appear in southern Xinjiang on the 18th to the 24th, and the acquisition and processing of cotton enterprises will be postponed.
On December 17-18, the transaction prices of Xinjiang Class 3 cotton for public inspection in Shandong, Henan and Jiangsu warehouses ranged from RMB 20,700 to RMB 21,000/tonne (gross), some of which did not correspond to deposit conditions, had a high regain rate, or had a horse value of C2. The price of lint, which is slightly larger, is around RMB 20,200/tonne. Some small and medium-sized textile companies have the intention to make up the stock, but the number of purchased single batches is only half a car or one car; the three grades of cotton lint from Aksu, Korla and Kashgar are quoted at 20000-20300 yuan / ton (platform delivery), compared with early December rose 200-300 yuan / ton, cotton companies are not willing to sell, most choose to pay for storage.
According to the report from the Xinjiang Reserve Bank and Forwarders, in mid-December, the State Reserve’s cotton shipments started, plus a certain amount of wagons needed for the transportation of chemicals, energy, and Alashankou’s imports. Urumqi, Shihezi, Kuitun and other places in northern Xinjiang2 The number of wagons that can be transported by commodity-grade cotton at the platform is greatly reduced. Urumqi North Railway Station has not even been scheduled to report wagons for more than 10 days. Some non-national reservoirs and generations of reservoirs in southern Xinjiang can only guarantee the transport of 10 wagons per day. Commodity cotton.
On December 17-18, the transaction prices of Xinjiang Class 3 cotton for public inspection in Shandong, Henan and Jiangsu warehouses ranged from RMB 20,700 to RMB 21,000/tonne (gross), some of which did not correspond to deposit conditions, had a high regain rate, or had a horse value of C2. The price of lint, which is slightly larger, is around RMB 20,200/tonne. Some small and medium-sized textile companies have the intention to make up the stock, but the number of purchased single batches is only half a car or one car; the three grades of cotton lint from Aksu, Korla and Kashgar are quoted at 20000-20300 yuan / ton (platform delivery), compared with early December rose 200-300 yuan / ton, cotton companies are not willing to sell, most choose to pay for storage.
According to the report from the Xinjiang Reserve Bank and Forwarders, in mid-December, the State Reserve’s cotton shipments started, plus a certain amount of wagons needed for the transportation of chemicals, energy, and Alashankou’s imports. Urumqi, Shihezi, Kuitun and other places in northern Xinjiang2 The number of wagons that can be transported by commodity-grade cotton at the platform is greatly reduced. Urumqi North Railway Station has not even been scheduled to report wagons for more than 10 days. Some non-national reservoirs and generations of reservoirs in southern Xinjiang can only guarantee the transport of 10 wagons per day. Commodity cotton.
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