According to the cotton traders in Hebei, Shandong, and Henan, the phenomenon of “polarization†in the sale of land banks in Xinjiang in 2016/17 has been increasingly evident since mid-April. The first is “Double 28, Double 29, Double 30,†The inquiry and shipping situation of the hand-picking cotton and machine-made cotton of the Double 31′′ is obviously better than that of the low-quality and low-grade Xinjiang cotton, especially the parts of Bachu, Jiashi and Maige mentioning some of the Aksu region’s hand picking cotton. Due to the horse value of C2, the fracture ratio is lower than 27CN and is not concerned by textile companies in the Mainland; secondly, although the machine-recovery cotton in the north of Kuytun, Shawan, Shihezi, etc., recovers, the impurity content is higher than that of Nanjiang hand picking cotton. However, since the fiber length is generally "29mm and above", the horse value is mostly B2 or A, and the rupture ratio is 28CN or more, the inquiry and shipment are better than hand picking cotton and low quality lint. In the industry analysis, due to the outstanding “robbing†phenomenon of Xinjiang cotton and hand-picking cotton and low-quality new cotton in the reserve in 2017, together with textile companies generally believe that the supply of Xinjiang cotton in the reserve bank in 2011-2013 is sufficient and can be used with purchase. The worse the quality of new cotton, the lower the price is not easy to sell.
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It is understood that since mid-April, the phenomenon of selling ginseng plants in Xinjiang has become more and more serious. Although some cotton enterprises have not suffered losses from the processing and sale of lint, cottonseeds are likely to have “failedâ€. On the one hand, the price of domestic cotton by-products has remained sluggish since the Spring Festival. A large part of Xinjiang's short cashmere mills and crushing plants have not started production, and cotton reluctant sellers have been reluctant to sell; on the other hand, as temperatures rise in April, cottonseed stockpiles Difficulties increase. Some cotton planters in northern Xinjiang have mildew and deterioration of cottonseeds. They can only handle it at low prices, and their losses increase. A large cotton enterprise in Kuitun sold 5,000 tons of mildewed cottonseed in recent days. Although the quotation has been significantly lower than the current market price, the oil mill and the lint mill should be disappointed. Due to the “contract†of US dollar reserves, expectations of rate hike policies, and unsatisfactory performance of US economic data in the first quarter, crude oil and black products are more difficult to rebound. Oil mills are very cautious about buying cottonseed. From the point of view of time, from April to July, it is not the peak season for oil extraction. Except for the acquisition and processing of some big plants all the year round, most of the small oil plants inside and outside Xinjiang have been shut down for maintenance, and the cottonseed purchase entity is insufficient.
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