Fabric Products,Fabric Information,Fabric Factories,Fabric Suppliers Fabric News At the end of new cotton processing, cotton companies adjust new ideas for selling cotton

At the end of new cotton processing, cotton companies adjust new ideas for selling cotton



As of December 1, a total of 3.737 million tons of cotton have been processed in Xinjiang, and the daily processing volume has dropped from 60,000 tons at the peak to about 50,000 tons. This is in line with the…

As of December 1, a total of 3.737 million tons of cotton have been processed in Xinjiang, and the daily processing volume has dropped from 60,000 tons at the peak to about 50,000 tons. This is in line with the estimated October output of 5.25 million tons released by the National Cotton Market Monitoring System. The gap in tons has gradually narrowed. According to research, some cotton companies in northern Xinjiang will complete processing in the first ten days of this month, and most companies in southern Xinjiang will also complete processing at the end of this month. As cotton processing enters the final stage, what will happen to the cotton sales of cotton companies?

This year’s cotton harvest time is earlier than last year, and the processing progress is also faster than last year. However, in addition to the difficulty in selling cotton due to low demand, poor quality and high cost of new cotton are also prominent problems that plague cotton companies. Judging from the current public inspection results, the length and strength of this year’s new cotton have declined, the horse value is on the high side, and the color grade is obviously poor, especially the cotton in northern Xinjiang has been significantly downgraded. Faced with the current problems, ginning companies also immediately adjusted their operating ideas in order to achieve the best returns.

In previous years, ginning companies in northern and southern Xinjiang would promptly resell processed lint cotton with registered warehouse receipts, or directly package and sell it to middlemen or textile companies. This year, most of the spot costs are at a premium to futures. Without enough order support, textile companies dare not let go of stockpiling, so the usual cotton sales plan has been difficult to implement. Therefore, some ginning companies first digest some low-cost resources in a timely manner to achieve the purpose of withdrawing funds and seeking stability. Secondly, high-cost and high-priced supply sources are reserved for storage or warehouse receipt registration. This is used to balance actual income and achieve the purpose of maximizing profits.

The decline in cotton quality this year may enhance the competitive advantage of high-quality cotton in the later period. Some high-index domestic cotton or imported cotton will become the targets of textile companies, but in the final analysis, all this will depend on the support of strong market demand. . Therefore, the recovery of cotton demand in the later period is still the key to the market getting out of the downturn. </p

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Author: clsrich

 
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