Fabric Products,Fabric Information,Fabric Factories,Fabric Suppliers Fabric News Separated by a “city”, Xinjiang cotton is temporarily favored in the mainland

Separated by a “city”, Xinjiang cotton is temporarily favored in the mainland



Recently, the epidemic in Xinjiang has continued to ferment, and the transportation of Xinjiang cotton out of Xinjiang has been hindered. What will be the impact on the entire cotton market? With the adjustment…

Recently, the epidemic in Xinjiang has continued to ferment, and the transportation of Xinjiang cotton out of Xinjiang has been hindered. What will be the impact on the entire cotton market?

With the adjustment of the domestic cotton industry structure in recent years, the cotton planting area in the mainland has been decreasing year by year, and the proportion of Xinjiang cotton has gradually increased. The current cotton planting subsidies and export subsidies implemented in Xinjiang, as well as the natural conditions for planting, make the quality of cotton higher than that of mainland cotton, all of which highlight the industrial advantages of Xinjiang cotton. With the improvement of local mechanization, the entire cotton production has shown a development trend of increasing the proportion of large-scale planting, reducing planting costs, and increasing the level of intensification. At present, Xinjiang cotton production accounts for about 85% of domestic cotton production, while the Yangtze River and Yellow River basins have shrunk to 15%, which also reflects the dominant position and importance of Xinjiang cotton.

Cotton processing in Xinjiang has certain particularities. It is basically concentrated on the new cotton after it comes on the market, concentrated between October and December. Some companies with large resource acquisitions will process until January. Manufacturers sell the lint to public inspection and transfer it to intermediary traders, or make warehouse receipts and store it in delivery warehouses. Only a few companies will reserve resources to sell it themselves. Therefore, after processing, part of the Xinjiang cotton is stored in Xinjiang warehouses, and part of it is stored in inland warehouses. Xinjiang cotton exports are basically in a state of year-round operation.

Starting from July 15, new coronavirus cases appeared in Xinjiang, and then the number of infections increased. As of 9:00 on the 31st, there were 523 confirmed cases, with 109 new cases per day. Looking at the areas affected by the epidemic, the situation in Urumqi is slightly more serious, followed by Kashgar and Changji. As a result, Urumqi’s prevention and control measures have been tightened, and cotton warehouse shipments in other areas of Xinjiang have been less affected. However, due to the need for about 14 days of quarantine after leaving and entering Xinjiang, the overall speed of cotton leaving Xinjiang has also slowed down.

Under this situation, mainland enterprises that process Xinjiang cotton can only purchase from inland warehouses, which has led to an improvement in the Xinjiang cotton transactions in underground warehouses this week. However, cotton produced in the mainland and imported from ports are not equally favored. In terms of real estate cotton, due to the impact of the dumping of reserve cotton, some low-end market demand has been squeezed out. In terms of imported cotton, due to the proportion of cotton allocation, it cannot drive imported cotton without improving demand from cotton-using enterprises. Increased travel volume. Therefore, only the performance of Xinjiang cotton in mainland warehouses is improving, and a partial improvement cannot reverse the entire depressed situation.

According to Longzhong Information, the new season cotton growth in Xinjiang has entered the middle and late stages, cotton field work has decreased, and the epidemic has little impact on field work. Cotton fields in some areas are gradually beginning to bear peaches. According to feedback from cotton farmers, drip irrigation and pest and disease prevention are currently in place. New cotton is growing well in most areas of Xinjiang, with only some areas in southern Xinjiang experiencing drought problems. In the future, we still need to pay attention to whether there is any bad weather and its impact on new cotton production. It is still more than a month and a half before the new cotton is launched, and the epidemic prevention work in Xinjiang is strict. The epidemic may not continue to grow. It is expected to have little impact on the production of new cotton after it is launched in the future. We will continue to pay attention.

Overall, although the export of Xinjiang cotton has slowed down and the Xinjiang cotton market in mainland China has become popular, it still cannot withstand the drag of sluggish downstream demand. Orders from downstream yarn companies are still not ideal in August, and the phenomenon of companies accumulating inventory and reducing burdens is still obvious. Therefore, even if the supply of cotton from Xinjiang is temporarily tight, it is still difficult to drive the entire cotton market for the better, and the market may still maintain range fluctuations. trend. </p

This article is from the Internet, does not represent Composite Fabric,bonded Fabric,Lamination Fabric position, reproduced please specify the source.https://www.tradetextile.com/archives/34374

Author: clsrich

 
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