The Future Trend Of Cotton Price Is Unclear.
Since the launch of new cotton in 2018, there has been no unilateral trend in the cotton market period and the current price. It has long been shown that the small box oscillation mode is difficult to solve.
Such heavy news as the result of Sino US trade negotiations does not seem to be able to distinguish the two sides of the industry.
Indeed, in today's information age, public numbers, media and news are flying everywhere. Huge amounts of information often cause everyone to look left and right, and feel at a loss. Therefore, such information requires market participants to use critical thinking to deal with them. At the same time, we need to go deep into the production line to find out the rules and eliminate the false and retain the truth.
Let's take a look at the following information and viewpoints:
The outcome of Sino US trade negotiations is undoubtedly the most concerned issue in the market since the year of cotton. From the time of negotiation and the press release after the talks, we can see that the negotiations have made important progress and differences. But consensus is greater than divergence is the general trend and the two benefits. It is also the common expectation of the two peoples, believing that it will eventually develop in the right direction, and the market should have more influence.
According to the domestic demand situation of the major cotton production, according to the March forecast of production and demand released by the US Department of agriculture, the global cotton output and ending inventory increased a little year by year, and import and export decreased slightly, and the market influence was neutral.
Xinjiang cotton quotation is relatively stable. The 3128 class water and low hybrid cotton platform Xinjiang platform weighs 15500-15600 yuan / ton, and the price of hand picking cotton wool is quoted at 15900-16100 yuan / ton.
In order to alleviate the pressure of capital, some enterprises often introduce quality indicators such as general special cotton promotion.
The price of India cotton and Brazil cotton imported in recent years has certain advantages and are more popular in the market.
As of March 11th, cotton processing capacity in Xinjiang's main producing area has reached 5 million 110 thousand tons, compared with the same period last year.
The processing enterprises are waiting for the appropriate hedging opportunities. The pressure of zhengmian warehouse receipt is still large, and the market impact is empty.
To sum up, at present, the market does not appear to be a problem, but it is also very uncomfortable.
The market situation is changing at any time. The state's tax reduction and fee reduction are good. The prescription of the real enterprise has already been opened.
The world is originally contradictory and unified. If there are ups and downs, who can really divide it?
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