There is no shortage of cotton at the supply end, and the overseas quota is effective. At present, the price difference between domestic and foreign cotton is in a large position, and the possibility of importing from outside is very high, and the negative price of cotton continues to rise. Demand: Downward, the inventory of substitutes and finished products rose to a high level in recent six years. Coupled with the current overseas quota, cotton enterprises are resistant to the high price of new cotton. The pattern of extremely weak demand and imbalance between supply and demand is constantly changing. After that, if the seed cotton can't maintain the current price or doesn't rise, the top width is obvious, between 2 and 22.
: cotton market
1. From the time period, cotton may continue to rise until the beginning of January 222. From the perspective of spatial structure, the top of cotton may appear in 2675, which may increase by 4 points. If cotton goes out of the rising market, it will be beneficial to Xinsai shares.
2. There is still a big gap in the cotton market in China, the demand for cotton in the textile industry continues, and the subsidies for cotton farmers in Xinjiang are expected to continue. In 22, the opening price of seed cotton in bachu county, Kashgar will be in 6.1 yuan/kg, with the highest price rising to 8.6 yuan/kg, and then gradually falling back to the range of 6.4-6.6 yuan/kg. Therefore, in 221, the land contract fee has also increased, and the cost of farmers growing grain has also increased. Market analysts believe that cotton prices should not fall in 221, but will rise slightly.
3. China has made great achievements in epidemic prevention and control in COVID-19, with further recovery of production and business activities, continuous and steady improvement of textile production and sales, sufficient orders from enterprises, high operating rate, smooth sales of finished products and high yarn profits, which are rare in the past 1 years, and the demand for cotton continues to be strong. It is reported that cotton is the field cash crop with the longest industrial chain in China's planting industry, and the commodity rate is above 95%, but there are still many shortcomings in the cotton industry. Forty years ago, the output of an agricultural product in one province of China only accounted for 2.5% of the national total, but now it accounts for 2% of the global output, which is close to that of India, the second largest producer, and 2% higher than that of the United States, the third largest producer. This province is Xinjiang Autonomous Region, and this product is cotton. As the largest cotton consumer and the second largest cotton producer in the world, Xinjiang has always been the main cotton producer in China. Xinjiang's cotton production is 5.2 million tons, accounting for 87% of domestic production and 67% of domestic consumption.
4. Cotton is one of the most important crops in the world, with large output and low production cost, which makes cotton products cheaper. Cotton fiber can be made into all kinds of fabrics, from light and transparent barrier yarn to thick canvas and velveteen, which is suitable for making all kinds of clothing, furniture cloth and industrial cloth. Cotton fabric is durable and can be washed and ironed at high temperature. Cotton fabric absorbs moisture quickly and is comfortable to wear. If you need to keep warm, you can nap the surface of the fabric through napping finishing. Through other finishing processes, cotton fabric can also be antifouling, waterproof and mildew-proof; Improve the wrinkle resistance of the fabric, so that the cotton fabric is ironed less or even not; Reduce the shrinkage of fabric in the washing process, so that the shrinkage rate does not exceed 1%.