There is no shortage of cotton supply, and overseas quotas are valid. At present, the price difference between domestic and foreign cotton is in a large position, and the possibility of importing from outside is great, and the negative price of cotton continues to rise. Demand: Downward, the inventory of substitutes and finished products rose to a high level in nearly 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 20000 and 22000.
: cotton market
1. From the time point of view, cotton may continue to rise until 2022 1. From the perspective of spatial structure, the top of cotton may appear in 20675, which may rise by 4000 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 domestic cotton market, the demand for cotton in the textile industry continues, and the subsidies for cotton farmers in Xinjiang are expected to continue. In 2020, the opening price of bachu county seed cotton in Kashgar was 6. 1 yuan/kg, which rose to 8.6 yuan/kg at the highest, and then gradually fell back to the range of 6.4-6.6 yuan/kg. So 202 1, the land contract fee has also increased, and the cost of farmers growing grain has also increased. Market analysts believe that the price of 202 1 cotton will not fall, but will rise slightly.
3. China has made great achievements in the prevention and control of COVID-19 epidemic, with further recovery of production and business activities, continuous and steady improvement of textile production and sales, sufficient orders from enterprises, high operating rate, stable sales of finished products and high yarn profit, which is rare in 10 years, and sustained and strong demand for cotton. 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 one agricultural product in one province in China only accounted for 2.5% of the national total, but now it accounts for 20% of the global output, which is close to that of India, the second largest producer, and 20% 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.
Cotton is one of the most important crops in the world. Its large output and low production cost make cotton products cheaper. Cotton fiber can be made into all kinds of fabrics, from light and transparent barrier yarn to heavy 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 less hot or even not hot; Reduce the shrinkage rate of the fabric in the washing process, so that the shrinkage rate does not exceed 1%.