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New Cotton Listed Prices Go All The Way Down Or Will Sell Long.

2011/8/18 14:45:00 40

At 10:30 on August 12th, Xie Junfeng, a man with white hair, walked quickly into the venue of the 2011 Xinjiang cotton situation analysis conference and purchase and sale fair, hoping to find a good seat, but he was still slow and had to sit on an empty chair on the east side of the meeting hall.

Xie Junfeng is Shanxi Huamao.

Spin

The deputy general manager of the company is more than 60 years old.

After the meeting, he was like a student, listening to the report carefully, sometimes lowering his head and recording his eyebrows and brooding. He was yawning from time to time due to all the hard work and bad time between the two places.

Facing reporters, he laughingly said: "Lian Po is old, but he can still eat."

He told reporters that he bought 6000 tons of Xinjiang cotton last year.

When the price was right, a cotton processing plant was signed to sign the contract, but no company took the initiative to find him.

"Our company has nearly 10000.

Ton cotton

No buyers were found, and the loss was a foregone conclusion.

This year, we will not buy blindly as we did last year.

The head of a cotton industry company in Akesu said that there was no contact with textile enterprises at present, but now they are only aware of the trend of cotton prices and the relevant state policies.

Shandong cotton merchant Huang bought more than 1000 tons of cotton in North and South last year due to

Buy

And selling time earlier, making a small profit is one of the few cotton merchants who bought cotton in Xinjiang last year.

"A small profit, I quickly launched, and catch up with the high cotton prices.

Many cotton traders are too eager to make a profit and lose hundreds of millions of dollars.

He believes that this year, a large number of Xinjiang cotton market has about a month to go, it is too early to sign the purchase and sale contract, and the risk is great.

The head of a textile enterprise in Hebei said that 1/3 of the cotton used by their company came from Xinjiang, which was affected by the factors such as the recession of the clothing industry. The company was in the semi production state, and the stock of cotton could still be used for three or four months. Now it is imperative to increase product sales and reduce cotton stocks.

Reporters found that the meeting became the cotton situation analysis report, no one "whispers" at the meeting. No one gathered during the tea break, lunch and dinner, and the talks were replaced by the speeches of the participants.

In this regard, Henan Nanyang Wanda cotton Co., Ltd. business manager Yu Gang analysis, since the second half of last year, cotton prices on the "roller coaster", a lot of cotton business losses.

At present, cotton enterprises' willingness to buy cotton is at the lowest point, so they do not want to negotiate purchase and sale business.

"Almost all of the mainland business participants came to understand the market outlook and the output of Xinjiang cotton this year, while the Xinjiang enterprises participated mostly in order to meet old customers in the mainland."