Recent Cotton Growth And Price In Parts Of Hebei

In recent years, cotton growing in Hebei province has been growing well, and rainy weather in some parts of the country has had a certain impact on cotton production. Textile enterprises are still in a difficult state of operation, and cotton prices are dropping steadily.

The specific circumstances are as follows:

Cangzhou: the drizzle began in the morning of August 21st, and it did not stop until 3 p.m., and it was also accompanied by moderate rain, which might affect the cotton output and quality.

A previous rainfall has caused some cotton fields to accumulate water, and what cotton needs most is light.

Julu: on the 25 day of August, the thunder and lightning happened all night, and the weather was extremely bad for the current cotton growth and picking. Fortunately, the rainfall was not very large, and the weather had cleared up on the morning of 26.

Wuqiao: at present, the overall growth of local cotton is good, with an average of 20 bolls per plant and 5 young bolls. The average yield per seed cotton is 450 kg, which is equivalent to that of the same period last year.

Due to the continuous rainy weather, cotton boll opening was affected, and some of the peach was mildew, and the sale time of new cotton was expected to be around September 10th.

By August 25th, cotton prices continued to decline in the previous week. Now the price of the 2 grade lint is 13600 yuan / ton (with tickets, net weight, cash settlement), and the 3 level is 13200 yuan / ton, which is down compared with the previous week.

The loss of cotton storage enterprises is serious, but there is nothing else to do.

Shijiazhuang: cotton prices are relatively stable in recent years. The price of grade 3 cotton is around 13500 yuan / ton (to factories and public places). The main commercial stocks of several major cotton shops are always at a high level. Some cotton business executives said that the cotton business in the new year is very difficult and the prospect is not optimistic.

At present, the inventory of local textile enterprises is quite abundant, mostly for 20-30 days, and the market's response to the export tax rebate rate adjustment and state purchase and storage policy is relatively dull.