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Shandong Cotton Purchase Price Continued To Decline For A Week
According to the Shandong Provincial Agricultural Information Center, Shandong is expected to create a new record of cotton yield this year. It is estimated that the output of 78.8 kg per mu is expected to increase by 1 million 50 thousand tons.
In October 13th, -19 week, cotton prices continued to decline in Shandong province. Dezhou seed cotton purchase price was 2.70 yuan / kg (38%), down 0.25 yuan / Jin compared with last week, 3 grade lint price has dropped to 12000 yuan / ton, cottonseed 0.92 yuan / Jin. Binzhou Wudi three seed cotton purchase price in 2.60-2.70 yuan / Jin, water 12%, lint 38%. The price of the lint price is 11800 yuan / ton, and the price of cottonseed is 0.92 yuan / Jin.
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