Hebei 400 Enterprises Raise Seed Cotton Purchase Price
With the introduction of new state purchasing and storage policy and quantity, the acquisition confidence of the 400 type enterprises increased, and most of the cottonseeds rose in most areas. The 400 type enterprises that paid for the storage increased the seed cotton purchase price, but the highest price was 2.45 yuan / Jin.
In December 24th, the purchase price of grade 3 seed cotton was 2.40 to 2.45 yuan / jin (lint 38%, moisture 9%) in some 400 enterprises in Linxi County of Hebei province. The 4 grade price was 2.30 - 2.35 yuan / Jin, which was increased by 0.05 yuan / Jin compared with last week.
The head of a 400 type enterprise said that many cotton farmers in the region were still not satisfied with the price of seed cotton at present, and the sale was not positive. In order to attract cotton farmers to sell and guarantee lint storage, the company has raised the purchase price.
24, Hebei Xingtai cotton seed listing price 0.65 yuan / jin (gross seed oil 12.5%, moisture 12%), compared with 23 days slightly increased, volume has expanded. The 3 class seed cotton mainstream purchase price is 2.40 yuan / jin (39 lint, moisture 10%), 4 level 2.30 yuan / Jin, has a slight increase, because cotton farmers reluctant to sell, less volume.
Editor: vivi
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