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    Hubei Cotton Enterprises To Buy A Slight Slowdown In The Sale Of Lint Sales

    2009/3/21 0:00:00 18

    The acquisition of Hubei seed cotton is coming to an end.

    Although the lint price and the by-product prices have rebounded in the same period, for example, the settlement price of grade 3 cotton to factory net weight has exceeded 11500 yuan / ton, and the level 4 cotton is above 11000 yuan / ton, while the cottonseed price has risen to 0.80 yuan / Jin line, and the two pile price has also gone to 2800-3000 yuan / ton. However, the reduction in the number of tail resources and the decline in quality, and the low success rate of participating in the storage and auction, all have restricted the acquisition enthusiasm of cotton enterprises everywhere.

    According to the regional differences, the quality of the East Hubei cotton production area is poor because of poor quality and low price (not more than 2.10 yuan / Jin), resulting in about 20% of the remaining seed cotton resources. The jianghanping principle has always been characterized by good quality, high cotton prices, high competition and high prices (now it has dropped to around 2.35 yuan / Jin), and cotton farmers have been selling enthusiastically, and their inventory is already less than 10%.

    Generally speaking, most of the new cotton purchase in Hubei province will end in the month of 08. At present, the local farmers have not started to prepare for farming, and the implementation of the national grain and cotton cultivation direct subsidy has yet to be determined. The price of cotton seeds and agricultural products is lower than expected last year. In addition, the psychological impact of the 08 cotton seed loss has reduced the willingness of farmers to plant cotton. The extent of the specific planting will be reduced in April.

    At present, cotton enterprises in Yichang, Hubei think that the purchase and storage has reached the effect of stabilizing cotton prices and protecting the interests of cotton farmers.

    Therefore, most of them believe that the possibility of increasing purchasing and storage is relatively small, and the quality of imported cotton is strictly required. The quantity of seed cotton that has met the quality of storage and storage has been depleted, so the enthusiasm of local cotton enterprises has declined, and seed cotton prices have also dropped slightly.

    This article comes from textile resources, please users directly in the browser directly input textile resources to see.

    It is understood that the quality of local cotton seed has declined, and the lint produced is mostly 4 or below 4. Therefore, the acquisition of cotton enterprises is not positive.

    In March 16th, the takeover price was 2.35 yuan / kg, and the market was only sporadic acquisition.

    Because the reserve cotton takes the lifelong responsibility system, the local storage enterprises strictly control the quality, especially in the two aspects of foreign fiber and moisture regain.

    In addition, the local stock market has cooled down, the enthusiasm of textile enterprises has declined, but prices remain stable. The 3 class real estate cotton price is 11500 yuan / ton (to factories, with tickets, net weight), and the 4 level is 11100 yuan / ton.

    Editor in chief: Xu Qiyun

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