Linqing Cotton Price Rose Slightly &Nbsp In May 28Th, And Textile Enterprises Used More Frequently Than Before.

At present, it is the season for aphid breeding and insect pest development to develop rapidly. Cotton farmers in Linqing City, Shandong province have intensified field management, and now they have started spraying second times.

According to local cotton growers, spraying pesticides in 5 days or so in the season of aphid outbreak can effectively control the damage of aphids to cotton seedlings and make cotton seedlings grow normally. If the outbreak of aphids is serious, they will be sprayed once every 3 days.

Local cottonseed prices continued to decline, the factory price in May 27th was 1.29-1.31 yuan / Jin, the grade was almost below 1.25 yuan / Jin, down 0.07 yuan / kg compared with last week, down 0.10 yuan / Jin compared with 10 days ago.

In addition, affected by the decline in futures prices, the issuance of quotas and the lifting of the ban on cotton exports in India, the price of local lint has dropped slightly. In May 26th, the 3 class offer was priced at 17500-17700 yuan / ton (with tickets, delivery, the same below), the actual paction price was 17400-17500 yuan / ton, down 100 yuan / ton compared with last week, and Xinjiang's 2 cotton price was above 18100 yuan / ton, basically no deal.

Driven by buying or selling, the price of cotton lint has affected the enthusiasm of textile enterprises to buy cotton. At present, the average stock of lint cotton is about 20 days, and the individual stocks are larger in 2 months.

However, some local cotton enterprises are still optimistic about the post market lint market, especially those with high grade lint in their hands.