Hebei Lint Market Continues To Decline &Nbsp; New Cotton Prospects.
In August 4th, most counties and cities in Hebei had rainfall and moderate rainfall. cotton The growth is very favorable. At present, the overall growth of cotton is good, and the occurrence of diseases and insect pests is obviously lighter than that of the same period in previous years. Only a few cotton fields have sporadic yellow blight and premature senescence.
Nevertheless, the frequency of pesticide spraying by cotton growers is still high. Spraying on average every three days is mainly aimed at preventing cotton bollworms and bug bugs. In addition, spraying some nutrient solutions to boll the development of bolls.
At present, local majority
Cotton plant
The number of peach plants has reached 10 per plant or above, reaching up to 20 plants per plant.
A cotton grower in Langfang said that if the weather was normal in the late period, the average yield of seed cotton reached 500 Jin / mu; because the planting cost reached 500 yuan per mu this year (including contracted land cost, excluding labor cost), it increased by 40 yuan per mu compared with last year, so the cotton farmers' expectations for seed cotton prices in the new year are relatively high, at 3.50-4.00 yuan / Jin.
In addition, due to delayed planting, picking will be a little later than in previous years. Early maturity cotton varieties can be picked around August 27th, and late maturing varieties will only begin picking up in early September.
Affected by the country's upcoming dumping, Hebei's lint is now in store.
Quotation
Continue to slide.
In August 3rd, the sales price of grade 2 Xinjiang cotton was around 18700 yuan / ton (delivery, weight, and ticket), and the 3 level was about 18500 yuan / ton, which was 200 yuan / ton higher than the previous high point. The lower grade real estate cotton fell more obviously, among which the 4 grade real estate cotton in Wuqiao county was traded at 17800 yuan / ton (pick up, gross weight, and ticket), which dropped by 500 yuan / ton compared with the previous peak.
Nevertheless, the enthusiasm of textile enterprises is still not high, most of them are wait-and-see.
According to China's cotton net correspondents, because of the poor market turnover, cotton storage in Cangzhou's cotton stores is still large.
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