The Purchase Price Of Seed Cotton Has Jumped To 9 Yuan / Kg In Some Cotton Areas.
According to our investigation, due to rainy and cool weather in most of the cotton fields in recent days, people in our country
Cotton yield
It is expected that there will be even more optimistic speculation, and the price of seed cotton will jump up in the light of the rising price of futures, electronic discs and throwing stocks.
Purchasing price
The record price of seed cotton has risen to 9 yuan / kg in parts of Xinjiang and Shandong.
The price of seed cotton is high and risk is gathering rapidly. The mentality and behavior of the market participants are different.
Most of the 400 type enterprises watch more and less activity, observe market dynamics and price trend cautiously, wait for a better opportunity to enter the market, and part of the 400 type enterprises enter the market, but they adopt a relatively stable business strategy to acquire and operate new cotton to avoid risks.
Its main practices are: first, to take a small amount of acquisitions while collecting and watching; two, to purchase according to the order form of textile enterprises, so as to make sure that the profits are kept at a profit, and that three is to quickly purchase and process, sell electronic discs, futures and spot sales quickly, and sell profits quickly.
However, a small number of processing enterprises continue to look at the high cotton prices and plan to sell them after "eleven".
Although there are still some 200 type enterprises entering the market and 400 type this year.
enterprise
Scramble for resources, but in recent days, the higher the purchase price, the greater the risk, some enterprises stop collecting, retreat and wait and see.
Because cotton traders are more flexible and less capital occupied than type 200 and type 400 enterprises, they can make cash in hand and make quick profits.
Therefore, the situation in various places is that cotton seed traders are more active in the seed cotton market in recent days. According to the information clerk of Xinjiang Akesu the day before yesterday, Cotton Traders rushed directly to cotton farmers' cotton fields to buy them, and Cotton Traders picked up seed cotton.
The situation in other cotton areas is that cotton traders have a serious phenomenon of jumping across the province and further pushing up the price of seed cotton.
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