The 400 Type Enterprises Are In A Dilemma Because Of The Rising Price Of Seed Cotton.
Mid Autumn Festival three days, everywhere
Unginned cotton
The purchase price rose sharply.
Facing rising prices of seed cotton,
400 oriented enterprises
Caught in a dilemma, it is neither to accept nor accept; the 200 type enterprises are active again; cotton traders are active in the field, forming a panic buying situation.
Anhui Dongzhi County seed cotton 5 yuan / kg, 39% of lint, 15% of water, higher prices, processing enterprises have certain risks, cotton farmers are optimistic about the cotton market.
Xinjiang
In Akesu, the price of grade two seed cotton has jumped to 11 yuan / kg, and the moisture regain is 10%.
Market characteristics are: seed cotton listing is limited, 400 type enterprises purchase a small amount, while collecting and watching; cotton traders are more active in the field to fight for seed cotton; some cotton farmers are driven by interests to start mixing water and sand into seed cotton, and the quality of seed cotton is seriously damaged, wasting cotton resources.
In some cotton producing counties and cities of Hubei Province, the price of grade three seed cotton has reached 10 yuan / kg, and the moisture regain rate is more than 15%.
Market characteristics: the 200 type enterprises re-enter the market and rush to harvest seed cotton; the phenomenon of cross province acquisition is serious; cotton traders are active.
In some cotton producing counties and cities in Hebei Province, the purchase price has risen from the initial 8.6 yuan / kg to nearly 9.8 yuan / kg for nearly two days, and the moisture regain is high, mostly in 18-20%.
Market characteristics: type 400 and type 200 enterprises enter the market to buy seed cotton at the same time, while the 400 type enterprises take a small amount of acquisitions and act cautiously.
Wudi county seed cotton 4.9-5.1 yuan / Jin, the lint percentage is 40%, the moisture is less than 10%.
The price of 40 cotton yarn in local textile enterprises is 31500 yuan / ton.
Hebei Xingtai Linxi seed cotton price of 4.8 yuan / kg, 37% of the lint, 20% of the moisture content, most of the cotton farmers are not selling now, sales enthusiasm is not big, wait and see attitude, to the late cotton market optimistic.
Weixian County Zao Yuan Township cotton seed price is about 5 yuan / Jin, the lint percentage is 37%, moisture is more than 25%.
In some cotton producing counties and cities of Shandong Province, the purchase price of grade three seed cotton is between 10.4-10.8 yuan / kg, the moisture regain is above 18%, and the quality of seed cotton is poor.
Most of the 400 type enterprises are still on the sidelines; the 200 type enterprises and cotton traders are active.
Binzhou seed cotton 5.2 yuan / Jin, 40% of the lint, 16% moisture, cotton farmers reluctant to sell mentality.
The information staff suggested that the state take effective measures to curb the soaring trend of seed cotton purchase price.
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