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Jiangsu Dafeng: Cotton Prices Continue To Climb &Nbsp; Cotton Textile Enterprises Are Cautious.

2010/10/16 10:43:00 41

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In October 10th, Jiangsu Dafeng, cotton prices continued to rise in recent years, cotton purchasing enterprises and textile enterprises are more cautious.

Today, the cotton merchants go to the door to purchase the price. The lower cotton (below 5 level) is 4.25 yuan / Jin, 4 yuan, and the lint is about 36 Jin, the moisture is about 13%, 4.85 yuan / Jin, and the height is 5 yuan / Jin Jin.

The purchase price of cotton enterprises is above 4, and the lint is about 36 Jin, the moisture is about 12%, 4.90 yuan / Jin, and the height is over 5.10 yuan / Jin, which is 0.05 yuan / Jin than last weekend.

According to this standard, cottonseed price is 1.60 yuan / Jin, and lint price is above 23000 yuan / ton.

The price of the lint spot market is around 22500 yuan / ton, and the operating profit is pparent.

Local year

New cotton

Since the listing, cotton prices have been rising steadily. Lint rose from 18200 yuan / ton in September 20th to 22500 yuan / ton, rising 4300 yuan / ton, or 20%.

The current purchase price of seed cotton has been rising. In view of the current purchasing price and the market and price changes of the latter products, the author investigated 5 cotton purchasing processing enterprises (400 of 2, 200 of 2, 1 of non processing qualifications), 2 textile enterprises and some cotton traders and cotton growers.

The results show that cotton purchasing and processing enterprises and textile enterprises are highly cautious, cotton traders are active and cotton growers are looking forward to higher prices.

cotton

Close up business.

Due to the reduction of cotton area and the increase in output per unit area (area reduced by 3 to 5 per unit area), resources are still tight according to the supply and demand relationship of local cotton.

According to the person in charge of a cotton enterprise, this year's cotton purchase price has never been seen. The current seed cotton purchase price is broken down with lint (1.60 yuan / Jin cotton, 36 kg of lint, and 600 yuan / ton of processing cost) at 23000 yuan / ton, which has already exceeded the receiving price of the textile mill (currently 3 grade lint, with tickets, cash and more than 70%, and the receiving price of spinning enterprises is 22500 yuan / ton).

Of the 5 cotton companies surveyed, 1 were in a state of shutdown. They said: after 10, they looked at the situation and considered takeover; 2 were on the sidelines and slowed down the takeover; 2 of them did not take the initiative.

It is understood that in these cotton enterprises, mainly the lack of funds, because of high cotton prices, capital occupation is large, want to buy, but the funds can not be guaranteed; 2 acquisition of non active cotton enterprises, capital strength is still acceptable, they see the market risk is bigger, the acquisition of seed cotton, the strategy is quick processing, digestion as soon as possible.

At present, the local agricultural distribution funds have not been under loan, the cotton enterprise is to use commercial bank funds and self financing to start.

Textile enterprises.

At present, real estate lint has not been listed in bulk, and the selling price of lint has been rising. In the 2 textile enterprises that we know, the stock of the original lint bank is larger (available for more than 1 months). The recent purchase of lint is mainly cotton auction and imported cotton.

According to a textile enterprise business personnel, the main reasons for the slow purchase of lint cotton in recent years are: first, the price of lint is rising rapidly, and the momentum of rising prices is not decreasing; two, the sales price of cotton Post Road products and cotton yarn is rising, but now it is in the peak season of textile demand, but the sales channel is still dominated by old customers. There is no new increase in quantity. Three, the situation of textile enterprises is relatively stable in the earlier stage, and the 4 production lines of a 100 thousand spindle spindle textile enterprise have been fully opened, but it is not optimistic about the market behind.

The 2 textile enterprises understood that they all slowed down the purchase speed, and the stock of the original hoarding stock was shrinking.

Cotton traders.

In the chain of cotton acquisition, cotton traders are at the lowest risk. Cotton prices are increasing as cotton purchasing prices rise.

According to cotton traders, at present, the purchase price of seed cotton is about 4.80 yuan / Jin, about 5.10 yuan / Jin, which is sold to the ginning factory. The price is rising every day. The efficiency is still good. Now seed cotton is priced at a price per day, or even a few days.

Cotton grower

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This year's cotton is different from previous years. First, it is affected by the low temperature and rainy weather in spring. The cotton planting area has been greatly reduced. Two, the enthusiasm of planting cotton has been raised, though the area has been reduced since the purchase price of cotton seed rose last year. But because of the fine weather during the cotton growing season, the increase of the yield per unit area is bigger. Three, the cotton price is rising.

According to cotton farmers, the current seed cotton purchase price has reached 5 yuan / Jin above, although it basically reaches the expected value of 4.50 yuan / Jin above cotton farmers, but compared with other special agricultural products, the income space of cotton planting is still not large.

At present, most cotton growers are actively selling, and prices are expected to rise again.

It is understood that this year's rural autumn sowing planning work is imminent. The current cotton purchase price will play a positive role in cotton planting area next year, and the cotton planting area will increase next year than this year.

In addition, the weather is fine during the recent period, which is very beneficial to cotton bolting and picking.

At present, seed cotton picking progress (according to the data of 15 contact points) is about 30%, picking cotton seed is 100 Jin Jin / mu, but cotton growers are not fast enough to sell seed cotton, and the sales volume accounts for about 15% of the picking amount.