Xinjiang Cotton Price Rebounded &Nbsp; Mainland Enterprises Busy Moving Library

On the 4-6 th of December, the price of lint prices in Urumqi, Shihezi, Changji and other places in Northern Xinjiang in Xinjiang continued to rebound, of which the delivery price of the net weight of grade 2 cotton platform was raised from 26000-27000 yuan / ton to 27500-28000 yuan / ton, and the price of 3 grade cotton platform also rebounded to 27000 yuan / ton; Korla, Akesu and other places in southern Xinjiang were restricted by pportation.

In December 6th, some enterprises in Akesu, Xinjiang, bought a seed cotton newspaper at 11-11.30 yuan / kg (lint 40%, moisture 13-15%), up by 0.2-0.4 yuan / kg compared with the end of November.

A cotton trader in Korla said that the sale of cotton growers and cotton traders at present.

Due to the inconvenient railway pportation in the southern part of Xinjiang, some factories in the mainland or Korla and other parts of the mainland went to rented factories for processing or purchasing cotton linen to take the form of motor pportation to speed up the relocation of lint. Although the cost increased, the enterprises said that once the cotton prices stabilized and rebounded, the cotton flowers pferred to the mainland could be sold and recovered at any time.

On the 6 day, the 2 grade Xinjiang cotton in Dongying, Binzhou and other places in Shandong province had already traded 28500 yuan / ton, and the 3 grade cotton quotation also rebounded to 28000 yuan / ton.

Some cotton related enterprises said that at present, the number of cotton piled up in Urumqi, Shihezi and other platform warehouses is only about 70% of that of the same period last year. The pportation pressure of Xinjiang wagon is not outstanding, mainly because the selling price of cotton is in an upside down state with the acquisition and processing price of cotton and linen in corps and autonomous region.

In addition, some Xinjiang cotton enterprises are also not comfortable with shifting cotton to the warehouse in the mainland, and prefer to deliver on the Xinjiang platform.

According to the introduction of several large cotton enterprises in Shihezi, the comprehensive processing cost of grade 3 cotton is currently 26000-27000 yuan / ton, although 6 days.