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Anhui Seed Cotton Prices Rose &Nbsp; Zheng Cotton Futures Prices Stabilized Rebound.

2010/12/8 16:55:00 64

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12.6-12.7, Anhui's Wuwei, Hanshan, Lujiang and other three grade seed cotton purchase price rose to 5.50-5.70 yuan / Jin, four seed cotton 5.20-5.40 yuan / Jin, compared with the late November, 0.20-0.30 yuan / Jin.

On the one hand, with the electronic matching of commodity cotton,

Zheng cotton futures

The price of the plate has stabilized and rebounded, and the enquiry price of cotton mills in Jiangsu and Zhejiang provinces has increased significantly. The cotton mill has again opened its purchase and refuses to reject the seed cotton with high humidity and low clothing. On the other hand, because of the purchase price of seed cotton in the Southern part of Anhui and Hubei cotton area, the purchase price of seed cotton is lower than that in Shandong, Hebei and Jiangsu Yancheng area, 0.20-0.50 yuan / Jin, some cotton ginning factories in other provinces have rushed to harvest cotton seeds in the fields of Wuwei and Hanshan, and pported them back to local processing.

According to several cotton ginning plants that are ineffective, recent processing is introduced.

lint

The public inspection is mainly made up of grade five cotton and four grade cotton. It is difficult to generate electronic matching or Zheng cotton futures warehouse receipt. The purchase of lint in the early stage is mainly four level, and the problem of generating electronic warehouse receipt is not large. Therefore, although the CF1101 disk rose to more than 28000 on 2 and 3 days in December, it could be affected by the processing capacity and the quality of cotton, the number of hedging was only 200-500 tons.

In December 7th, the price of grade four lint in Chaohu was concentrated at 26200-26500 yuan / ton (net weight settlement, with tickets, sent to the price of southern Jiangsu and Northern Zhejiang). The price of lint five was 25500-26000, which was 300-500 yuan / ton higher than that at the end of November.

Some cotton enterprises said that because the comprehensive processing cost of grade four cotton was 26500-27500 yuan / ton, the current market price could not be sold at a price, and the inquiry price of cotton mills in Jiangsu and Zhejiang Province and Anhui province increased significantly compared with the previous days, and the purchase price also increased by 200-300 yuan / ton. However, as the buyers and sellers expected to still reach 1000 yuan / ton, the whole cotton spot market remained relatively cold, with less enquiry, less processing and less sales.

According to the survey, at present, most of the 400 type processing plants in Chaohu area have a certain number of cotton stocks, 1200-1500 tons and 400-500 tons less, which are unable to guarantee the quality.

Spot price

In the case of hanging upside down, most of the cotton ginning plants do not sell. Therefore, the financing situation of cotton enterprises has been very tense recently.