The Price Of Cotton Is Twists And Turns, And The Market Looks Stable.
Cotton prices have been rising since August, but recently, the cotton market has changed stealthily.
Cotton futures
All the way down, it spread to the spot market of cotton.
Only ten days before and after, the buyers and sellers have experienced firsthand what is ice and fire.
Cotton price
Low, buyers and sellers face a big change.
In November 24th, in the cotton warehouse of Hu Jinmei, a large cotton merchant in Baishui Town, she was bargaining with the cotton growers who came to sell seed cotton: "you cotton, now it is about 13 yuan / kilogram. If I had received 14 yuan / kg before, but now it is only so high, there is no way, the market will slow down, and your cotton is not as good as before. If I want to sell it, I will add 10 Fen more, but I will not buy it."
A brief exchange shows that the initiative in pricing is entirely in the hands of Hu.
Such pactions, if placed half a month ago, may be wishful thinking.
"This year, we are all buying cotton from the cotton growers' home, just like the old man, who doesn't even have a meal. Even if they sell it to me, it's because I have been collecting cotton for more than 30 years, and people have given me some face. If two years later, they heard that it was the landlady who came to pick up the cotton, they were very happy and prepared meals for you.
About half a month ago, Hu was a bitter water.
The experience of roller coaster is also felt by cotton growers, just contrary to those of street vendors.
Cotton farmer Wang Xiulai planted more than 9 acres of cotton this year, and he collected about 1850 kilograms of seed cotton.
"When the early market was good, I was thinking that I could still go up a bit. The purchase price of 14 yuan / kg should be hesitated for a while. When the merchants sold it hard, they sold only a small part of it. I didn't expect the market to change now, only 12 yuan / kilogram, or even less than that price, and the vendors were not buying the door, so I could only deliver the goods by myself."
In contrast, Wang Xiulai regretted it.
Cotton market
Unstable, late or warmer
Although the cotton prices in front of us are ups and downs, many cotton growers and cotton traders are still looking forward to the market outlook.
During this period, Hu aunt checked cotton futures quotations and spot market information in a timely manner in addition to cotton picking. However, the initial research was still somewhat confused: "now the TV has been saying that it is down, but we do not feel much drop here. It is only a pause, and I can only buy at almost the same price.
Later, I heard on television that I would come back in January 1st, and now I have no idea how to cotton.
However, with her own decades of business experience, Hu believes that the cotton market in the late period should be warmer. The reason is that cotton price changes are closely related to supply and demand. In her view, cotton production is indeed cut this year, and there is a real shortage of supply and demand.
"Since the acquisition of cotton, the largest number of cotton from three doors, but this year, three can not guarantee their own self-sufficiency, that is, the local Duqiao cotton production area also can not get cotton, because the local sell itself is not enough."
Aunt Hu said.
Therefore, although some peddler households still wait and see, Hu Ma still opens a warehouse to buy cotton seeds in the hands of cotton growers, but in terms of price and quality, she has more voice than before.
Later, the reporter interviewed Chi Qingzan, a farming analyst of a Futures Company.
In the view of small pond, the cotton futures market will have a stable trend after the ups and downs, and the spot market will also stabilize.
However, he also reminded the vast number of cotton growers and cotton traders to pay attention to the trend of the national policy while paying attention to the market situation, because the action of throwing and storing the national cotton reserves has an impact on the cotton market.
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