The Acquisition Of Seed Cotton In Hunan Is Coming To An End. &Nbsp Is Still On The Sidelines.

Hunan Province Unginned cotton The acquisition is coming to an end. market There is not much resources. Cotton enterprises The daily purchasing volume is gradually decreasing, so the purchase amount of the cotton mill is also decreasing. The purchase price of seed cotton has been stabilized after a slight rebound this week, and the lint market is still in a stalemate, and the turnover is not optimistic. At present, the purchase price of grade four seed cotton in Changde area is 5.1-5.2 yuan / Jin, the lint percentage is 36%, the moisture content is 14%, and the four grade sawtooth lint price is 25000 yuan / ton, and the overall turnover is not good. It is understood that due to the poor shipment of lint, many cotton factories have stagnated capital flows, which also limits the acquisition of seed cotton to some extent. In the short term, the state will shift the loose monetary policy to a stable policy. Therefore, it is not possible to exclude the possibility of tightening policy. Besides, the enthusiasm of textile enterprises has been low and the impact of new year's Spring Festival is not high. It is expected that the local cotton spot market will not have a good performance in the short term.

In December 8th, the purchase price of grade 4 seed cotton in Changde was at 5.1-5.2 yuan / jin (lint 25-36%, moisture 14%). After a slight rebound in the beginning of this week, the purchase price temporarily stabilized, but the turnover was not optimistic. The 4 grade sawtooth cotton was quoted at 25000 yuan / ton. At the moment, the textile enterprises were in a strong wait-and-see mentality, and there was no willingness to ship in the ginning factory. Analysis of the industry, affected by the national loose monetary policy, coupled with the new year's day and Spring Festival holidays approaching, the textile enterprises start rate is limited, it is expected that the cotton spot market will remain stalemate in the short term.