Ninghe, Tianjin: Lint Price Is Down By 1000&Nbsp; There Is Still No Market Price.
Cotton market Peripheral factors continue to run, and the local factories are stopping and stopping. Before Qingming Festival, cotton market Bad profit Frequent news: the state issued "cotton temporary" in 2011. store up "Plan", temporary storage of lint minimum Price It is 19800 yuan / ton; in a week, a large textile enterprise in Shandong lowered the purchase price of lint two times in a week, and the reduction rate was 1000-1100 yuan / ton. At present, the purchase price of grade 3 lint is 28000 yuan / ton (delivered, carrying tickets, weight and account period two weeks, the same below), 429 level is 27700 yuan / ton, 427 grade is 27200 yuan / ton, the cotton seed price in main producing area has dropped sharply, and the rate of reduction within the week is 0.05 - 0.05 yuan / Jin.
Under such intensive bad news, Tianjin Ninghe area Spot purchase and sale For a while, the price of the four grade lint factory has been reduced from last week's 28500-29000 yuan / ton to 27500-28000 yuan / ton. The price of seed cotton has been greatly reduced, but there are still fewer willing buyers. Some manufacturers' sporadic cotton quotations have dropped from last week's high price of 6 yuan / jin to 5.40 yuan / jin (four level, unified flower, 37% lint, 12% moisture), down 0.60 yuan / Jin. At present, cotton farmers are reluctant to accept this price. They are reluctant to sell, but the purchasing power of the cotton ginning mill is not high enough. They worry that the price of lint and cottonseed will continue to fall. The local market is in a state of anxiety, and buying and selling is still active.
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Cotton Prices Continue To Be Strong, Cotton Starts To Store And Store &Nbsp, Or Balance Grain And Cotton Land.
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