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Baoding: The Market Is Weakening &Nbsp; Spring Sowing Is Expected To Start In Full Swing.

2011/4/19 9:21:00 50

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Weak Market In Baoding

Recently, downstream

Textile enterprises

Yarn market is weakening, Zheng cotton futures and electronic matching continue to fluctuate.

Lint price

The cotton market has been weakening continuously.

18, Hebei Baoding real estate cotton, Xinjiang cotton spot has a small quantity.

Decline

。

Local processing plant feedback, 3 lint quotes 29600 yuan / ton (pick up, gross weight, with the votes, the same below), 4 level 29000 yuan / ton, weak 5 level 28600 yuan / ton, 5 level 26900 yuan / ton, the overall market fell by 100-200 yuan / ton compared with April 17th, the official 4 grade or above dropped 100 yuan / ton, the following decline of 4 yuan / ton, the advantage of good quality cotton is more obvious.

The local new cotton stock is not large, most of them are in the hands of the cotton merchants.

Quotation

Weaken.

The 2 class offer is 31000 yuan / ton (delivery price, net weight settlement), 3 level 30600 yuan / ton (ibid), 4 level 30100 yuan / ton, the price is down 50-100 yuan / ton compared with April 17th.

On the 17 th -18 days, lint was not seen in the region, and the weak market was very obvious.

The main reason is that textile enterprises are cautious in purchasing because of poor yarn sales.

At present, the textile enterprises downstream orders deteriorating, resulting in cotton mill pure cotton inventory continued to increase, some enterprises have reached 2 months of stock, capital occupancy is relatively high.

The seed cotton market is very cold, and 98% processing enterprises are closed.

Seed cotton quotations fell by 2-3 points.

The mainstream offer 4-3 levels of flower 5.88 yuan / jin (38% of the lint percentage, moisture regain 9%), and the 4 seed cotton price is 5.82 yuan / Jin.

Basically there is no cotton farmers to sell, and corporate acquisitions are not positive.

Cottonseed at 1.74 yuan / Jin line, compared with yesterday fell 0.01 yuan / Jin, purchase and sale basically stagnation.

Spring and Jing Ming, the temperature continues to rise, in recent years is the cotton.

Spring sowing

It's a good time to do so, and the local spring sowing in 2011 has not yet been fully developed.

Cotton grower Lao Liu told me that the temperature rose faster in the two days, and the highest temperature reached 28 degrees Celsius at noon. However, because the temperature was still unstable and the temperature difference between day and night was large, cotton farmers had to wait several days before they could start the spring sowing in an all-round way. It is estimated that this Wednesday and four will be fully rolled out.