Hebei Handan Cotton Bid Confusion, Buying And Selling Stalemate

22 days, Handan, Hebei Cotton prices have fallen deeper, and market sentiment has been dispersed. Confusion in quotation Unbearable; textile enterprises suspend procurement, cotton and cotton enterprises cut meat sales promotion, buyers and sellers stalemate, spanactions basically stagnation. From No. 20 to No. 22, we lost 1000 tons of lint per ton, and we all rushed to death. Liu manager, head of a 400 type enterprise, said that we still had more than 80 tons left before we could sell them, and only 80 thousand earned two or three days. According to Liu Jingli, the local lint has dropped to 1000 yuan per ton during the week, causing great losses to the enterprises.

Same day Quotation It is: the price of the three class bales is 29500 yuan / ton, the four class price is 28500 yuan / ton, the four level is 28100 yuan / ton, which is 500 yuan / ton compared with the 21 day, which dropped by 1000 yuan / ton compared with last Friday. Not only that, Dongguang cotton enterprises to return funds, shopping spree, price confusion. Liu manager said that there are individual enterprises are three class cotton wholesale quotations dropped to 29000 yuan / ton, and also reported 29200-29300 yuan / ton, some enterprises to reduce losses, so that the phenomenon of miscellaneous water is prominent, the destruction of the local corporate image. No one is interested in small cotton, but the price is even bigger. The mainstream price of the three class small package cotton price is 29100-29200 yuan / ton (delivery price, gross weight settlement), and a few enterprises quote below 29000 yuan / ton; the mainstream price of the four class small cotton is 28300-28400 yuan / ton, and the overall price level is down 1100-1200 yuan / ton last week. The boss of a 200 type enterprise, Li boss, said that their enterprises now have 50 tons of small packages of cotton, all of which are four level, and the cost price is 29000 yuan / ton. Now the market price is lower than the cost price. Li boss said he would rather sell 28000 yuan / ton if he had the cash to pick up the goods. There are a handful of local newspaper owners who have the idea of cutting meat. Lint market dragged down seed cotton, prices fell sharply, and purchase and sale stagnated. 6, the weak three class cotton cotton 5.62 yuan / jin (37%, the moisture regain 12%), four 5.51 yuan / jin (the same), the below four 5.45-5.50 yuan / Jin, down 1 cents yesterday, compared with last Friday fell 2 cents. It's hard to see cotton cars in the market. From the 22 day's acquisition situation, the daily purchasing amount of enterprises is very low, it is very difficult to see enterprises that receive more than 1000 Jin per day. The main reason is that the processing enterprises dare not accept them, nor do the cotton growers.