Yarn Unmarketable "Forced" Cotton Price &Nbsp; Cotton Enterprises Crowd The Crowd.
On that day, Zhang Zhang, head of an enterprise in Hengshui, Hebei, said. Zhang's total more than 70 tons of lint cotton are almost four grade cotton, and the cost has reached 28200 yuan / ton. Since last week, Zhang has always been selling cotton, because Zhang's "old customers" have indicated that they are temporarily short of cotton and let Zhang Zhang wait for a few days, only a business in Binzhou, Shandong. Purchase Intention, but the highest price given at that time was 27100 yuan / ton, Zhang finally calculates, a ton loses 1000 yuan, has not agreed. "If we sell it now, a ton will lose 3000 yuan, and 70 tons will lose 210 thousand." Zhang said that Zhang now regrets and painfully.
It is understood that on the same day, the price of cotton in Hengshui, Hebei is: three cotton 26500 yuan / ton (pick up, gross weight, with the same ticket), four level 26200 yuan / ton, weak four level 25900 yuan / ton, all fell 1000 yuan / ton compared with yesterday, but higher than some large textile enterprises purchase price 1000 yuan / ton. There are two reasons for this: first, most cotton enterprises have higher cost of lint and relatively high quoted prices; two, cotton traders and cotton enterprises still have confidence in the future market. Because the prices between buyers and sellers are far apart, no market turnover has been seen recently.
At present, most cotton enterprises are facing the disadvantage of losing money, and seed cotton has been stopped. market Take a wait-and-see attitude. On the same day, cotton growers seed cotton quotes three level, 5.71 yuan / jin (37% of lint, 10% of moisture regain), four level 5.62 yuan / jin (ibid), a slight decrease of 0.03 yuan / Jin yesterday. This price is not recognized by most processing enterprises. It is thought that lint has fallen to this level, and the seed cotton can not exceed 5.50 yuan / Jin, so the seed cotton market has been "cold and cheerless, miserable." Cottonseed prices fell slightly, 12 oil, 13 water and cottonseed oil quoted 1.61 yuan / Jin, compared with yesterday fell 0.02 yuan / Jin, the market did not deal.
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