Dezhou: Low Cotton Price Stabilizes &Nbsp; Seed Cotton Purchase Price Rises.
Recently, Dezhou, Shandong
Lint price
Low stability
Sale
Still slow; cotton farmers' sales will increase.
Seed cotton purchase
Volume and price rose slightly.
May 17th, Dezhou real estate grade three cotton
Sale
The price is about 24000 yuan / ton (self mention, gross weight, with tickets), and grade four cotton is about 23500 yuan / ton, which is 2000 yuan / ton lower than that before May 1.
In recent days, quotations have tended to be stable, but sales of lint cotton are still slow due to difficulties in sales of cotton yarn and low purchasing enthusiasm.
In the past year, after the May 1, the seed cotton purchase was over. In 2010, cotton prices began to rise and fall. Cotton farmers have been watching. Cotton purchasing progress is relatively slow. According to the survey, as of the end of April, the number of cotton farmers in Dezhou area was around 25%, the cotton storage in Xiajin county was around 40%, and some villages had more than 80% cotton reserves.
After the May 1, cotton was bought to a close down stage. The cotton grower was also worried that he could not sell it until he had to sell it with the new flower after the autumn. Even if the price was low, he would reluctantly give up and had to sell it.
According to several cotton enterprises in Wucheng County, the purchase volume has increased in recent days, and it can receive 2-4 Jin Jin a day, and the purchase price of four grade seed cotton is about 4.70 yuan / kg (36% of lint, 9% of moisture regain), mixed level 4.60 yuan / Jin, and the price is slightly higher than the previous few days, mainly due to the rise of cotton futures prices in recent days.
According to the current purchase price, the acquisition cost of the four grade lint is about 22500 yuan / ton, so long as the price of lint is no longer falling, there is still a profit.
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