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    Cotton Spanplanting Delayed &Nbsp; Lint Buying And Selling Remained Cold.

    2011/5/19 16:01:00 66

    Cotton Lint Buying And Selling Lint

       Recently, Chaohu, Anhui Seed cotton purchase The cotton mill has basically been shut down. At present, the new cotton planting in the new year has entered the spanplant stage. However, the local weather is not good enough to affect the spanplanting of cotton. It is estimated that the local cotton planting will be delayed in 2011 than in previous years.


    Local lint shipments are very slow, at present level Four. lint The price is concentrated at 24000 yuan / ton, and the price is 500 yuan / ton lower than that in May 15th. It is reported that some local large cotton ginning plants are up to more than 2000 tons of cotton lint and the cost is more than 28000 yuan / ton. If the price is calculated at present, the manufacturers are losing a lot of money. But in order to withdraw part of the funds, some goods will also be sold at a loss. However, most of the textile enterprises generally have no demand for replenishment, except for some fixed customers.


    It is understood that the majority of local cotton enterprises stop reporting prices, holding a wait-and-see attitude, the local cotton enterprises responsible person said, now their factory also stocks 500 tons of lint, at present, the heart is very anxious, the price is higher than the basic price can not sell, even the asking price is not, reported low loss too much, really do not know how to do it, and the key is cotton future market is not clear which direction to develop, he said that although Zheng cotton futures in recent days after the continuous decline, there are signs of stabilization, but the situation of cotton lint almost no one in the current situation is still let most cotton enterprises feel uneasy.


    For the head of the market, the head office believes that the yarn market is still unsalable, and a large number of textile factories occupy most of the funds of the enterprises. Stock It still needs a period of time, at least one to a month and a half of cotton demand is still difficult to effectively boost, so the short term cotton purchase and sale market is difficult to immediately warm up, will continue the downturn pattern, but the price will gradually stabilize.

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