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Jizhou: Cotton Prices Fell Slightly &Nbsp; Seed Cotton Purchase Price Stability

2011/5/25 9:20:00 30

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Recently, Jizhou, Hebei

Cotton production spot

Sales prices again fell slightly, but the market

volume

The price of cotton seed purchase is stable, and the number of cotton plants purchased is comparable to that of last week.

confined

high energy-consuming industry

Repeated prohibition, the high price of electricity and coal and the severe drought in the South have led to insufficient water and electricity production. In the summer of the peak period of power consumption has not yet arrived, a large area of electricity shortage has arrived ahead of schedule. Among the 10 provincial power grids, such as Beijing, Tianjin, Tangshan, Hebei, Shanghai, Jiangsu, Zhejiang, Anhui, Hunan, Henan, Jiangxi and Chongqing, there will be tension in the supply and demand of electricity, and the power gap is expected to reach 3000~4000 kilowatts.

The early arrival of the electricity shortage led to an increase in the phenomenon of power rationing in all parts of the country, and it has brought disaster to the textile enterprises which partly used cotton in Jiangsu and Zhejiang provinces, and their production of spinning, weaving and clothing had been restricted.

In addition, since March 2011, the overall sales of the finished products in the textile industry have been sluggish, the inventory pressure has been serious, and the capital flow of enterprises has been slowed down so far. So far, the financial strained situation has not been effectively improved, and to a great extent, it affects the cotton market of the city that has just been sold.

In addition, recently, the Intercontinental Exchange (ICE) multi profit opening trading increased, and the drag period price went down. The price of electronic disk on 20 and 23 days of zhengmian futures and Beijing's national cotton exchange market was also constrained by the short price, which forced the cotton merchants and cotton enterprises to reduce the selling price of real estate cotton again, with a view to increasing sales volume and reducing the financial pressure of bank repayment.

On the 24 day, the city cotton merchants 3 class real estate cotton sale price quoted 25000 yuan / ton (delivery price, net weight settlement, take the ticket, the same below), the weak 3 level 24700 yuan / ton, 4 level 23600 yuan / ton, five level 22800 yuan / ton, all compared to this Monday (23 days) reduced by 100 yuan / ton.

This is the real estate cotton sales price has been stable for nearly a week since 16 days after a slight decline.

On the 24 day, the 2 grade Xinjiang cotton price quoted 28500 yuan / ton (the delivery price, the original code sheet settlement, the same below), the three grade Xinjiang cotton 27800 yuan / ton, compared with 20 days (up last weekend), it rose 300 yuan / ton, was equal to the 23 day; four grade Xinjiang cotton 26500 yuan / ton, was equal to the 20 day.

Although the sale price of real estate cotton has declined, the sales volume has not been increased, and the tight spinning enterprises insist on buying and buying with the market.

24, the seed cotton purchase price of the city has remained stable since 9 this month, with a very small number of low grade 3 high-grade seed cotton prices ranging from 5 to 5.10 yuan / Jin. The mainstream 4 grade seed cotton is 4.80 yuan / Jin, and the flower price is 4.60 yuan / Jin, 5 yuan 4.50 yuan / Jin.

24, the sale price of cottonseed in the city was 1.45 yuan / Jin, unchanged from 20, and the number of acquisitions did not change.

According to the estimate of linen percentage 37%, 36%, 35% and attrition rate 2% and cost 600 yuan / ton, the cost price of the soft 3 hard 4 grade, 4 grade and 5 grade cotton made by the acquisition process is 23200 yuan / ton, 22000 yuan / ton, 22000 yuan / ton respectively.

If a batch of lint is processed and sold at the current price, the cotton plant will have a profit of 1000 yuan / ton.

However, due to the unclear direction of the spot market, the city insists that the cotton mills that they purchase insist on buying without authorization. Although cotton growers have reluctantly recognized the current price, there is still a difficulty in selling cotton.