Shijiazhuang: Spot Prices Remain Stable &Nbsp; Turnover Is Still Light.

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In May 24th, local real estate cotton grade 3 sales quotation was 25000 yuan / ton (gross weight, self mention, with ticket price), weak 3 hard, 4 grade cotton price quoted was 24500 yuan / ton, 4 grade cotton quotation was 23900 yuan / ton, 5 grade cotton price was 23000 yuan / ton, all were flat compared with the previous few days.

Xinjiang cotton quotation continued to maintain a strong posture, the 2 class cotton sales quotations for 28500 yuan / ton (original single official, self mention, with ticket price), 3 cotton quotes for 28000 yuan / ton, quality inspection better cotton quotes in the 26000 - 27000 yuan / ton (commodity inspection net weight, self mention, bring the ticket price).

Although the spot price has maintained a stable trend, the stock of large textile enterprises is quite abundant, so there is still no purchasing intention. Although small textile enterprises have the demand for replenishment, due to the sluggish sales of cotton yarn, the capital constraints can only be used with the purchase, and the volume is not magnified.

Some local cotton enterprises are still insisting on the acquisition of seed cotton. The seed cotton purchased at present is mostly 4 grade cotton, and the purchase price is 4.60 - 4.70 yuan / jin (36% of lint, 11% of moisture regain), and the enthusiasm of cotton farmers to sell is relatively high, and the number of Japanese cotton enterprises purchasing has increased.

At present, the price of cottonseed is about 1.45 yuan / kg. If the calculation is based on 2% loss and processing cost 500 yuan / ton (the purchase price is calculated at 4.65 yuan / Jin), the current cost of seed cotton is equivalent to 21340 yuan / ton of lint, and if there is a large profit margin for timely sale of cotton lint, the local cotton enterprises said that processing as soon as possible and selling as soon as possible to ensure the best profits.