Hengshui Cotton City Rose Slightly To &Nbsp, Even With Little Rainfall.
Recently, the sales price of real estate cotton in Hengshui, Hebei province has been stable and small, but the local cotton market is getting warmer.
In addition, due to the cloudy weather in recent days, continuous rainfall has little effect on local cotton production.
In August 24th, local cotton merchants were weak 3 grade real estate cotton.
Sale
The price is 19000~19200 yuan / ton (delivery price, weight settlement, with the same ticket), level 4, 17700~18000 yuan / ton, and weak 4 level 17500 yuan / ton, all of which rose 200 yuan / ton compared with the same period last week (18 days), which rose by 100 yuan / ton on Monday (22), unchanged from the previous day. 5 grade sales price was 16100 yuan / ton, up from last week's same period by 5 yuan / ton, but unchanged from this Monday.
From the same period of last week to the current price changes, we can see that the local 4 level or above (including 4 grade) real estate cotton prices have seen a slight rise in the long term. Low grade cotton has also stopped the downward trend and the price has stabilized. This is the first time that the local cotton market has recovered since the collapse of cotton prices in mid March of this year.
But the price is too late and the price rises little. This year, many local cotton business operators and cotton merchants have lost a big deal.
It is understood that the recent cotton prices appear small.
Rise
Quotations, one is the country with the new year.
Purchase and storage price
19800 yuan / ton.
The market generally thinks that this price is important for the new and old year alternating period.
reference price
It is also the lowest price for the cotton market in the near future. Two, since the 9 day, the electronic disk market at home and abroad is mostly in the horizontal stage, but nearly two days, zhengmian futures and Beijing national cotton exchange market electronic.
Match up
The uplink of China's cotton price index provides support for the spot price of the local cotton market; three, after a period of consumption, the lint resources of grade 4 and above in the local market began to become tense, plus the recent textile sales situation slightly improved, and the textile industry's industrial inventories were reduced, so they had a certain demand for replenishment.
After all, the big economic environment has not been fundamentally improved. When the central bank expects to increase interest rates in September, the possibility of increasing interest rates is bigger. The purchasing power of textile enterprises is slightly insufficient and turnover is still general.
In mid August, after 6 days of continuous low-temperature rainfall process, from 20 days, the weather in Hengshui, Hebei continued for five consecutive days, mainly between cloudy weather and cloudy weather. The air temperature picked up, with a maximum temperature of 30 degrees, a minimum of 19~20 degrees, a wind of 3~4, and a decrease in air humidity.
This weather process helps to alleviate the adverse effects of early continuous low temperature rainfall on cotton, such as spades, bud buds, and Verticillium wilt, which are essential for stabilizing cotton yield.
Judging from the latest field observations, only 2~3 of the lower part of the cottonseed peach turned black, and the middle peach had little change. The top Qiu Ling showed a slight decrease. It was estimated that the local yield would be close to 500 Jin level, and the early rainfall was limited.
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