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Xinjiang Cotton Enterprise Reserves Positive &Nbsp; Next Year There Will Be A Turnaround.

2011/11/4 9:48:00 14

In November 1st, the purchase price of seed cotton in Korla, Luntai, Pratt & Whitney and other places was 8.5-8.6 yuan / kg (40% of lint, 10% of water content), which was unchanged from October 31st.

Cotton enterprises

To raise the level of resources to raise the price of 0.05-0.15 yuan / kg, cotton farmers believe that this price is low, a little reluctant to sell psychology, cotton enterprises daily purchasing volume decreased significantly.

Recently, Xinjiang Korla, Akesu, Bachu's storage and storage points for storage and competition are fierce, and turnover is increasing.

It is understood that at present, Akesu, Kashi and other places cotton enterprises.

Seed cotton bank

The average purchase price is 9.0-9.1 yuan / kg (lint 40%, moisture less than 13%). The average purchase price of seed cotton stocks in Bachu, Sha Ya and other places of cotton enterprises is over 9.15 yuan / kg, while the cottonseed price has dropped to 1.75-1.78 yuan / kg. Therefore, unless the grade and moisture regain of the lint of public inspection are higher than 5% of the storage standards, the success of the storage is also a loss. At the same time, the high-grade seed cotton resources are becoming scarce nowadays, which is in line with the storage conditions.

lint

The proportion will continue to decline.

According to some ginning plants, the current storage has become the most important way to sell cotton, because in the short term, no matter the spot sales or futures, the matching warehouse receipts produce at least 600 yuan / ton of loss; if hoarding is not sold, after May 2012, the comprehensive cost of grade 3 lint will reach 22500 yuan / ton, even if the spot price has risen, the profit margins of cotton enterprises will be very small.

Therefore, at present, most enterprises are very active in storage. They believe that after the entry of high-grade cotton into the state treasury, the market resources will be reduced, and a good opportunity will emerge after March 2012.