Hebei Baoding Cottonseed Price Rebounded &Nbsp, Jizhou Seed Cotton Prices Decline
November 17th, Hebei
Baoding
Cotton seed prices rebounded, seed cotton
Price
With the stabilization, most of the 200 enterprises stopped buying, and 400 cotton enterprises actively bought seed cotton for storage.
At present, the price of local 3 grade seed cotton is 4.10 yuan / jin (38% of lint, 13% of moisture regain), 4 level 3.90 yuan / jin (lint 37%).
Regain
Less than 13%), both were flat with 11 days, the daily purchase volume was 3-5 Jin; the cottonseed price was 1 yuan / Jin, up 0.06 yuan / Jin, if 2% loss, processing cost 500 yuan / ton, the cost of 3 grade lint was 18920 yuan / ton, 4 grade 18420 yuan / ton, and cotton enterprises have certain profit margins.
Since Monday, the quality of seed cotton purchased by cotton processing and purchasing enterprises in Jizhou, Hebei has declined. The cotton mills in this city have to make corresponding reduction in the purchase price and reduce the number of acquisitions to ensure that the processed lint can be successfully delivered to the store.
According to some cotton processing and purchasing enterprises in the city, they found that a small amount of soft white cotton mixed with seed cotton was sold on sale 14 days since this month. This part of seed cotton was caused by ethephon in the early stage of cotton farmers in the city, and 26 mm length appeared in the lint samples, and the C1 value was also detected at the same time.
According to the relevant policy of the state's purchase and storage of cotton this year, this part of lint can not be stored.
In order to raise the pass rate of storage and storage, the cotton plant in this city began to reduce the purchase price of seed cotton recently, strictly control the quality of the purchase and strictly control soft white cotton, so the number of acquisitions decreased.
Since the beginning of the afternoon of 16 to 17 a.m., the city has been raining down and the processing of seed cotton has been blocked. The cotton plant has decided to make a reduction in the current market mainstream 4 grades of seed cotton (37% of the lint percentage and 11% of the moisture regain) after the weather improves. The price of the flower (lint percentage 35%) has been lowered to 3.65 to 3.70 yuan / Jin, which has dropped to 3.65 yuan to Jin Yuan per Jin, compared with that of the first day. The pricing principle is that the linen percentage varies by 1% to 1 yuan per kilo, and the daily purchase quantity before the rain is basically controlled by about 17 kg.
reduce
20%.
17, the sales price of cottonseed rose slightly to 0.98 yuan / Jin, up 0.05 to 0.07 yuan / Jin compared with 14 days.
According to the loss rate of 2%, the cost of 600 yuan / ton and above different grades of seed cotton purchase price and cotton seed sales price, the cost of the 4 grade new cotton discount is 17700 yuan / ton.
The sale price of 4 grade lint (which is not restricted to the storage part) is 18400 yuan / ton in the spot market of the city, which is only limited to the storage price. The 5 level quoted price is 16700 yuan / ton, although the price is stable but the paction is rather cold.
According to the state's policy of temporary collection and storage, even if the grade 427 lint is qualified, the settlement price will be 19008 yuan / ton if it is eligible for storage. Relatively speaking, the profit margin of storage and storage is bigger, and the rate of return is fast and capital turnover is dominant. This is certainly the first choice for cotton factories.
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