Jizhou Cotton Prices Stabilize Cotton Farmers Reluctant To Sell &Nbsp; Spot Quotes Rise
Recently, the key production of the black dragon river basin in the southeastern Hebei Plain
Cotton region
One of the seed cotton purchase prices in Jizhou, Hebei province remained stable, but relatively low prices triggered some cotton farmers' psychological conflicts, which led to a slight increase in the number of cotton acquisitions.
Yesterday, the number of Hebei Jizhou was very small, and the lint rate was 38% weak 3.
Unginned cotton
(moisture regain 10%, the same below) the offer price 4.00-4.05 yuan / Jin, the lint rate 37% of the mainstream grade 4 seed cotton purchase price 3.80 yuan / Jin, lint rate 36% flowers.
offer
For 3.70 yuan / Jin, the price has remained relatively stable since Monday.
In the same period of 2010/11, the seed cotton purchase price of the city began to slide from 7.30 yuan to 7 kilograms, but the price still reached 7 yuan / Jin level. This is unmatched at this stage of the year. In addition, this year's cotton planting costs, labor employment and so on are higher than the previous year's reasons, resulting in the cotton farmers' main street of Li Zhen, Nan Wu Village, wharf Li Zhen, gate Zhuang Township, Xujia Township and Xiao Zhai township.
Judging from the acquisition of cotton enterprises in the city since Monday, the number of Japanese buyers on a larger scale was 200 thousand jin, and the largest daily purchase volume for small factories was about 120 thousand jin, although it increased by 20% over Monday, but the increase was not large.
It seems that if cotton mills want to buy freely, they must raise their prices to attract the attention of cotton farmers.
However, cotton mills do not think so. Their point of view is that at present, seed cotton resources are as long as they can maintain a certain amount of purchase, which can be supplied for storage. Two, the prices of cotton by-products and seed cotton purchase prices are interrelated. If the sale price of cotton by-products fluctuates greatly, seed cotton purchase will be hard to protect, so it is not yet up to the price hike.
Yesterday, the sale price of cottonseed in the city was 0.90-0.92 yuan / Jin, the price of cotton oil was 7500 yuan / ton, cottonseed meal price was 1800 yuan / ton, and II road cotton lint price was 4400 yuan / ton, which was flat compared with that of Monday, and to a certain extent, it stabilized the seed cotton purchase price.
According to the loss rate of 2%, the cost of the cost 600 yuan / ton and above, the price of cotton seed and the sale price of cotton seed, the cost price of the weak 3 grade cotton fold is 19000 yuan / ton, and the cost price of the 4 grade cotton fold is 18170 yuan / ton, and the enterprise has a certain profit margin.
With the increasing number of storage in Xinjiang and the mainland, the number of high-grade resources in the market has been decreasing. Some of the more aggressive cotton processing enterprises in the city have quietly increased the spot sales quotations, so that prices will go up after the end of next year's storage.
On the 15 day, there were very few weak 3 grade lint sale quotations in the city (limited to the unqualified storage portion, the delivery price, the fixed settlement, the same ticket), 19900-20000 yuan / ton, up 600 yuan / ton compared with 12 days; the mainstream 4 grade real estate cotton sale price was 18700~18900 yuan / ton, 12 yuan higher than 400 days, 400 yuan / ton, 5 level price 16600 yuan / ton, was equal to that of the first day.
In the spot quotation, the weak 3 level quotation exceeds the reserve price, while the 4 level quotation still has a certain distance than the reserve price.
However, the textile enterprises in Shandong, Jiangsu and Zhejiang, which are the main sales areas of the city's cotton, are not optimistic because of the continuous decline in the prices of downstream products. Moreover, some textile enterprises have limited production and stop production, which greatly limits the purchasing power of textile raw materials, which has cast a shadow over the current spot price of the city.
- Related reading
Xinjiang's Takeu Seed Cotton Purchase Price Dropped &Nbsp, The Market Panic Aggravated.
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