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Cotton Seed Price In Hebei Is In The Late Stage Of Cotton Storage And Storage.

2012/3/9 16:11:00 21

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The Number Of Purchase Price For Storage Market

In the late stage of the 2011/12 cotton purchase and storage in the state of Hebei, the purchase price and purchase quantity of seed cotton both in Jizhou and its surrounding areas have declined, and cotton enterprises are generally pessimistic about the market after the end of the storage.

There are 17 trading days at the end of the distance storage. The state has included 2 million 750 thousand tons of cotton, which accounts for 40% of the total output in the year, into the reserve series, that is to say, the corresponding amount of circulation has been reduced synchronously on the market.

According to convention, cotton prices should rise sharply in the late market.

However, for a long time, textile enterprises are suffering from RMB appreciation and labor costs rising.

Textile raw materials

The cost, the loss of orders, the heavy pressure of funds, and the reduction of yarn and cloth products and the unsatisfactory sales conditions caused the interest in purchasing the national cotton greatly reduced.

The cotton enterprises in this city think that the cotton prices in the late stage of the year are difficult to rise. Therefore, in the late stage of the national storage and purchase period and the decline of the quality of seed cotton, the purchase price and purchase quantity of seed cotton have been cut down, so as to reserve no sequela.

On the 7 day, most cotton mills in the city reduced the purchase price of 4 grade seed cotton to 3.83 yuan / Jin by 36% of the linen percentage and 9% of the moisture regain (the same below), and lowered the share price below 35% and below the linen percentage to 3.72 yuan / kg, down 0.03 to 0.05 yuan / Jin compared with the same period last week.

From the recent acquisition situation, the number of acquisition of cotton enterprises has declined, of which the number of daily acquisitions by Dachang is about 120 thousand jin, and the small factory is 80 thousand jin, which is about 20% lower than that of the same period last week.

Since entering the late storage period, with the reduction of seed cotton purchase in the city, cottonseed sales prices showed a slight upward trend. On the 7 day, cotton seed prices in the city rose to 1.03 yuan / Jin, up 0.04 to 0.05 yuan / Jin compared with the same period last week.

If the wastage rate is 2% and the cost is 600 yuan / ton, the cost of grade 4 lint made by the cotton mill is 18150~18300 yuan / ton at present.

profit

Considerable.

Spot sales, 7, the city's 3 grade real estate cotton

Sale

Quotation (delivery price, public settlement, ticket, the same below) 20000 yuan / ton, 4 grade real estate cotton 18950 yuan / ton, 5 class 17000 yuan / ton.

Among them, the market mainstream grade 4 class real estate cotton sale price drops 50 yuan / ton compared with 5 days, the remaining class sale price maintains stable.

The cotton market in the city was not out of the doldrums. The spot market was sporadic and difficult to sell.

In terms of storage, three stores in one of the local banks are in full storage and another is in a state of suspension, resulting in a significant decline in the number of pactions recently made.

This year, the state's purchase and storage will be concluded. The cotton enterprises in this city are careful to operate. They do not want to pay more for the overshoot, but also do not want to overcharge or sell the stock.