The Cotton Market In Hebei Was Light In October 24Th, And The Price Of Hunan Seed Cotton Was Not Expected To Reach Cotton Farmers' Expectations.
Hebei
cotton
The market is light and cotton enterprises are struggling.
Recently, the cotton picking rate in Hebei province is about 90%, and the sale is only 30%. Most cotton is still waiting for sale in cotton farmers.
Each cotton area is deserted. There are few cotton shops on the road, and cotton enterprises are very few, which are quite different from those of previous years.
According to a cotton trader in Hejian, the quality of seed cotton in Hebei is poor, the quantity is small and the price is high this year. The 400 type enterprises are strict in the quality of the cotton they receive. Any index is unqualified and resolutely rejected. This year, the gap between seed cotton prices and cotton farmers' expectations is bigger. Cotton farmers are reluctant to sell more.
In October 24th, the mainstream purchase price of local 3 grade seed cotton was 4.15-4.20 yuan / jin (lint 37%, moisture regain below 13%). The 4 grade quoted price was 4.05-4.10 yuan / jin (36% of lint, 13% below moisture regain), and the total cost was 3.90-3.95 yuan / jin (the score of clothing 36%, moisture regain 13% below), all were equal to 23 days.
However, according to the 400 type enterprises, the quality of seed cotton is generally low this year. In addition, when the weather turns cold, a large number of new flower fibers are not yet mature. In order to protect the quality of lint processing, enterprises are going to buy cotton seeds in Xinjiang. The price is 8.5-8.60 yuan / kg, after long-distance pportation, the cost is as high as 9.20-9.40 yuan / kg.
At present, the cost of 329 grade lint cotton mixed with seed cotton and real estate seed cotton in Xinjiang is 20000-20100 yuan / ton, 428 level is 19700 yuan / ton, 427 level 19350 yuan / ton, and the storage profit is very limited, at 200-300 yuan / ton.
Type 400 enterprises have high cost inventories, tight capital turnover and reduced processing capacity. If downstream consumption can not get warmer, the delisting enterprises will continue to increase.
At present, the 200 small factories in the province or the low-end market, or the "acquisition station" of the storage enterprises, are only about 10% of the 200 enterprises launched by the state, and are controlled by the state.
policy
And the impact of market weakness predicts that next year there will be fewer.
This week, the price of 4 cotton lint in the province was 17700 yuan / ton (pick up, gross weight, take the ticket, the same below), 5 level 16700 yuan / ton, keep stable.
The sale target of small cotton is mainly small and medium sized cotton mill in the province. At present, the start-up rate of small cotton mill is only about 40%, and the purchase and sale of small cotton bags is very cold.
Hunan seed cotton price is not up to cotton farmers expect 400 type enterprises to purchase
In October 24th, Hunan, Yueyang, Hengyang and other lichens 37-38%, less than 13% of the seed cotton purchase price is basically 4.0-4.10 yuan / kg, cottonseed prices stable at 1.09-1.10 yuan / Jin, Changsha, Changde and other places, individual cotton enterprises clothing score of more than 38% cotton seed purchase price rose to 4.15 yuan / Jin, but still lower than cotton farmers' psychological expectations, high sentiment.
According to the estimated number of 400 enterprises in Hunan Province, the seed cotton sale in Yueyang and Changde was only 30-35% at the end of October 24th, while the picking rate of seed cotton reached about 55%. Because the main body of the purchase was 400 type enterprises, the progress of lint processing was faster, and the 4 grade cotton was almost entirely stored.
Due to the inactive sale of local cotton farmers and the accumulation of seed cotton by some cotton brokers, some of the 400 enterprises in Yueyang and other places were unable to start production because of the small amount of seed cotton purchase. These enterprises were forced to buy seed cotton in the fields or cotton farmers.
On the 24 th, Huarong and Lixian were selling 4 cotton bales at a price of 18700-18800 yuan / ton.
Cotton enterprises
Basically no profit, if the national reserve, plus short distance pport costs, loading and unloading fees, with the cost of public inspection, the whole package and other expenses, the 4 cotton paction price of 19500 yuan / ton, there is still about 300 yuan / ton profit.
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