Cotton Prices In Jiangsu, Jiangxi And Shaanxi In November 22, 2012

November 22, 2012: Yancheng, Jiangsu

Since the middle of this month, the price of seeds and lint in Yancheng City county (city) area of Jiangsu's cotton main production area has been slightly adjusted.

At the three level, when the seed cotton is on the market, the linen percentage is about 37%, and the bid price is 500 yuan per 4.10 yuan, which is 0.10-0.20 yuan less than two or three weeks ago.

The price of the three grade lint to the factory has risen to more than 19000 yuan per ton, and the net price is about 18800 yuan, which is two yuan or three hundred yuan higher than that at the end of last month.

November 22, 2012: cotton price dynamics in Jiangxi

The cotton seed picking process in Jiangxi province has reached 80%, and the acquisition rate of cotton enterprises accounts for about 60% of the total picking. The proportion of grade 4 cotton is about 75%, and the local 400 type enterprises are able to ensure the storage and storage, take the strategy of acquiring cotton seeds first after bidding, in order to meet the storage quantity, they have to rush to harvest seed cotton, the 3 grade seed cotton price is 4.37 yuan / jin (lint 39-40%), the flower price is about 4.2 yuan / Jin, the photon price is 1.11 yuan / Jin, the cotton enterprise's storage profit is close to 400 yuan / ton; the 3 grade real estate cotton spot price quoted is RMB yuan / ton (with the ticket, the same below), and the bid price of the 3 class is between yuan yuan / ton, which is up by last week about RMB yuan / ton. As of November 20th

Recently, the sales of cotton yarn in textile enterprises are still sluggish, and the funds are slow to return. The enterprises are trying to reduce the inventory of products. Many of them sell the yarn to the field sales enterprises. A local company sold to Zhejiang, with a turnover of about 500 thousand yuan, the cash settled only 100 thousand yuan, the remaining accounts were in 15-30 days, and the 40 cotton YISHION yarn was the best seller, the price was 28500 yuan / ton, and the profit of textile enterprises reached 1000 yuan / ton.

November 22, 2012:

At present, the inventory of products in Shaanxi textile enterprises is serious, some enterprises have limited production and the amount of cotton has been reduced.

The appearance of this phenomenon has led to the cold spot sale of cotton spot market.

Now, Shaanxi's real estate prices are 18500 to 18800 yuan per ton, and Xinjiang cotton is on the spot market in Shaanxi. The price of the 229 grade cotton is 20000 yuan / ton, the 329 level price is 19800 yuan / ton, and the 429 level price is 18900 yuan / ton.

Cotton by-products in the Shaanxi market have also been on the decline recently.

From the initial purchase price of 1.20 yuan / Jin, it dropped to the current 1.03 yuan / Jin; three grade cotton oil fell from 8200 yuan / ton to 7400 yuan / ton; cottonseed meal (42% protein content) dropped from 2800 yuan per ton to 2400 yuan / ton; 2 type short linen dropped from 4200 yuan / ton to 3800 yuan / ton.

Up to now, cotton by-products have not yet started to show signs of stability.