Cotton Price Trend In Hebei, Xinjiang And Hunan In November 24, 2012

Dongguang District, Hebei, November 24, 2012

Hebei Dongguang cotton purchase in the late stage, cotton farmers will sell more, cotton enterprises actively purchase.

The local 4 class cotton purchase price is 4.12 yuan / jin (37.5% for clothing, 11% for the return tide), 3.95 yuan / Jin for the seed cotton purchase price of 35% clothing, and 3.5 yuan / jin (35%) for the 5 class cotton.

Cotton by-products rose slightly.

The sale price of cottonseed is 1.04 yuan / Jin, up 0.02 yuan / Jin compared with the previous day.

With the increase of delivery reserves, the number of high-grade lint in the spot has been reduced, and the national cotton store industry in the early stage of the textile industry has been gradually consumed, and the spot price of lint has increased slightly. The sale price of the cotton lint at the 4 level is 19000 yuan / ton (net weight lifting ticket), 5 grade lint 16700 yuan / ton, all of which are 200 yuan / ton higher than the previous few days, and the price of Zimbabwe lint is 19500 yuan / ton, which is 100 yuan / ton higher than the previous few days.

In addition, some cotton enterprises purchase no yards of lint for storage, and also boost spot prices.

Xinjiang's latest cotton prices in November 24, 2012

It is understood that, because the spot sale price of lint is at the same time as the cost, it will usually take more than half a month to withdraw money due to reasons such as the initial check list, the settlement sheet and the settlement queue. At present, some non-agricultural issuance enterprises in Bachu, Akesu and other places in Xinjiang are very anxious to acquire funds, so they do not have to cut down the purchase amount of seed cotton or even stop buying.

At the same time, in the current market

Lower grade, higher moisture and lower horse value. Some ginning plants lowered the purchase price of grade 3 seed cotton to 8.2-8.9 yuan / kg (40% lint, the same below), and the purchase price of grade 4 seed cotton dropped to 8 yuan / kg, and Korla grade 4 seed cotton even dropped to 7.7-7.8 yuan / kg.

The cotton farmers' "sell or not sell" sentiment rose, and they increased the intensity of the sale of flowers in the middle and later stages.

Recently, the purchase price of cottonseed in Akesu's surrounding oil factory was 1.92-1.94 yuan / kg, up by 0.02-0.03 yuan / kg compared with last week, while the purchase price of cottonseed from a little distance from Sha ya, Kuche and Ke Ping was 1.88-1.90 yuan / kg.

Oil companies generally believe that the recent domestic and foreign oil and meal prices are very unstable, there is a risk of large-scale fluctuations at any time, cottonseed purchase is also very cautious, most require cotton processing enterprises to deliver to the factory, a certain price a day.

Due to the continuous cooling of the southern Xinjiang since November, the temperature difference between day and night is large.

The moisture regain is larger, and the moisture content of cotton seed after harvest is generally over 10%. Therefore, some of them are adjusted from 24 hours to 12 hours, and only one class is processed during the day.

Hunan Huarong County cotton seed purchase of about 40%, affected by the rainy weather cooling, cotton farmers sell seed cotton is not positive, seed cotton prices decline.

At present, the purchase price of grade four seed cotton is 4.0-4.05 yuan / jin (lint 38, moisture 14), cottonseed price is 1 yuan / Jin, and lint is mainly stored and stored.