Introduction Of Cotton Purchasing Market In Jiangxi And Anhui

Pengze, Jiangxi

Jiangxi Pengze cotton production accounts for 1/3 of cotton output in the whole province, the county cotton planting area of 2.4 million mu, seed cotton average yield per unit area 506 Jin, total output 23 thousand tons, basically the same as last year.

The average cost of cotton cultivation is 640-800 yuan / mu except for artificial wages.

Affected by the typhoon in August, the cotton lodging in the middle and lower reaches of the Yangtze River was severe, and the grade and yield of seed cotton were affected to varying degrees. The local 4 grade seed cotton accounted for 60%, the grade 5 accounted for 25%, and the 3 grade accounted for only about 8%, which was about 30% lower than that of last year.

According to this year's national storage price of 4.2 yuan / Jin, cotton growers earn 1300 yuan or more yuan per mu. The average monthly income of 6 mu per mu is 700 yuan, and cotton farmers' enthusiasm for planting cotton is not high.

In order to protect the interests of cotton farmers, the China cotton reserve management company has launched a new round of purchasing and storage policy. Among the 36 cotton processing enterprises in Pengze, 12 of the 400 enterprises are involved in the acquisition. Most of the 200 types of enterprises have closed their wait-and-see. Up to now, they have purchased about 65 thousand tons of seed cotton and 25 thousand tons of cotton lint.

Due to the relative concentration of local purchasing enterprises, the phenomenon of rush to harvest seed cotton is serious, and the purchase price remains high. In November 28th, the purchase price of the unified flower was about 4.23 yuan / kg (38%), which was 0.1-0.13 yuan / kg higher than that in the surrounding area, and 1.10 yuan / kg of cottonseed. The cost of 4 grade cotton processing was between 19200-19400 yuan / ton, plus freight and other expenses. The cotton enterprises' storage profit was 300-400 yuan / ton, lower than last year's 700-800 yuan / ton.

28, the local spot market 3 cotton quotes at 19200-19400 yuan / ton, 4 level in 18800 yuan / ton, and spinning enterprises can withstand the price far from it.

Jiangxi Province

The operating rate of enterprises is less than 50%. When a reporter interviewed a local company with a good scale of operation and a spinning scale of 30 thousand spindles, it was learned that the company sold better 40 cotton and 16 cotton yarn, of which 40 were delivered at 27500-28000 yuan / ton, 16 at 24500 yuan / ton, the profit was between 800-1000 yuan / ton, the first payment was 60% cash, the balance account period was about a month, the raw material inventory was about 20 days, and the cotton yarn inventory was about 80 tons.

From east to lint, Anhui has a spot price of less than half the sale of seed cotton.

As the cottonseed meal and cottonseed oil market stabilized, as of November 26th, the price of cottonseed oil in eastern Anhui was 7500 yuan / ton, cottonseed meal was 2300 yuan / ton, short staple was 3700 yuan / ton, cottonseed price was 1.10 yuan / Jin, slightly increased by 0.02 yuan / Jin, the number of callers who ordered cotton seeds increased significantly last week, and cotton enterprises were willing to sell at a price.

With the cotton seed market turning better, cotton companies have raised the purchase price of seed cotton. It is understood that as of November 27th, the purchase price of the 4 grade seed cotton was 4.20 yuan / kg (38% of lint, 11% of moisture and 1.3% of impurities), 3 of which was 4.30 yuan per Jin, and the daily purchase amount of cotton enterprises was over 100 thousand jin.

In the past week, the local weather has been mainly rainy and rainy. The highest temperature is about 11 degrees Celsius, which has a certain effect on seed cotton picking and drying, and seed cotton purchase can not run normally.

On the 28 day, the weather began to clear up, and the air temperature rose rapidly. The seed cotton purchase returned to normal. However, due to the long rainfall time, the cotton seeds picked by the cotton growers could not be aired, and the cotton traders could not deliver the goods because of the rain.

It is understood that the current cotton seed picking process has reached 80%, but because cotton farmers reluctant to sell in a stronger sense, resulting in seed cotton sale progress can not be synchronized, some cotton farmers to sell the progress of about 50%, but some cotton farmers have not been sold for a pound, and some cotton farmers said to the left of the Spring Festival to sell again, in a wait-and-see state.

At present, the local spot market is still unoccupied and is still in a state of no market price.

The main reason is that the acquisition and processing costs of cotton enterprises have been higher than the spot market quotations. Local cotton enterprises basically choose to store and store to ensure a small profit, coupled with difficulties in sales of textile enterprises, capital chain breakage, and spot purchase and sale seldom.

As of November 27th, local stock.

The price is stable, the 3 level is 19200 yuan / ton (delivery, net weight, with tickets), the 4 level is 18700 yuan / ton, and the 5 level is 16500 yuan / ton.