November 30, 2012: Cotton Market Prices In Shandong And Anhui

The price of cottonseed in Dezhou and Linqing has been increasing for several days in Shandong Province, and the factory price of local cottonseed is 1.13-1.16 yuan / Jin, up by 0.08-0.1 yuan / Jin last week.

The continuous rise of cottonseed prices has played a positive role in the purchase of local seed cotton. The purchase price has also been adjusted to the rising fine tune, and the daily purchasing volume has also increased significantly. Up to now, the average purchase price of seed cotton in Dezhou is about 36%, and the moisture regain rate is 12%, which is about 4.05 yuan / Jin.

With the four level as the main factor, the purchase amount of seed cotton has increased recently, and the purchase amount of seed cotton in Wucheng county is 10-15 kg.

Seed cotton mainly comes from local, Hebei and Tianjin.

Individual enterprises bought some 3 grade cotton from Xinjiang, and the amount of purchase was reduced.

Local cotton enterprises reflect that the current acquisition processing cost is basically the same as the reserve price. If interest is added to the bank, the acquisition processing is in a state of slight deficit.

At present, the overall acquisition progress of Dezhou is around 40%.

The overall purchase of seed cotton is steady, orderly and hot, and the price of cottonseed is rising, so that the buyout companies are actively selling at a price, and the return of funds has become more rapid, forming a good acquisition cycle.

November 30, 2012:

The 400 type enterprises in Shandong Heze area are strict in quality, while the price gap between seed cotton and cotton farmers is relatively large.

At present, the acquisition price of the 200 type small plant is 3.7-4.0 yuan / jin (36% of the lint percentage, 11% of moisture regain).

The spot price is lower than the reserve price, and the cotton enterprises are the main ones. The downstream demand is not good, so the spot business is light.

Recently, the mainstream purchase price of local 3 grade seed cotton is 4.0-4.2 yuan / jin (37% of lint, 11% of water); 4 level quotation is 3.9-4.0 yuan / jin (36% of clothing, 11% of water), the same as the day before yesterday.

The 328 grade lint cost is 20000-20100 yuan / ton, 428 class 19700 yuan / ton, 427 level 19350 yuan / ton, the storage profit is 200-300 yuan / ton, the enterprise stock is many, the capital turnover is intense.

November 30, 2012: cotton prices in Susong, Anhui

The purchase of seed cotton is coming to an end in Susong, Anhui, which has acquired about 90%.

At present, the purchase price of grade four seed cotton is 4.1 yuan / jin (lint 37-38, moisture 13), and the price of cottonseed is 1.07-1.08 yuan / Jin.

November 30, 2012: cotton prices in Chizhou, Anhui

Anhui Chizhou cotton seed picking 80%, but cotton farmers reluctant to sell, some cotton farmers have not sold a catty.

As cottonseed prices rebounded, enterprises raised the purchase price of seed cotton.

Recently, the local 4 level.

The purchase price is 4.2 yuan / jin (lint 38%, moisture 11%, impurity 1.3%), 3 level 4.3 yuan / Jin.

Cotton enterprises still reject grade 5 seed cotton.

The spot market is unsought after. There is no market price. First, the acquisition and processing costs of cotton enterprises are higher than spot prices. The two reason is that there is a guarantee for the return of storage funds, and the return of funds sold to textile mills is relatively difficult.

Local spot quotation is stable, 3 level 19200 yuan / ton (delivery, net weight, with tickets), 4 level 18700 yuan / ton, 5 level 16500 yuan / ton.

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