Cotton Sales Dropped And Prices Showed A Downward Trend.
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< /span > < p > close to the end of the state's collection and storage. More than 80% of the ginning plants of the "a href=" http://cailiao.sjfzxm.com/Matertial/show/default.aspx > Hebei Handan < /a > have stopped buying seed cotton and are stepping up their inventory clearance.
"We must not let cotton drop in hand, but how much more people can sell."
This is the prevailing mentality of local ginning plants.
Wang, general manager of a storage and storage enterprise, said that most of the cotton ginning plants in their area had not stored cotton yet, but the cottonseed inventory was large, and the enterprises were "promoting".
The main three channels of sales of leather cotton are: one is to improve the quality of the quality, can reach the standard of delivery and storage, can guarantee the profit; two is to speed up the spot market, sent to the surrounding Shijiazhuang, Gaoyang and Shandong parts, contact some small blended enterprises low price sales; three to sell special cotton merchants.
According to Wang, the spot price of lint has been relatively low, but most of them are willing to "cut meat" for sale as soon as possible.
ZaN China Feed Industry Information Network - based on feed, service animal husbandry < /p >
< p > 13, local weak 4 class real estate spot mainstream quotation 18500-18600 yuan / ton (pick up, gross weight, take the ticket, the same below), 5 level 16900 yuan / ton, compared with yesterday's 100 yuan / ton decline, compared with last Friday fell 200-300 yuan / ton.
Because of the low inventory of lint and the active sale of foreign cotton by enterprises, the market is very light. Many enterprises are worried about "sub cotton" smashing their hands.
At present, the local 80% enterprises have cottonseed inventory, and stocks are basically above 100 thousand jin, and some large enterprises reach 1 million jin.
ZaN China Feed Industry Information Network - based on feed, service animal husbandry < /p >
< p > recently, cottonseed prices have continued to decline, due to the impact of downstream a href= "http://www.91se91.com" > cotton oil < /a >, cottonseed meal dropping and enterprise "selling".
On the same day, the mainstream quality of cottonseed prices was 1.26 yuan / kg, and the quality of cottonseed was 1.20 yuan / Jin.
Market participants predict that cottonseed will fall more or less in the near future.
The basis is: first, after the Spring Festival, China's oil and oil consumption is off season, traders do not have enough psychological stocking and have a large sales pressure on the upper cottonseed. Two, this year, most local cotton oil squeezing enterprises are losing money and production capacity is declining. The number of cottonseed oil plants in the first half of this year may continue to decrease. Three, the situation of oversupply of cottonseed is difficult to change in the short term.
Due to the forecast that cottonseed will continue to fall, the cotton seed market is at a stalemate, while cotton enterprises are selling meat, but downstream users insist on "buying with their own use", and the market is fragmentary.
On the same day, local enterprises feedback, seed cotton prices fell slightly, the 4 level mainstream price 4 yuan / jin (lint 37%, moisture regain 10%), weak 4 or more flowers 3.85 yuan / Jin, all fell 0.02-0.03 yuan / Jin yesterday.
Because most enterprises have stopped buying, cotton farmers' sale has come to an end.
ZaN China Feed Industry Information Network - based on feed, service animal husbandry < /p >
< p > according to the understanding of the local a href= "http://www.91se91.com/news/" > cotton growers < /a >, the quality cotton seeds in the hands of cotton growers have been basically sold out. Most of the remaining cotton is stiff cotton, rain rust flower and mixed grade cotton, and the overall quality level is below 4 level.
"It's not that we don't want to sell, but we simply can't buy it."
This is a common feeling of local cotton growers. Lao Liu, a cotton grower who has been planting cotton for many years, says he still has more than 3 thousand jin of seed cotton in his hand because of poor quality and can not be sold at all.
After he plans to buy and store the country's stocks, perhaps the 200 type enterprises with special cotton harvest will be willing to purchase, and then wait for the price to sell.
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Cotton Plunges Into New Shocks And Pays Attention To Bargain Buying Opportunities
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