Cotton Price Trend In Jizhou District Of Hebei In March 17, 2013

P > 2012/13 "a href=" http://www.91se91.com "" "http://www.91se91.com" > National storage < /a > is coming to an end. Recently, the cotton purchasing and processing enterprises in Jizhou, Hebei, began to turn their eyes to the domestic electronic disk market. Although the lower price of the cotton Deputy price dropped, the purchase price of the seed cotton declined, but the enthusiasm for the acquisition of the enterprises was not diminished, and the amount of the purchase remained stable.

According to the provisions of the national cotton temporary storage and reserve plan, the state's purchasing and storage work will be fully concluded by the end of March. The total volume of storage and purchase will reach 6 million 500 thousand tons, accounting for 85.53% of the domestic cotton output this year. It has set the highest record since the beginning of the state's purchase and storage.

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< p > < < a href= > http://www.91se91.com/news/ > ZHENG cotton futures > /a > for example, as of 14 days, the number of cotton warehouse receipts on the Zhengzhou Mercantile Exchange was only 138, the total amount of delivery resources was 5520 tons, but on the 14 day, CF1303 and CF1305 reached 23700 hands, and the unilateral calculation was 11850 hands 59250 tons, which provided material for the speculation of idle funds.

In the middle of December of last year, when CF1301 became more crowded, the price of CF1305 began to slow up again in the early March.

On the 14 day, CF1305 rose to 20400 points and dropped to 15 at the highest level in the morning. It rose to 20520 at 15, compared with 19960 in March 1st.

According to the cotton delivery rules of Zheng Shang, the 428 level premium is 500 yuan / ton, minus two yuan interest 200 yuan / ton, which is almost the same as the 4 level state purchase and storage price.

It is precisely because of this point that the enthusiasm of cotton purchasing and processing in the post storage period has not diminished. In the current market situation of sluggish spot sales, it wants to play its role in the electronic disk market.

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< p > recently, the city has 3 grades of seed cotton (37% of the lint percentage, 9% of the moisture regain). The bid price is 4.20-4.23 yuan / Jin, 4 seed cotton (lint rate 36%), the bid price is 4.03-4.05 yuan / Jin, and the flower price is 3.95-3.97 yuan / Jin, which is down by 0.02-0.05 yuan / Jin compared with the same period last week.

The reasons for the decline in the purchase price are: first, after the Spring Festival, the quality of seed cotton is reduced, and cotton enterprises have been reduced. Two, the price of cottonseed has dropped recently.

The sale price of cotton seed in the city was 1.26 yuan / Jin, 0.02-0.03 yuan / kg higher than that of the same period last week, and the sale price of two cotton lint was 3900 yuan / ton, compared with the same period last week, it decreased by 100 yuan / ton; cottonseed meal sales price was 2500 yuan / ton, compared with the same period last week, it dropped 50 yuan / ton; cotton shell sales price was 1000 yuan / ton, compared with the same period last week, it dropped 50 yuan / ton.

According to the attrition rate of 2% and acquisition processing cost of 600 yuan / ton, the cost of 4 grade lint is 18750 yuan / ton, and the delivery profit in the Zheng cotton futures market is close to 1000 yuan / ton.

As the low grade lint is more water (5 level discount 1300 yuan / ton), and the fiber length is more than 27 millimeters, it is impossible to register the warehouse receipt. Therefore, the cotton factory in this city stopped buying 5 grade seed cotton.

Although cotton prices have lowered the purchase price of seed cotton, the number of acquisitions has not declined. The reason is that up to now, less than 30% of the seed cotton has been sold.

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< p > near spring sowing, to raise funds for production of agricultural film, seeds, fertilizers, pesticides and so on, < a href= "http://www.91se91.com/news/index_c.asp" > cotton growers < /a > has not been sold as before.

Over the past week, the purchase of cotton enterprises in the city is more than 100 thousand jin, and the number of acquisitions is flat compared with the same period last week.

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