Cotton Prices In Cangzhou, Hebei, March 21, 2013
The majority of Cangzhou in Hebei Cotton enterprises To stop the acquisition of seed cotton, the cotton enterprises that had planned to continue to purchase for a week also stopped the acquisition of seed cotton because of the weak seed cotton quality. As the state threw the store to the end of July, textile enterprises were not interested in purchasing cotton and cotton, and the cotton market was not eligible for cotton storage.
It is understood that the local cotton seed sale process is relatively fast. At present, the number of seed cotton retained by cotton growers is less and the quality is inferior. Cotton enterprises have found that when the market is selling good seed cotton, almost all the cotton seeds are sold out. The cotton producers are now selling a lot of seed cotton and stiff cotton, and cotton enterprises are unable to produce the lint that meets the storage requirements. Therefore, they often refuse to buy. The number of daily acquisitions is sometimes only a few thousand kilograms. The purchase price of the local 4 grade seed cotton is 4 yuan / jin (lint percentage 35%, moisture regain 11%). If the 3% loss is made, the processing cost is 600 yuan / ton, the 4 grade lint cotton production cost is 19000 yuan / ton, the grade of cotton storage and storage is 428 grade lint, and the storage profit margin is about 500 yuan / ton. Recently, the yarn market is flat and the sales have not improved greatly. The pressure of textile enterprises has not been reduced. For the purchase of raw materials, the textile enterprises are more concerned about the national cotton storage market because of the higher selectivity of the throwing and storing cotton market. The proportion of throwing and storing business on the previous day was 33.96%, which was 7.1% higher than that of the previous day. As the cotton business in the whole country focuses on storage in the whole year, the spot stock of real estate cotton is relatively small in the market, and the real estate cotton has a price free market trend.
There are no big bags in grade 4. Lint sales The price is 19000 yuan / ton (net weight from the lift ticket), the weak 4 level selling price is 18800 yuan / ton, the 5 grade cotton sale price is 17000 yuan / ton, the Xinjiang real estate 3 grade cotton quotation is 20500 yuan / ton, the Australian cotton SM level quoted price is 20600 yuan / ton, the American cotton M level quoted price is 19400 yuan / ton, the India S-6 cotton quoted price is 18700 yuan / ton, the Malian cotton quoted price is 19300 yuan / ton, all is equal yesterday.
Cotton by-product market shock finishing, some products fell into the market. Cottonseed oil The selling price was 7600 yuan / ton, down 100 yuan / ton compared with yesterday, the downstream demand of cotton oil is quite weak, and sales are weak. The sales price of the cottonseed oil factory can be discussed weakly downward in order to promote sales. The sales price of cottonseed meal is 2600 yuan / ton, unchanged from yesterday. Due to a round of replenishment of the feed industry after the Spring Festival, the supply of related meal products is slightly insufficient, so the price of cottonseed meal is relatively strong; the sales price of cotton lint is 3500 yuan / ton, and the sales price of cotton shell is 1000 yuan / ton, all of which are unchanged from yesterday. Cottonseed sales price of 1.26 yuan / Jin, down 0.02 yuan / Jin compared with yesterday, it is understood that cottonseed prices fell slightly, the main reasons are: first, seed cotton purchase is coming to an end, cottonseed output quality is weakened, cottonseed oil factory procurement to lower prices; two is cotton by-products weak collation, cottonseed oil manufacturers to buy cottonseed enthusiasm weakened; three, stop the acquisition of cotton enterprises intend to sell the last cottonseed as soon as possible, so as to carry out this year's settlement work. More than ten days before the end of the purchase and storage, most cotton enterprises in the region have stopped buying seed cotton.
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