Hebei'S Cotton Market Is Low, And Enterprises Are Concerned About Purchasing And Storing Policies.

< p > it is understood that at present, Handan and Baoding have less than 90% of the a href= "http://www.91se91.com/news/index_c.asp" > seed cotton < /a > acquisition, of which about 70% have entered the national storage warehouse, and some of them have entered the spot and futures markets, but about 10% of the seed cotton remains in the hands of cotton farmers and a few processing enterprises.

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< p > according to the current situation, there will be two digestion channels for "stranded" cotton: one is cotton farmers for their own use; the two is bought by small processing plants, and then flows into small and medium sized cotton shops, < a target= "_blank" href= "http://www.91se91.com/" > textile < /a > enterprises.

However, in recent days, the market has gone down as a whole, and cotton spot prices have weakened.

In April 10th, the price of 3 class cotton in Handan area was 19200 yuan / ton (delivery, gross weight, and the same below). The 4 level quoted price was 18600 yuan / ton, all of which were equal to 7 days.

However, because the quality of enterprises can not be guaranteed, cotton companies prefer to bid for high priced national cotton stores, and there are few pactions in the spot market.

In addition, the local customs clearance of the United States cotton quotes 19200-19300 yuan / ton, Australia cotton 20400-20500 yuan / ton, are unchanged from 7.

Traders introduced the recent sluggish sales of foreign cotton, not only the port "pressure port" serious, traders in the hands of customs clearance outside cotton stocks are also generally larger.

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< p > at present, cotton enterprises < a href= "http://www.91se91.com" > cottonseed < /a > have larger stocks and realizable psychology.

It is understood that at present, Baoding cottonseed has a larger number of 400 enterprises accounted for 50%, the number is more than 100 thousand jin, and individual enterprises reached 500 thousand jin.

Meanwhile, the prices of cotton by-products dropped sharply. The price of local cotton oil and cotton lint fell by 200-300 yuan / ton, and cotton hull and cottonseed meal were in a moderate trend.

In April 10th, the quality of cotton seeds in Baoding, Hebei, was priced at 1.21 yuan per Jin, and the cottonseed with slightly inferior quality came to the factory price of 1.15 yuan / Jin, down by 0.05-0.06 yuan / Jin before the Ching Ming Festival.

According to market analysis, the price of cottonseed fat meal will be reduced mainly due to the weakening of the peripheral market. Although cotton seed is supported by cost, it will continue to decline if demand is not strong.

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< p > April 12th, Hebei Handan 4 grade seed cotton price quoted 3.85 yuan / jin (lint 37%, moisture regain 10%), weak 4 level quoted price 3.75 yuan / Jin, 5 above the unified flower price quoted 3.00-3.50 yuan / jin (according to the score of clothes quoted price), the overall price level dropped 0.02-0.05 yuan / Jin compared with 7 days.

"Not only the price has dropped, but also the market has obviously slowed down."

According to the relevant person in charge of a company.

The mainstream enterprises of seed cotton processing have stopped collecting, and only a small number of 200 enterprises have been reluctant to maintain acquisitions.

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< p > recently, some departments revealed that the new year purchase policy has been approved by the State Council and will be issued in the near future. The market is very concerned about this.

Some people in the industry predicted that the a href= "http://www.91se91.com/news/index_c.asp" cotton subsidy should be tested in some key areas. It is estimated that seed cotton prices will rise to 4.30-4.40 yuan / Jin next year.

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