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    Hebei Cangzhou Cotton Oil Factory Shut Down, Prices Of Products Are Mixed.

    2013/5/12 19:24:00 17

    HebeiHebei ClothingClothing

    < p > recently, the seed cotton market in Cangzhou city of Hebei province basically stopped collecting. Cotton growers are intensifying the spring sowing work, and the number of cottonseeds on the market has been greatly reduced.

    The price of cotton seeds in Cangzhou, Xianxian County, Wuqiao, Cangxian and Hejian reaches 1.20-1.25 yuan / Jin.

    Zhang Jun, an oil extraction plant, said that the stock of cottonseed market has been reduced recently. Although the oil factory has not yet encountered the problem of having money to buy goods, the cotton processing enterprises in the upper reaches will have a strong desire for price, and most cotton enterprises will rather sell the storehouse.

    "Squeezing a ton of cottonseed enterprises net loss of 50-100 yuan, most enterprises are afraid to start."

    Zhang is worried about the current situation of oil squeezing, and their business has been suspended this week.

    According to the briefing, the current downstream cotton vice market is not good enough, and the upstream cottonseed price is still high.

    As of 8 days, the operation rate of the oil extraction plant in the area has been less than 10%, and even a large number of factories have been migrating to Hunan, Hubei and other places to crush rapeseed oil.

    < /p >


    < p > most cottonoil plants reflect the recent drop in cotton and oil prices.

    On the 8 day, the main export price of cotton oil in Cangzhou and surrounding areas was 6950 yuan / ton, down 50 yuan / ton compared with 7 days, and basically in a state of being unsalable.

    "50% of enterprises basically have the stock of cottonseed oil, and they will lose money if they sell it. If they do not sell it, there will be no bottom."

    Zhao Zhao, manager of a cotton oil plant, said that because the market price of cotton oil has been below the cost price, "selling or not selling" is a dilemma.

    He analyzed that there were two main reasons for the recent decline in cotton oil prices: first, the sharp drop in international crude oil prices, dragging down the price of soybean oil, rapeseed oil and blending oil, and causing price pressures on cottonseed oil; two, with the rising temperature, the demand for oil was in the off-season, and this year the state cracked down on the "eating and drinking wind", and the oil market remained depressed.

    According to his estimate, cotton oil is unlikely to turn over in the short term.

    Similar to cottonseed oil is cotton lint.

    The local cotton lint market is still in a low slump.

    On the 8 day, the mainstream price of local cotton lint (two velvet) was 3300-3400 yuan / ton, down 50 yuan / ton compared with 7 days.

    At present, the stock of cotton short pile is not very large. The oil factory has a relatively stable mentality and a strong desire for price.

    < /p >


    < p > however, cotton pulp market is better.

    On the 8 day, the local 40% protein cottonseed meal quotes 2650 yuan / ton, and the mainstream price of 42% cottonseed meal is 2800 yuan / ton, and the overall price level is up 50 yuan / ton compared with 7 days.

    It is understood that the recent cottonseed meal market is strong, enterprises and distributors are optimistic about cotton meal market.

    First, the cotton oil plant shut down more, cottonseed meal production rate decreased, the market supply and demand is more balanced; two, with the increase of temperature, the northern region aquaculture is gradually started, the demand for cottonseed meal is increasing; three, the market expects the later cottonseed meal supply to reduce, and the dealer inventory psychology grows stronger.

    < /p >

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