The Cost Of The Purchase Price Falls, But The Khmer Enterprises Continue To Postpone The Scale.
There are 28 cotton enterprises in Hebei province. Among them, only 10 cotton enterprises send more than 100 packages, and the remaining 18 cotton enterprises take a smaller number.
According to the test results, cotton quality is better, white cotton grade 3 is the main body, but due to the poor spot market in recent years, the cotton enterprises bought by the company have slowed down the pace of acquisition, and most cotton enterprises are still reluctant to scale.
Since the beginning of the new year, because of the abolition of the temporary purchase and storage system, the target price subsidy policy in the early stage of the mainland is not clear. The general message is that the state will give a quota subsidy to the cotton farmers in the main cotton producing areas of the Yellow River and the Yangtze River Basin. The farmers who subsidize the actual cotton planting will benefit from the actual cotton growers.
The general concept has no specific amount and specific implementation plan, so that the mainland cotton merchants and cotton farmers have no illusions about subsidies.
Some radical cotton enterprises started to buy their scales in mid and late 9, and the seed cotton prices were mostly 3.5--3.6 yuan / Jin, but as the market went down gradually, the cotton mills started to slow down the takeover of seed cotton, except for the cotton enterprises with orders in hand, according to the order sales, the remaining cotton enterprises all went into a loss.
At present, the purchase price has dropped to 3.2 yuan / jin (37% of the lint percentage, 12% of the moisture regain), and the acquisition of cotton enterprises is still more worrying.
According to the 3% loss and processing cost of 1000 yuan / ton, the sale price of cottonseed is calculated at 1.05 yuan / Jin, which is equivalent to 14900 yuan / ton of lint production cost, which is still higher than the price of 14300 yuan / ton of CF411 contract after the recent rise.
Affected by the poor sale of spot market, most cotton enterprises are difficult to sell lint. Therefore, cotton enterprises are gradually reducing the purchase price of seed cotton to control risks.
Unginned cotton
The price has dropped considerably, and the mentality of selling up has increased. At present, the local cotton purchase market is in a stalemate.
The cotton company, who has not yet opened the scales, said that after waiting for the "eleven" national day, the market would consider whether to open up the scale to buy.
According to investigation, most of the former
Textile enterprises
The main reasons for the failure to purchase are: first, it is difficult for the textile enterprises to operate, the cotton yarn market is still weak, the overall purchase and sale is light, and the high count yarn manufacturers are selling products, the inventory pressure of the products is large, and the raw materials are kept low inventory.
Purchase
Little will be done; two, the new flower will soon be listed in large quantities, and the falling lint market will result in delayed purchases or small batch purchases. Three, most enterprises are pessimistic about the market outlook, and the atmosphere is serious, purchasing is very negative, and orders are only produced. Four, the flow of funds in textile enterprises is slow, and the products are seriously overloaded, and the enterprises are unable to purchase.
Down 200 yuan / ton, compared with the same period last week dropped by 500--800 yuan / ton, the real cotton spot 3128 grade lint sales price of 15200 yuan / ton, 4128 grade lint sale price is 14700 yuan / ton, except for some cotton, there are almost no turnover, real estate cotton almost no deal, the quotation has no market trend, most of the people are pessimistic about the latter market situation. Although nearly 29 days, the cotton futures market on the two day was emphasized on the 25 national cotton teleconference to stabilize the cotton market, to crack down on futures speculation, and to guide the large cotton traders to actively enter the market, and many other factors began to rebound. 29 Local India cotton S-61-5/32 lint sale price is 15000 yuan / ton, compared with the day before yesterday.
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