Xinjiang Seed Cotton Purchase Price Rose Again, Some Cotton Enterprises Stopped

11-12 October,

Most cotton seed purchase prices continue to rise, the purchase price of seed cotton in Aksu West Bridge, Awati, Sha Ya and other places are concentrated in 6.20-6.30 yuan / kg (40% lint, 11% moisture), the highest purchase price has exceeded 6.60 yuan / kg (individual factory purchase price reached 6.70 yuan / kg left right).

The purchase price of seed cotton in Bachu and Mengaiti has also accelerated in recent days. The highest purchase price of cotton seed with 43% and above has reached 6.40-6.45 yuan / kg, and it has been raised by 0.50-0.60 yuan / kg for only 4 or 5 days.

Korla cotton seed cotton purchase price is relatively stable, the increase is limited.

In October 12th, the purchase price of seed cotton in Yuli, Pu Hui and other places was 5.60-5.80 yuan / kg (40% lint, 11% moisture), and the highest purchase price did not exceed 6 yuan / kg.

In Kashi, Bachu, Mengaiti and other places, the purchase price of seed cotton is directly following the Akesu market. Cotton brokers are no longer able to sell. Therefore, some cotton enterprises in West Bridge, kping and Awati are trying to buy cotton seeds from Korla four counties and Yuli to pport them to Akesu. The cost of pportation and pportation is estimated to be about 0.50 yuan / kg.

Recently, the reasons for the rising price of seed cotton are mostly due to the support of the Agricultural Development Bank and credit cooperatives, and the acquisition of cotton enterprises. The cotton seed market has been postponed and the harvest date has been delayed this year, resulting in a serious disconnection between production capacity and output. This has led to the phenomenon of raising prices and collecting profits in Akesu, Pakistan and other places.

In addition, the paction price of lint inner territory platform increased by 200-300 yuan / ton, and the small and medium-sized cotton textile enterprises that purchased lint in the mainland in the short term increased significantly.

There are also some cotton enterprises worried about "cash in cash" loans issued by the Agricultural Development Bank and credit union, and tried to get rid of them by actively picking up seed cotton.

Some cotton enterprises in Akesu began to watch cotton market and stop buying. If the seed cotton purchase price is 6 yuan / kg (40% lint, 10% moisture), cotton seed 1.60 yuan / kg, the comprehensive cost of the 2128 and 3128 grade cotton enterprises sent to the platform is about 14000 yuan / ton, and the price is flat with the cost. If we take into account the cost of capital interest and depreciation of machinery, the price of lint cotton has been "upside down", so we would rather not accept or lose money.

Wenling: cotton price volume falls

Another year when cotton matures, more than 3000 mu of cotton planted in Wenling has entered the new cotton picking season.

Compared with last year, cotton prices fell this year, so that many cotton farmers at the same time, harvest less joy.

The cotton is mainly distributed in the hall of the mouth of the Hengshan tablet in the south of the town, surrounded by two villages in Huang Wan and WAN Tang.

Zhang Liangen, a cotton grower in Huang Wan Village, told me that due to the rainy weather and typhoon "phoenix" this year, cotton lodging and black bolls (heavy cotton bolls) were more serious, resulting in a reduction in yield and yield of only more than 200 Jin per mu.

Compared with the previous year's 400 kg per acre, it was reduced by about 40%.

The selling price also dropped from 4.6 yuan per catty to 4.1 yuan in the same period last year, a drop of 10%.

Because of the low cotton purchase price this year, cotton growers are not enthusiastic about the sale of new cotton. These days they put the newly picked seed cotton drying piled up at home and expect prices to rise.

China cotton price index CC Index and factory price (10.13)