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    Hubei Tianmen Cotton Picking Is Coming To An End And Actively Selling

    2014/11/5 10:29:00 22

    CottonEndSale

    In Hubei Jingzhou, public security, Zhijiang and other places came to the cotton farmers reluctant to sell news, most of the Tianmen cotton farmers are actively selling.

    According to the silver cotton industry

    information

    The center understands that the main purchase price of local cotton seed is 3.25-3.28 yuan / jin (white cotton grade 3, lint 40%).

    It is understood that this year's capital and acquisition market uncertainty, local 2/3 cotton enterprises have yet to scale.

    "This year, there are only a dozen or so 400 processing plants in Tianmen, and only 4 factories have received loans from the agricultural development bank. Most of the other big factories are self financing, and at least 6 million of them are ready to buy."

    Tianmen, a cotton enterprise official revealed.

    At present, local cotton picking is coming to an end, and 70% of cotton farmers have been on sale. Although the market has been rumored that there are subsidies in the mainland, after a short visit, the local cotton farmers have no hope of subsidized policies, and actively sell flowers to the norm.

    In addition, the local production reduction this year is fierce, the market quality seed cotton is less, late purchase price is rising.

     

    Jiangsu people in November 4th

    Cotton yarn

    able to achieve stability

    In November 4th, the price of Jiangsu cotton yarn was stable.

    At present, Suzhou people's cotton yarn 30s is now quoted at the market price of 15600 yuan / ton, and the price of Nantong cotton yarn 10s is now 14500 yuan / ton, and the yarn market is still flat, and the price is low.

    Domestic polyester filament market price weakened in November 4th.

    In November 4th, the domestic polyester filament market was stable and weak. Most factories were mainly offering stable quotations, and some of them dropped slightly. For example, the POY of Xiaoshan spinning factory has been reduced by 100 yuan / ton, and the Shaoxing area FDY also has a reduction of 50-100 yuan / ton.

    At present, the market price of POY (150D/48F) is between 8400-8900 yuan / ton, and the price of FDY (150D/96F) is 8700-8900 yuan / ton.

    The weakening of raw material market,

    demand

    The market atmosphere is generally low, and the overall pessimism is strong.

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