Xingtai: Lint Spot Continued To Fall Cotton Enterprises Stop Seed Cotton Purchase

At present, seed cotton picking work in Xingtai, Hebei is almost coming to an end. Local cotton mills only account for 1/3, cotton seed cotton is difficult to sell, but cotton linkings continue to fall. Recently, the local spot 3128 class selling price was 14100 yuan / ton (gross weight since the mention of the ticket price), 4128 level sales price 13500 yuan / ton, compared with the previous day, 200 yuan / ton.

According to the analysis, the main reason for the continued decline of spot selling prices is:

everything Spinning enterprises Purchasing is not motivated. After a period of centralized replenishment, textile enterprises are buying and purchasing cotton linen at present. The number of real estate cotton and the number of new cotton arriving in the mainland have increased, and more resources can be purchased. Textile enterprises are still mainly Buying Xinjiang cotton, so the selling price of real estate cotton is in a downward trend.

The two is the purchase price of lint cotton from a large textile enterprise in Shandong, which has dropped to the factory's fixed weight. The purchase price of the 2128 grade lint is 14300 yuan / ton, the purchase price of the 3128 grade lint is 14000 yuan / ton, the purchase price of 4 grade lint is 13500 yuan / ton, which is 300 yuan / ton lower than the previous day. When cotton enterprises are selling in a spot, many cotton enterprises are selling to the enterprise as the main channel.

Three is Zheng cotton futures market. More ups and down The closing price of today's delivery contract was 14395 yuan / ton, down 50 yuan / ton compared with the previous day, and other contracts were around 13300 yuan / ton, the decrease was 100-200 yuan / ton. Sales of cotton byproducts did not improve and continued to maintain a weak trend. Despite the strong willingness of cotton enterprises to raise prices for cottonseed prices, the purchase of cottonseed oil manufacturers was not positive, so the sales price of cottonseed seeds was 1.08 yuan per kilogram a day. If the loss was 2% yuan, the processing cost was 1000 yuan / ton, and the lint percentage was 38%, which was converted to 3128 seed cotton purchase price 2.97 yuan / kg in addition to the contract price. Recently, the purchase price of white cotton grade 3 seed cotton was 3.10 yuan / kg (lint percentage 38%, moisture regain 13%), white cotton 4 seed cotton purchase price 3 yuan / Jin, white cotton 3 grade conversion. production The cost is 14000 yuan / ton, and the white cotton grade 4 production cost is 13450 yuan / ton, according to the current lint sale price, there is no profit margin.

In November 5th, the purchase price of local cotton seed grade 3 cotton seed was 3 yuan / kg (lint percentage 38%, moisture regain less than 13%), and the purchase price of white cotton 4 seed cotton was 2.90 yuan / Jin, down 0.10 yuan / Jin compared with the same period last week. The production cost of white cotton grade 3 is 13450 yuan / ton, and the white cotton grade 4 is equivalent to 12900 yuan / ton production cost. If it is sold to a large textile enterprise in Shandong, there is a certain profit margin in principle, but according to cotton enterprises, the acquisition is more stringent when the spot sale is difficult, because the factory inspection result is the standard of settlement, and the requirements for three wire are strict, and the actual spanaction price is lower than the announced price. Cotton prices have sharply reduced seed cotton purchase prices. On the one hand, cotton farmers are reluctant to sell more psychologically and sell no enthusiasm. On the other hand, cotton enterprises continue to see the post market situation, and the takeover is not active. Therefore, the local seed cotton purchase market is relatively light, and some cotton enterprises even stop buying seed cotton, holding a wait-and-see attitude.