Xinjiang Seed Cotton Quality Declines, Market Bearish Sound Strengthened

Up to now, the picking work of machine picked cotton in North Xinjiang has basically ended, because there is rain and snow and cooling weather, frost gradually increases, the overall quality level deviate from South Xinjiang, and seed cotton price is low.

On the 11 day, the price of hand picked seed cotton in Shihezi, Changji and other places was 5.80-6.0 yuan / kg (lint 40%, moisture 10%), the price of machine picked cotton was 4.80-5.0 yuan / kg, and the price dropped 0.2 yuan / kg from last Friday.

Akesu, Kashi and other places in the southern part of the seed cotton to the factory price 6.0-6.2 yuan / kg (lint 41%, moisture regain 10%), frost is generally lower than 6 yuan / kg, part of less than 5.5 yuan / kg, all yesterday compared with yesterday dropped 0.05 yuan / kg, compared with last Friday fell 0.10 yuan / kg line.

　　 Cotton grower Feedback, up to now, the picking of cotton seeds in the southern Xinjiang is nearing the end. The newly picked cotton seeds are mainly frosted, and the lint is around 38-39%, which is 2-3% lower than the normal flowers. The horse value is mostly C2. However, cotton farmers sell more money and often sell with good cotton, which will bring difficulty to the sorting and processing of the ginning plants.

Because Unginned cotton Quality is down, and lint is not salable. Cotton ginning factory The progress of the acquisition is slow, and some manufacturers stop and wait. A ginning factory owner said that their factory had accumulated more than 5000 tons of lint cash and was hard to sell. Because of fluctuating liquidity and post market cotton price fluctuations, their factory had stopped collecting on the 10 day, and concentrated on selling cotton.

On the 11 day, the pick-up price of hand picked cotton in Shihezi area was 14300-14500 yuan / ton (3128 level). However, due to the larger quality gap, the price of the machine picked cotton is relatively confusing, and the price center is at 13600-13900 yuan / ton (level 3128), which dropped 200 yuan / ton compared with last Friday. The 3128 class lint pick up price of Akesu platform was 14500-14600 yuan / ton, 2129 level 14800-14900 yuan / ton, compared with yesterday's 100 yuan / ton, it has been reduced by 400-500 yuan / ton since November. Recently, downstream textile enterprises, cotton traders, traders to buy new cotton enthusiasm reduced.

A cotton trader introduced that under the psychology of "buying up but not buying down", we generally waited and waited until cotton prices stabilized. Because the freight transportation of some logistics companies has declined, because the freight transportation of Akesu cotton to Shandong is 1150 yuan / ton line, down 100-120 yuan / ton, transported to Hebei area mostly 1200 yuan / ton, also has 100 yuan / ton decline.