The Yellow River Basin: The Overall Market Price Of Cotton Continues To Fall.

Recently, the purchase and sale of cotton in the the Yellow River River Basin has become more and more deserted. In December 2nd, the price of seed cotton was 3.05 yuan / kg in Juye, Shandong, which was flat with 1 days, and the market was basically stagnant. The price of seed cotton in Hebei, Cangzhou, Tianjin and Jinghai is 2.80-2.95 yuan / jin (40% of lint, 10% of water), which is lower than that of 1 yuan per day with 0.02-0.03 yuan / kg. According to the ginning factory, up to now, the acquisition of seed cotton has only finished about 70%, but the purchase and sale situation is similar to that of the previous year's purchase.

Lint spot continued to fall. On the 2 day, 3128 cotton lint factories in Juye, Heze and other places in Shandong were quoted at 12600 yuan / ton (gross weight, with tickets), and 4128 grade 12400-12500 yuan / ton, all down 200 yuan / ton compared with November 30th. The spot price of lint in some cotton areas of Hebei and Henan decreased by 300 yuan / ton compared with 30 days. Among them, the 3128 mainstream lint cotton production quotations in Hebei, Cangzhou and Hengshui were 12900 yuan / ton, 4 yuan at 12400 yuan / ton, Henan Xinxiang and Zhengzhou 2228 yuan 12300 yuan / ton.

Qingdao, Shandong Cotton outside Hong Kong Sales are "hot and cold". On the same day, the price of RMB SM yuan 1-1/8, new to the US cotton, was 16500 yuan / ton (including tax), which was 100 yuan / ton higher than that in November 28th. Australia cotton SM 1-5/32 mainstream yuan quoted price in the vicinity of 17000 yuan / ton, GM level in 17500 yuan / ton, the price is stable, downstream purchase Enthusiasm Higher, better turnover. India cotton S-6 1-5/32, the price of RMB 14000-14200 yuan / ton, the downstream wait-and-see atmosphere is strong, inquiry is not much.

It is understood that the number of Xinjiang cotton which has recently arrived in Shandong and Hebei market has been slightly reduced. On the 2 day, Akesu's local production of 3128 level fine wool cotton transported to Shandong Binzhou price was 14100-14200 yuan / ton, and 4128 grade was 13600-13800 yuan / ton, compared with November 28th, it fell 200 yuan / ton; 137 grade long staple cotton price was 27400-28000 yuan / ton, and the price was basically stable. The market reflects that most of the logistics enterprises, distributors and spinning enterprises are watching, and fewer and fewer people are visiting Xinjiang.

At present, there is no news on the mainland's direct subsidy rules. It is understood that most market players hope to supplement the area, but there is still controversy about whether or not to set up the "threshold". Some cotton growers believe that no matter how many kinds of seeds are planted, they will have to patch them as long as they grow. However, some enterprises and cotton farmers think that subsidies for the cotton industry should only be targeted at the "big household" subsidy for the continuous planting from the "long-term stability" of the mainland cotton and the "specialization and scale" development of the cotton industry.