Cotton Enterprises Lose More Sales Losses.

It is understood that Cotton target price subsidy in 2014 According to the average price of seed cotton in the northern Xinjiang and southern Xinjiang, which is reduced to 0.20-0.25 yuan / kg (hand picked cotton) and the relative progress of the acquisition process this year, some institutions and cotton traders believe that the average purchasing price of seed cotton in the 9-11 month is about 6.10-6.15 yuan / kg in the 9-11 month, and the average cost of cottonseed is 1.65 yuan / kg. The comprehensive cost of lint is about 13600-13800 yuan / ton (excluding the cumulative financial cost of processing enterprises), plus the cost of 200-220 yuan / ton short and the collection of warehouse fees, and the warehouse is about 100 yuan / ton. Cotton mill The total cost of spanportation is about 13900-14100 yuan / ton. Akesu and Bachu are relatively centralized and processing capacity are strong because of the ginning plants, so the seed cotton purchase price and the lint cotton comprehensive cost are slightly higher than the other cotton areas in the territory, which is 300-500 yuan / ton. In December 3rd, the gross weight pickup price of 3128 grade lint of Akesu and Bachu warehouses in southern Xinjiang had been reduced to 13600-13800 yuan / ton, and the purchase price of cottonseed in oil factory and develvet factory was only around 1.60 yuan / kg, and the loss of cotton ginning mill was generally 300 yuan / ton.

Some cotton enterprises said that because Zheng cotton allowed 2014/15 annual production of cotton picking (production of warehouse receipts), the price of CF1501 and CF1503 contracts could be considered as 3128 of the machine picked cotton. Taking into account the difference between harvesting cost of machine picked cotton and hand picked cotton, about 1000 yuan / ton (about 0.7 yuan per kilogram of machine cost). Manual picking About 2.20 yuan / kg, picking cost difference of 1.5 yuan / kg, according to the seed cotton yield per unit area 350 kg / mu, the cost of lint cotton is about 1000 yuan / ton, so the price of hand picked cotton needs to increase 1000 yuan / ton on the basis of Zheng cotton CF1501 contract. For example, in December 3rd, the CF1501 contract price was 13100-13200 yuan / ton, hand picked cotton 3128 spot quotation, the mainland library quoted at 14400-14600 yuan / ton, the 2128 level quoted price was 14800-15000 yuan / ton (gross weight settlement, futures for public settlement).