Yangtze River Basin: Long Staple Cotton Prices Or Rising

In January 4th, Jiangsu Dafeng seed cotton arrived at the factory price of 3.0-3.15 yuan / jin (lint 39%, moisture 14%), unchanged before the new year's holiday.

A local ginning factory owner said that at present there are sporadic cotton seeds in cotton farmers, with low quality and many impurities, but most of them are not satisfied with the purchase price.

Many cotton growers say that if the price goes on, they will keep seed cotton for their own use.

Up to now, Hubei

Jingzhou and other places 400 enterprises to maintain less than 15% of the acquirers, seed cotton to the factory price of 2.95-3.0 yuan / jin (lint 38-39%, moisture around 13%), cotton farmers reluctant to sell sentiment is strong, the market few pactions.

At present, the ginning factory concentrates on selling lint spot and cottonseed. On the 4 day, the sale price of Jingzhou 4128 grade foreskin cotton is 13000 yuan / ton, and the price of the same grade cotton is 12400-12500 yuan / ton, up 100-200 yuan / ton before the new year's holiday.

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It is because the cost of the ginning mill is rising and the price is adjusted by itself.

A market source said that at present, textile enterprises are still buying on demand, and the price adjustment behavior of ginning plants has not been answered.

4, Changde, Hunan

Listing price in 2.80-2.90 yuan / Jin, rarely more than 3 yuan / kg of quotations, most of the market turnover for cotton farmers' sale.

It is understood that most of the local cotton farmers' income in the 2014 year is in a slight deficit or a slight profit. Most cotton growers say they will not grow cotton in 2015.

The spot price of cotton lint at ginning factory is 12300-12600 yuan / ton (net weight and ticket), which has remained stable recently.

At present, there are 20-30 cotton jins in Changde ginning plant and a few tens of thousands of catties, which have dropped sharply compared with the same period last year.

On the 4 day, the output price of local cottonseed cottonseed was 1.05 yuan / Jin, 0.10 yuan / kg lower than that of Shandong and Hebei, and individual oil plants in Shandong came to purchase.

Outside cotton, 4 days Zhangjiagang has cleared India new cotton S-6 1-5/32 quoted price 14300 yuan / ton, traders hand cotton more, new cotton less, Chen cotton quoted price in 13500-13800 yuan / ton; Australia cotton SM1-5/32 quoted price in 17200-17300 yuan / ton, the best quality price is 17500-17600 yuan / ton, some horse high value Australian cotton price is 16600-16700 yuan / ton, the overall price keeps stable, the downstream purchase situation is general.

The market thinks, just entered the 2015, the new quota of textile enterprises has not yet arrived, the old quota has expired, it is expected that the cotton purchase outside the bonded area will be in a state of suspension, and the cotton that has been cleared will be more active.

In other words, recently, the enthusiasm of Jiangsu textile enterprises to purchase long staple cotton has been improved. A general manager of Jiangsu textile enterprises, Li said that the current price of Zhangjiagang long staple cotton in the south of China is 137 yuan at 27800 yuan / ton, and the 237 level is 27200 yuan / ton.

Li said that the price of long staple cotton was relatively low in 2014, and that the staple stocks of long staple cotton are generally on the low side. There are plans for procurement in the near future, and prices are expected to rise.