Seed Cotton: Prices Rose Slightly, Sales And Sales Were Slightly Active.
Recently, some cotton growing areas in Hebei and Shandong have shown that seed cotton listing is on the rise and prices are rising slightly. In January 14th, the price of Shandong Binzhou Tong Hua was 3.05-3.30 yuan / jin (39% of lint and 10% of moisture regain), up 0.05 yuan / Jin compared with last week; the mainstream price of seed cotton in Hebei, Cangzhou, Hengshui and other places was 2.95-3.20 yuan / Jin, up by 0.03-0.05 yuan / Jin.
Recent places Unginned cotton The volume of listing increased significantly, a family in Binzhou, Shandong. Cotton enterprises It is reflected that since the middle of January, the daily harvest of seed cotton has reached 3-5 Jin Jin, which is more than 30% higher than that in 2014 December. In some cotton areas of Hebei, there are also reports of increased seed cotton acquisitions. Individual businesses even collect 100 thousand kg of seed cotton per day.
According to a market analysis, before the Spring Festival, cotton farmers usually pack cotton. Sale 。 In addition, the downstream stock market has been sluggish for a long time, and the mainland direct subsidy rules have not been released yet. Cotton farmers mostly bag for safety, and the price of seed cotton is expected to fall after the Spring Festival.
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Recently, the long staple cotton market is still showing no signs of indifference. On the 14 day, the purchase price of long staple cotton seed cotton in Awati County of Xinjiang was at 8.0-8.5 yuan / kg. Some of the better quality was 9 yuan / kg, and seed cotton clothes were mostly 32%, and moisture regain was about 10%. The head of a ginning factory in the county said, "in fact, the overall quality level has dropped a little since last December, which is the main reason for the price reduction." At present, they still maintain the "open" acquisition status, and they receive tens of thousands of pounds of cotton seeds and tens of thousands of pounds per day.
With the decrease in the quantity of long staple cotton seed cotton, the market is in the state of "less and less", and the local continued acquisition is only about 20%. Most of the ginning mills choose to "stop the winter" to sell the spot mainly. By mid January, only 10% of the long staple cotton seeds were sold in Awati County, and most cotton farmers were willing to sell them before the Spring Festival. Therefore, the recent market presents a small climax of seed cotton listing.
The ginning factory will focus its efforts on the spot sale. On the 14 day, Awati County 137 grade a long staple cotton manufacturer picked up the price 26500-26700 yuan / ton, 237 class 26000 yuan / ton, 337 level 25200 yuan / ton, the price was flat compared to last week. With the approaching of the end of the year, most of the ginning mills show a contradictory mentality. On the one hand, the pressure on repayment of loans is increasing, and some of the cotton sales must be refunded. Therefore, some manufacturers in the actual transaction process give the downstream enterprises certain bargaining space, ranging from 100 yuan / ton, 200 yuan / ton, and up to 300 yuan / ton; on the other hand, they are reluctant to give up.
Unlike the cotton gin factory, most of cotton merchants show a wait-and-see mentality, and they dare not start lightly. A cotton merchant in Shandong, who runs a business in Xinjiang, said that the long staple cotton that their company has shipped to the mainland is generally sold in the near future, of which 137 and 237 shipments are still available. The price is 27700 yuan / ton, 27000 yuan / ton first line, but the profit is low, so most of the Cotton Traders choose to "cover cotton" and wait for the rising opportunity. However, there are also some large cotton traders quietly stocking their stockings. Li said that a one-time purchase of 1500 tons of long staple cotton by a company in Shandong indicated that some people had a much more mindset.
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