Xinjiang: Lint Quotes Bottoms Up

During the Spring Festival holiday, the main contract price of ICE cotton was broken by 64 cents strong pressure level. The cotton price quotas of bonded cotton spot, spot and far month contracts continued to rise, and Xinjiang cotton processing costs, financial costs and warehousing and transportation costs rose, and so on, on February, 24-25, Xinjiang cotton warehouse. offer Rising 100 yuan / ton, but as the mainland cotton textile enterprises, business enterprises are still in the start-up stage, the cotton price has not been supported by volume, so the rise is in the exploratory stage, but also to see whether the price of zhengmian and commodity cotton listing transactions follow up.

Some cotton enterprises said that due to 2015 cotton Import quotas Only 894 thousand tons, most of the procurement of foreign cotton by textile enterprises will be "long and thin", and the impact on the domestic market will not be great; 11 million tons of national cotton reserves unless Cotton price The sharp rise will only turn out, otherwise it will not compete for "spoiler", so Xinjiang cotton will eventually become the "backbone" of cotton demand. Insiders predict that the 3128 grade cotton price will be searched for support (gross weight settlement) between 14000-15000 yuan / ton.

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It is reported that some cotton farmers in the early stage of the sale of seed cotton, some divisions paid some advance payments, and some did not pay in advance. According to incomplete understanding and some cotton growers, according to the final price after subsidy, there is a slight difference in the subsidy standard of each division. Among them, after the deduction of water mixed 15-20%, the price of machine picked cotton is more than 6.7 yuan to 7.9 yuan, and the price of hand picking cotton is 7.4 yuan to 8.1 yuan. Some cotton growers in the first division told reporters that around February 8th, their cash cards had already received subsidized seed cotton. After deducting the water content of seed cotton, the price of machine picked cotton was about 7.9 yuan / kg (processed products were white cotton grade three), and so on, at each level of rise and fall, the price moved up to 0.15-0.2 yuan / kg. The second division cotton grower reflected that the price of machine picked cotton after the seed cotton mixture was about 7.6 yuan / kg (finished product was white cotton grade three) and hand picked cotton was 8 yuan / kg. The seventh division cotton farmers showed that the price of machine picked cotton after the seed cotton mixture was about 7.2 yuan / kg, and hand picked cotton was 7.9 yuan / kg.

According to the person in charge of cotton and linseed company, due to the different factors of production in terms of climate, land, seed and management, the output and quality of seed cotton are different among different divisions, and more because of market factors, resulting in differences in purchasing price of seed cotton.

According to the regiment's cotton target price reform pilot scheme, before the end of December 2014, the relevant departments of the state decided the total amount of subsidy funds and allocated them to the corps according to the cotton planting area and output of the National Bureau of statistics. According to the relevant personage, at present, the Corps has allocated all the subsidy funds to all divisions in strict accordance with the requirements of the implementation plan.