The Yellow River Basin: Blocked Sales Of Real Estate Cotton
Recently, the the Yellow River River Basin
Cotton market
Resources are abundant, and sales of real estate cotton are blocked.
Xinjiang cotton arrived one after another.
A cotton trader in Qingdao, Shandong, said that about 10-15 tons of Xinjiang cotton arrived this week.
Qingdao, Shandong
Binzhou, Hebei, Shijiazhuang, Baoding and other places.
In addition, following the signing of 50 thousand tons of machine cotton picking by a large textile enterprise in Shandong, many textile enterprises in Shandong, Hebei and Henan are preparing to purchase goods in the near future, or pick up goods directly in the mainland warehouse. Xinjiang machine picked cotton is occupying the mainland market at a very low price.
In March 25th, the price of the 3128 grade Xinjiang Corps in Ji'nan, Shandong, was 13400 yuan per ton for the production of cotton, and 3-5 million tons were purchased at the Xinjiang corps, with a price of only 12900-13100 yuan per ton.
The price of machine picked cotton produced by local enterprises in Shandong market is only 12700-12800 yuan / ton, down 200 yuan / ton compared with last week.
India cotton arrivals increased.
A trader in Qingdao has reported that the price of cotton in India has declined recently. The price of RMB S-6 1-5/32 was quoted at 13700 yuan / ton on the 25 day. The low quality was 13100-13200 yuan / ton, which was down 100 yuan / ton compared with 24 days, and the quantity increased.
Real estate cotton is hit.
A certain Hebei
Cotton ginning factory
According to the boss, up to now, 400 of the 95% enterprises in Hebei province have been discontinued, and they concentrate on selling spot goods, but no one is interested in it.
It is understood that 25 Shandong Dezhou and Binzhou 3128 grade real estate cotton 12900-13100 yuan / ton, compared with last Friday (20 days) down 100 yuan / ton, 4128 level 12500 yuan / ton, the price is stable.
Recently, many Shandong enterprises have reflected that textile enterprises need cotton resources, but most of them are eager to purchase Xinjiang cotton or outer cotton. Although some small and medium-sized textile enterprises are buying a small quantity, but the prevailing credit is prevalent, and the ginning mills dare not sell them to cotton.
Not only in Shandong, but also in Hebei, Henan and other places.
Market analysis, recently, the "bad luck" of real estate cotton came from "inside the wall".
First, the local ginning mills are rushing and squeezing each other because they are eager to cash in. Two, the real estate cotton spot is in a cost upside down state. In order to reduce the loss of some cotton mill adulteration, the fake phenomenon is serious. Three, the industry and the enterprises shield information from each other, or even disseminate false news, resulting in operating losses.
The future development of cotton processing enterprises in the Yellow River river basin is a long way to go.
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