Xinjiang Cotton Auction In 2014
It is understood that when the number of cotton groups involved in "group buying" reached 500 tons or more, on the basis of each batch of "group buying" cotton, the price could be automatically reduced by 100 yuan / ton as the final paction price.
Whole country
cotton
The market is scheduled for sale in April 3rd. Xinjiang cotton sells 6997.669 tons of resources.
Xinjiang
The reservoir area has 2205.202 tons of resources (1040.671 tons of hand picked cotton, the lowest).
offer
10400 yuan / ton; 1164.531 tons of machine picked cotton, the lowest price is 12100 yuan / ton), which contains 303.9 tons of cotton and 303.9 yuan for the BINGTUAN. The lowest price is 13700 yuan / ton. The resources in the inland reservoir area are 4792.467 tons, among which group buying accounts for 3450.388 tons.
Non group buying resources accounted for 1342.079 tons, (hand picking cotton 517.554 tons, minimum offer 14000 yuan / ton, 824.525 tons of machine picked cotton, lowest offer 13000 yuan / ton).
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Recently, a lot of cotton enterprises and traders bought and sold the mentality of buying or selling. It is very obvious that the spot market is also quiet.
According to some cotton enterprises in Korla, Akesu and other places, the Xinjiang production and Construction Corps lowered the price of machine picked cotton, the national cotton trading market organized group buying Xinjiang cotton and the recent CF1505 contract of Zheng cotton futures fell below 13000 yuan / ton and 12800 yuan / ton respectively. Since the end of March, the purchase of cotton textile factories, cotton operators and several foreign businesses coincide with the slowdown or even suspension, and the proportion of inquiries and warehouses to inspect warehouses has also declined significantly.
Cotton dealers in Shandong, Hebei, Henan, Jiangsu and other places reflect that some of the contracts signed have met with some problems due to the decline of cotton prices inside and outside of Xinjiang. The buyer has delayed the execution of the contract by postponing payment of the goods, temporarily taking delivery or asking for credit.
A cotton and linen company in Henan reflects that a customer in Yancheng signed the 10 batch of South Xinjiang hand picking cotton contract in mid March. In March 25th, there was no news of the delivery of the 5 batches of goods after the payment was made. The buyer said that the sales of the yarn and cloth had also encountered great difficulties. There was not enough capital to pick up the goods, and the cotton enterprises were given a 5-10 day grace period. However, the cotton and linen company also needed to return the bank loans recently, and the other 5 batches of cotton would need to terminate the purchase and sale contracts before they were sold.
Some county township agricultural sector staff also actively linked with agricultural distributors or seed companies to help farmers get the agricultural materials and arrange production earlier. Some farmers who failed to repay the loans in 2014 were paid back by the bank and local government after the payment of a portion of their arrears. In the first place, they did not delay the soil moisture and missed the planting period. Two, only farmers cultivated farmland could delay the repayment of arrears for half a year or a year.
It is estimated that the 10-25 day of April will be the cotton sowing period. On the one hand, after the middle of April, the temperature change in the southern Xinjiang is no longer frequent and the disaster weather will decrease. On the other hand, farmers need enough time to prepare agricultural materials, seeds and cotton fields.
It is understood that in March 30th -4 1, Akesu, Bachu and other parts of the large cotton area suffered strong wind and cooling weather attacks, visibility is very low, the average temperature dropped 4-5 degrees Celsius, in order not to miss soil moisture, some planting large households, cotton planting units are still active seeding.
From the feedback of farmers, fertilizer, plastic film, pesticides, seeds and other prices are basically consistent with those before the Spring Festival, and there has not been any increase. However, farmers' credit for agricultural and cotton seeds is relatively common. Some agreed that the cotton target price in April 2014 will be returned directly, while others will be delayed until 2015 autumn.
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