Xinjiang Cotton Competition Today Launched 7358 Tons Of Resources

Xinjiang cotton will be on sale in April 24th, with 7358.322 tons of competitive resources, including 2638.807 tons of resources in the Xinjiang reservoir area (1799.302 tons of hand picked cotton, 10100 yuan / ton minimum price, 839.505 tons of machine picked cotton and 12200 yuan / ton minimum bid), involving 348.289 tons of cotton picking and buying cotton at the two stations of the autonomous region cotton and linseed company, with a minimum price of 13200 yuan / ton, and 4719.515 tons of resources in the inland reservoir area, of which group buying accounts for 2691.45 tons.

A minimum price of 1785.839 tons, 12800 yuan / ton, group purchase of 905.611 tons of machine picked cotton, minimum price of 12800 yuan / ton.

When the quantity of cotton sold in group buying reached 500 tons or more, each batch of "group buying" cotton was in the process.

On the basis of automatic reduction of 100 yuan / ton as the final paction price.

The non group buying resources accounted for 2028.065 tons, 1292.491 tons for hand picking cotton, 12800 yuan / ton for the lowest price, 735.574 tons for machine picked cotton and 12900 yuan / ton for the lowest price.

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In 2014, cotton growers tasted the sweetness of long staple cotton, not only selling high prices, but also subsidized by the government.

In the face of this year's short supply market, the government of the long staple cotton producing area has also actively promoted and encouraged cotton farmers to grow long staple cotton.

Therefore, the cotton planting area of long staple cotton will increase greatly this year.

A cotton grower in Awati county introduced 30 mu of long staple cotton last year, with a yield of 330 kg / mu, an average price of 8.79 yuan / kg, and gross income of 2900 yuan / mu.

After planting upland cotton, the yield per unit area was 400 kg / mu last year, the unit price of seed cotton was 6 yuan / kg, and the gross income was 2400 yuan / mu, the difference was roughly 500 yuan / mu.

The target price subsidy policy stipulates that part of the subsidy standard for long staple cotton and upland cotton is the same, but part of the subsidy standard for long staple cotton yield is 0.893 yuan / kg, and the upland cotton is 0.688 yuan / kg, so the subsidy amount for long staple cotton is 0.893 yuan / kg *320 equivalent to 295 yuan, and the subsidy amount for upland cotton is 0.688 yuan / kg *400 kg or 275 yuan, the difference between the two is 20 yuan.

In 2014, most cotton farmers' long staple cotton yield was 350 kg / mu, which was more obvious than that of planting fine cotton. So in 2015, cotton growers in Xinjiang and the cotton growers in the mainland of China increased the planting area of long staple cotton.

It is understood that as of April 22nd, Akesu long staple cotton sowing rate has reached more than 75%, is expected to end by the end of this month.

This year only Awati County long staple cotton sown area may reach about 800000 mu.

In Akesu, other counties, flags, and Kashi, Korla and other places also sown area of 60-70 mu.

According to the forecast of the industry, according to the enthusiasm and increment of cotton seeding this year, the output of domestic long staple cotton in 2015 is likely to exceed 70 thousand tons, an increase of about 25 thousand tons, or an increase of 55%, compared with the 45 thousand tons in 2014.

Will the planting heat of long staple cotton bring some pressure to the spot market? A cotton trader in Hebei said that most of the long staple cotton in Xinjiang area had maintained the pre price since mid April.

Although the ginning factory still adheres to the principle of "big asking for price" and "selling more and selling less", it has received some cold reception recently.

In particular, the head of the army is developing cotton.

The price of the 137 class long staple cotton platform is 28500 yuan / ton and 237 level is 27400 yuan / ton, which is only 200-300 yuan / ton higher than the price of the local cotton ginning factory.

However, the Corps produce long staple cotton with good consistency, high horse quality, less impurities and low water impurities, which is welcomed by downstream textile companies.

For the late trend of long staple cotton prices, some people believe that prices will rise, while others believe that prices will remain stable.

If the price of long staple cotton continues to rise, it needs strong support from downstream consumption.